Under construction Apartments For Sale in Dubai
Overview
Developed by Emaar Properties, Rove Hotel is located in City Walk. It is designed as a cosmopolitan cultural haven for the residents and modern travellers. Rove City Walk Hotel stands with its name which refers to transverse or to wander.
This off – plan development will be one of the best projects that Dubai real estate has to offer. This development offers spacious, simple and perfect lifestyle featuring hospitality experiences in the contemporary flexible environment for the residents and the visitors.
Highlights
- Introduced by Emaar Properties
- New Hotel Room Investment in City Walk, Jumeirah
- Spacious apartments
- 5 Operating hotels
- 7 Hotels under development
- Elegant design
- World- class amenities
- Handover Q4 2021
Clients Benefits
- Benefit from 40% Revenue Share
- Returns of expected 8%
- A Free 2-week annual Stay
- 50% discount on room booking & F&B across Rove Hotel
INVEST IN DUBAI’S THRIVING TOURISM SECTOR
- IN TOP 10 MOST VISITED CITIES in the World in 2018
- 1ST MOST VISITED CITY in the World by 2025
- 10.44MN Int’l Guests Jan – Aug 2018
- 25MN Expected Visitors to Expo 2020 Dubai
- 20MN Expected Annual Visitors by 2020
- USD 537 P/DAY Avg. Tourist Spend
TOP VISITOR NATIONALITIES
- India, Saudi Arabia, UK, China, Oman, Russia
Location
Conveniently located at Jumeirah within City Walk, Rove Hotel offers total harmony with an excellent guest experience for stylish living. City Walk is an exclusive, luxurious community offering residential properties, wellness centres with high- end retail and dining options.
City Walk is situated in the centre of Jumeirah and is just minutes away from the iconic Burj Khalifa and Dubai Mall Metro Station which offers an easy way to connect to the Sheikh Zayed Road through Interchange 1.
City Walk Dubai is the most popular and vibrant destination for the residents. City Walk Dubai apartments are intended to provide supreme convenience for the visitors.
Nearby Places
- Burj Khalifa
- Dubai Mall
- Downtown Dubai
- La Mer in Jumeirah
- Dubai Opera
- Dubai International Airport
Return On Investment Expected Report
| Year | 2022 | 2023 | 2024 | 2025 | 2026 |
| Average Daily Rate[AED Per Night] | 403 | 432 | 445 | 458 | 472 |
| Occupancy | 74% | 84% | 84% | 84% | 84% |
| Revenue Per Annum Per Room | 109,033 | 132,572 | 136,923 | 140,646 | 144,865 |
| 40% Room Revenue Share | 43,613 | 53,029 | 54,769 | 56,258 | 57,946 |
| Estimated Yeild % | 5.9% | 7.2% | 7.5% | 7.7% | 7.9% |
| Liftstyle benefits | 5,640 | 6,043 | 6,224 | 6,411 | 6,603 |
| Return of Investment | 6.7% | 8.0% | 8.3% | 8.5% | 8.8% |
Rove City Walk Payment Plan
| installment | Payment | Justification |
|---|---|---|
| 1 | 5% | On booking |
| 2 | 5% | 2019 - 1 -9 |
| 3 | 5% | 2019 - 5 -9 |
| 4 | 5% | 2019 - 10 -9 |
| 5 | 5% | 2020 - 3 -9 |
| 6 | 5% | 2020 - 8 -9 |
| 7 | 5% | 2021 - 1 -9 |
| 8 | 5% | 2021 - 6 -9 |
| 9 | 60% | On Completion 2021 - 9 - 30 |
