Only an average six flying hours from Central Europe and nine flying hours away from prospering Far Eastern economic centers, Dubai lies geographically perfectly as a stopover, for conferences and more and more also for a complete private vacation. The town draws Europeans as well as people from the Asian space. Already in 2016 with about 15 million visitors, Dubai received seven times more tourists like the whole emirate in inhabitants counts.
And secured itself the fourth place behind Paris under the most popular tourism metropolises of the world.
These are the variety and the contrasts from white beaches under unclouded sky, scanty desert, exclusive shopping malls, entertainment and of course a blossoming economy which guests estimate from all over the world. For 2017 the Mastercard Worldwide destination forecast city index estimates with 7.7% the highest growth in guest-arrivals under five leading urban destinations worldwide. On the issues of guest-spending, Dubai leads the ranking unbeatable with 23.78 billion Euros and an expected increase of 10.2% in 2017. With this dynamic, the booming town at the golf might achieve the planned aim of 20 million tourists in 2020 easily. Extensive investments in the tourist infrastructure like the completion of the Dubai World central airport (the biggest airport of the world), the Dubai opera and two new theme parks as well as great events like the Expo in 2020 secure a great future. The very high hotel occupancy (at present an average of 80%) makes Dubai also for hotel operators and investors in hotel real estate highly interesting.
Now on Palm Jumeirah, a gigantic lagoon in palm form, a 5 star deluxe hotel which offers to investors the possibility to profit from the dynamic of Dubai will be built. On the 100,000 square metres property with 500 metres of private, white sandy beach a hotel complex which encloses 3,000 square metres for shops with international brands, high-class commercial- and conference facilities, an extravagant hotel cinema as well as a big luxury spa with tempered pools beside approx. 380 rooms, suites and hotel villas will be established. APARTINVEST is proud to offer investors the possibility to purchase fully equipped hotel apartments, which are registered in the land register. The purchase includes the proportionately communal surfaces and starts at approx. 790,000 USD. The guaranteed yield of 8 % will be paid for the construction time and a period of five years after the completion. All reallocations and operating expenses are already included in it. And also the mediation by APARTINVEST is free of commission, yet will not reflect negatively on your yield. The payment of the purchase price occurs within two years in three tranches which orientate themselves by the construction progress. The hotel operator, who concludes a long-term lease contract with all owners of the hotel apartments, is a leading European hotel chain that operates worldwide.
As with most offers of APARTINVEST, the exclusive hotel project in Dubai offers a kind "private holiday yield" for the investors: As an owner you are entitled to spend up to 14 nights in the year in a hotel room, a suite or a hotel villa in the same category which you have acquired. Whether you use this annual bonus yourselves or transfer to friends or relatives remains to your personal decision. The hotel with its whole infrastructure, the gardens and the pools are available to the owners or their guests to the full extent free of charge.