The super success of the Fairmont Palm
Residence is the more proof that Dubai is the place to buy.
Exciting buying opportunities in the
hotspot of Dubai have been unveiled to UK buyers with the launch of IFA Hotels
& Resorts’ Fairmont Palm Residence. This latest project in IFA’s $1 billion
in The Palm, Jumeirah will consist of luxury apartments, town houses and
penthouses.
The 558 spacious luxury apartments within
the Fairmont Palm Residences include one-, two-, three- and four-bedroom apartments,
as well as town houses and penthouses which will have direct beach access and
unrivalled sea views. Apartment sizes in the development will be among Dubai’s
biggest – for example, a large luxury three-bedroom apartment overlooking the
sea will offer 4,000 sq ft of space, making it on average about 30 per cent
bigger than similar properties.
Town houses, priced at £1 million and up,
boast private swimming pools and gardens as well as direct access to basement
parking. The penthouses, meanwhile, are priced from £900,000 and have private
swimming pools and offer spectacular ocean views from the top two levels. The
Fairmont Palm Residence will feature a complete array of top facilities,
including a members-only health club, gymnasium and swimming pools, as well as
extensive children’s play areas and a diverse selection of restaurants and
cafés. Investors in this world-class residence will also enjoy concierge and
housekeeping services plus child care facilities.
IFA has set up a unique rental scheme for
the residences, managed wholly by Fairmont Hotels & Resorts, which allows
investors to rent out properties either furnished or unfurnished. The furnished
options offer medium- to long-term leases or short-term rentals, with the owner
receiving a return based on occupancies. ‘The short-term furnished option will
be beneficial for overseas investors as it allows them to use the property when
it isn’t rented out,’ explains Werner Burger, vice president of sales and
marketing for IFA Hotels & Resorts. ‘This can produce significant returns
for investors with demand for short-term accommodation in Dubai increasingly
on the rise.’
For more information about this amazing new
opportunity visit fairmontpalmresidence.com.