UAE Property Investment Forum

Burj Dubai Due to increasing competition, the final height of the Burj Dubai skyscraper is officially being kept a secret. However, figures released by a contractor on the project have suggested a height of around 808 m (2,651 ft), making it the world's tallest building. Rated as one of the most expensive projects in Dubai, Burj Dubai is set to make history when it completes. Have you purchased a unit there, or considering an investment? Does Burj Dubai offer a tremendous investment opportunity? Discuss it here.

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Salman Offline
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Default New Launch @ Burjside Boulevard - 21-03-2008, 06:59 AM

DAMAC is about to launch BURJSIDE BOULEVARD, adjacent to “ BURJ DUBAI” - World Tallest Tower - and “ THE DUBAI MALL” - World Biggest Mall -.

THE LAUNCH WILL BE ON 23 MARCH 2008.

EXPRESSIONS OF INTEREST TOGETHER WITH FULLY REFUNDABLE CHECKS ARE BEING COLLETED NOW!!!



Burjside Boulevard: Serviced Apartments

Burjside Boulevard will be located in Business Bay in very close proximity to the newest Dubai landmark and tallest building in the world, "Burj Dubai" as well as the worlds largest upcoming mall (The Dubai Mall).

The center-piece of the region’s most prestigious urban development to date, Burj Dubai represents the apogee of lifestyle distinction, which will be a powerful tourist magnet that will catapult Dubai into the global limelight.

Encompassing the magnificence of the Burj Dubai, the splendor of The Dubai Mall, the charm of The Old Town and the living refinement of The Residences all in close proximity, this “city within a city” will be the leading model for world class lifestyles in the 22nd century.



The Boulevard

Combining vast open waters, large green spaces and a striking landscaped entrée to the development, the Boulevard provides antidote to the stresses of life. Here people can walk laze in the sunshine, play sport, go boating or even take one of the waters taxis across Burj Dubai’s lake to meet friends.



3 Options Available to Buyers

1. Invest & Live the Luxury

Buyer owns and lives in the apartment

2. Invest and Earn

Buyer hands over the apartment to Rental Pool Operator (DAMAC or other) to manage it fully on his/her behalf. The buyer will receive a share of the income obtained by the Operator as a result of renting various apartments.

3. Invest, Earn and Holiday

In addition to benefits as per Option-2, the buyer can choose to stay in the apartment (need not be his own, but a similar apartment) for a continuous period of 4 weeks in a calendar year.

Buyers need to choose the option at the time of reservation.
Option to change will be offered 6 months prior to project completion.
Options 2 & 3 will require a min. of 3 year lock-in.

Costs (Indicative)


Service Fees
Maintenance Charges*

(AED / sqft / p.a.)

Option 1
16
15

Option 2
28
15

Option 3
36
15


Apartment Owners will be liable to pay both the Maintenance and Service Fees, annually in advance.
The fees indicated are estimates only, and subject to verification and annual audit, and subject to change without notice.
Surplus / deficit, if any, will be debited / credited to the Owner’s account.

Service Fees includes

Full apartment clean – thrice a week
Laundry and replacement of bed linen and towels – twice a week
Bouquet of television channels
Electricity & Water Usage in the apartment
Management Fee
Insurance of standard household inventory items

Maintenance Fees includes

Public and Common area maintenance (internal & external)
Security Services
Concierge Services
Reserve fund for external maintenance
Municipal taxes (if any)
Administration expenses
Auditors fees

Facilities Available for the Apartment Owners

Swimming Pool
Gymnasium & Health Club
Jogging Track
Children Play Area
Multi-Purpose Function Hall
Restaurant
Lounge
Parking

Details of Development

Basement Parking
Ground Reception + Retail + Parking
Floor 1 Retail + Parking
Floor 2 Parking
Floor 3 Fitness Centre + Parking
Floor 4 Restaurant & Leisure Facilities
Floor 5 to 36 Furnished Service Apartments


Approx. Saleable Area/Flr

9814 sq.ft.


Approx. Price/sq.ft.

2.900 AED and up…


Expression Of Interest Refundable deposits are:

· Full Floor = AED 200,000/-

· Half Floor = AED 100,000/-

· Quarter Floor = AED 50,000/-

· Single Unit = AED 10,000/-
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