Act fast: new Kempinski Marina Residences project excites investors

On May 23, the Kempinski Marina Residences project in Dubai Marina was launched. Almost a quarter of the stock was quickly acquired by the most astute investors. Apartments starting at $613,000 in the most touristic spot in Dubai, complete with hotel services and modern club amenities, are set to increase in value.

All apartments are sold with a 0% installment plan over 7,5 years. The demand for renting such apartments will be constant throughout all seasons.

Why this is advantageous:

• ROI ≈ 9.2% from rental income.

• Apartments with 1-5 bedrooms starting at $613,000.

• Expected price growth of at least 20% annually.

• Initial payment of 10% – from $61,300.

• 0% post-handover installment plan over 7.5 years – 65/35.

How we help you profit:

• We will immediately find a tenant for you after you receive the keys and register the lease agreement with the Land Department.

• We will help you resell at peak price for maximum profit.

• Once you receive the keys to the apartment, we will connect electricity, gas, water, and internet for you.

Developer:

Aba Group

Estimated ROI from long-term rental:

Annual rent for a 1-bedroom unit, considering rising rental rates closer to handover – $65,300

Service charge – $7,700

DLD – from $23,960

ROI ≈ 9.2%

Current prices:

• 1-bedroom – from $613,000;

• 2-bedroom – from $887,000;

• 3-bedroom – on request.