Damac Tower by Paramount as a Fully Furnished Service Hotel Apartment one our best and luxury Hotel Service Apartment close and have a Easy access to Dubai Mall and Burj Khalifa close o the new project of Sheikh Mohammed Bin Rashid City and the largest mall in the world which will be located in the same area. Below are the full details of the project plus the units details and the layout & the Payment terms .Attached is the payment terms and the construction update & Features & Specifications for Unit(s) DAMAC Towers by Paramount : Brings Hollywood Glamour to Middle East Living and Hospitality ;Paramount Hotels and Resorts, the Official Licensee of Paramount Pictures, and DAMAC Properties Launches the first Paramount-Branded Hotel in the Middle East - Five-Star Hotel and Branded Serviced Hotel Residences in Burj Khalifa Area, Dubai. The US$ 1 billion ‘DAMAC Towers by Paramount’ is currently under construction and Anticipated Completion Date: Dec 2016 The project provide enviable views of the world tallest tower, the Burj Khalifa and provide easy access to one of the world’s largest shopping malls, The Dubai Mall.This area welcomed more than 65 million visitors in 2012, an increase of over 20 percent compared to 2011.The number is more than the amount of annual tourists to New York City (52 million). In an exclusive partnership with DAMAC Properties, the leading luxury private developer in the Middle East, and Paramount Hotel & Resorts (PHR-FZ-LLC), the official licensee of Paramount, ‘DAMAC Towers by Paramount’, will comprise a 540 key Paramount Hotel & Residences and more than 1,400 units of DAMAC Maison – Paramount co-branded serviced hotel residences located in the heart of the downtown Burj Khalifa area in Dubai, a new tourism hotspot. The four towers which make up ‘DAMAC Towers by Paramount’ are brought together with a multi level plaza, offering an eclectic selection of themed food & beverage concepts, meeting & events facilities, a screening room, wellness & fitness centers, swimming pools, kids club, retail, and merchandise all featuring the Paramount brand or select partner brands. Each tower stretches over 250 metres into the air. One tower will comprise of the Paramount Hotel & Residences with the remaining three towers, housing the DAMAC Maison – Paramount co-branded serviced Hotel Residences. The hotel and one, two and three bedroom serviced residences in the „mixed tower‟ will be managed by Paramount Hotels and Resorts, whereas the one, two and three bedroom serviced hotel residences as well as the ultra luxurious penthouses in the other three towers will be managed by DAMAC Maison, the hospitality division of DAMAC Properties. Serviced Hotel residences will feature fully-fitted kitchens and services that also include valet parking, concierge, housekeeping, in-room beauty treatments, a child minding service and kids club. In addition owners can elect to add their residence in the „rental pool‟ whilst they are away, allowing for rental returns to be generated. Ø Project is FOUR Towers and now we are selling in Tower D. (Tower C is the Paramount Hotel ) Ø Burj Area Location. Ø Consists of 1, 2, 3 BRs Ø Tower consists of G + 8 podiums + Heath Club + 56 Floors. Ø Building type is Deluxe Serviced Apartments. Ø One Parking Bay shall be allocated to each unit. Special Feature: Live & Earn: Rental pool option : STAY WHEN YOU WANT & EARN WHEN YOU DON’T A Rental Pool Scheme managed by Damac Suites & SPA. Wherein the Buyer wishes to engage the services of seller to offer, manage, and operate the Buyer’s Unit as a transient rental hotel unit within the Resort pursuant to the terms and conditions set forth by an agreement, known as the “Rental Pool”. The Buyer does not intend to occupy the Unit at all times of the year, and the Buyer desires to engage Damac for the purpose of renting the Unit, in whole or in part. Facilities & the Services : Grand lobby Specialty shops Multi-level plaza Sauna Spa Swimming pool State-of-the-art Gymnasium Standard services Ø Housekeeping Ø Room service Ø Concierge Personalised services Ø Private Chef Service Ø Personal Shopping Service Ø Baby Sitting Service Ø Butler Service Ø Spa services within the private confines of apartments Other luxury services Ø Private Yacht charter Ø Private Jet charter Ø Limousine and chauffeur service Key Features: Features & Specifications for Unit(s) Unit Features: Ø . Fitted Kitchen cabinets and countertops, refrigerator, washing machine with dryer option, hob & oven. Ø . Balconies where ever applicable as per unit plan. Ø . Wardrobes in bedrooms Ø . Fully tiled bathrooms, en-suites and guest toilets, wherever applicable Ø . Shower or bath tub with shower in master bathroom Ø . Electrical shaver point with mirror in master bathroom Ø . Vanity Units and mirrors Ø . Centrally air conditioned Ø . Double glazed windows Ø . E-vision and telephone connections Ø . Provision for High speed internet access Ø . Ceramic floor tiling Unit Furniture: Ø . Double bed with mattress in Studio & 1 Bedroom apartments Ø . 1 double bed & 2 single beds with mattresses in 2 Bedroom apartments Ø . 1 double bed in & 4 single beds with mattresses in 3 Bedroom apartments Ø . Clean sheets, pillows and bed covers in appropriate portions Ø . Curtains Ø . Bedside table with drawer Ø . Couch in 1,2 & 3 Bedroom apartments only. The following furniture in each living room Ø . Counter with bar stools in 1 bedroom apartments only. Ø . Dining table with chairs in 2 and 3 bedroom apartments only. Ø . Settee or arm chair Ø . Coffee table Ø . Television Ø . Glass and table ware Ø . Cooking utensils Prices: 1 BR 2,581,000 2,374,520 2 BR: 3,828,000 3,521,760 3 BR(bedrooms) 4,785,000 derhams 4,402,200 Additional Information: ·0% Tax, 100% Freehold, 0% Capital Gains Tax and World Class Life Style in Dubai. ·A launch package in a new project in Dubai now needs to include the RERA approval documentation, the title deed of the plot and details of the dedicated Escrow account to give reassurance to investors. In advance of the launch of sales, Damac properties has already completed all required formalities, including full payment for the plots. ·DAMAC Properties has already secured approval from RERA (Real Estate Regulatory Authority) and DTCM (Dubai Tourism and Commerce Marketing). RERA has received all bank Guarantees for infrastructure and construction. ·All funds received from the initial unit sales have gone into the Escrow account.
Posted on: Fri, 04 Apr 2014 08:28:42 +0000
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