Elite Residence 3 - Dubai Sports City

We are proud to present one of the hottest investment opportunities currently available in Dubai. Elite III Sports Residence in Dubai Sports City is the third phase of a previous rapidly sold out Elite I and II Sports Residence developments. The Elite III Sports Residence is one of Dubai's most innovative design structures with stunning views over the central lake and spectacular urban skyline. Designed and developed by acclaimed architects and finished to the highest standards, the resort will appeal to a wide range of elite clientele including various high profile sports personalities and VIPs. According to independent reports Dubai Sports City is expected to have a minimum occupancy short term rental rate of 76% due to the fact that the master developer of Dubai Sports City has limited the number of hotels to only two within the City. Average rental returns are expected at 10-12% per annum. Dubai Sports City is the first of its kind purposebuilt sports city in the world, with four Stadiums, and a purposebuilt golf course. As with Elite I and II, the developments great success was due to great location coupled with the most competitive pricing while maintaining quality. Elite III is based on the same principles. Currently apartments in and around the waterfront are retailing at AED 1000 plus sq ft. Our development is priced at least 20% below similar developments within the same location. Elite III boasts a fully equipped gymnasium, a swimming pool. Every apartment is fully furnished and the kitchen comes with appliances including cooker, microwave, fridgefreezer and oven. The properties would be ready to live in upon completion or let out immediately.

Elite III is located within Sports City, inside the Circle around the Lake (a central feature of the city), and next door to the Cricket Stadium, very close to the entrance of the City towards the Emirates Rd and just on the edge of the Golf Course. Locations within the City do not come much better than this. There is not to be found anywhere else in Dubai an opportunity similar to this.

Residential Visa offered.

Location
Situated at the heart of the world's first purposebuilt integrated athletics and sports venue is a prime future location for main highnetworth visitors, 20 minutes from Dubai International Airport. The Property has 200 generously sized apartments with private balconies Apartments boast plush furnishings and sumptuous state of the art amenities & FULLY FURNISHED. Unparalleled views of the lake and surrounding area Supreme 5 star resort facilities Manchester United Sports School, ICC Sports School, David Lloyd Sports School and Specially designed Golf Course all part of the Sports City Completion expected Dec 2009.