elite 10 - investment proposal

18
(DUBAI SPORTS CITY ) INVESTMENT PROPOSAL STRICTLY CONFIDENTIAL

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Page 1: ELITE 10 - INVESTMENT PROPOSAL

(DUBAI SPORTS CITY ) INVESTMENT PROPOSAL STRICTLY CONFIDENTIAL

Page 2: ELITE 10 - INVESTMENT PROPOSAL

INVESTING IN DUBAI SPORTS CITY • Freehold

• Huge investment from developers/investors/locals

• Affordable rent for middle managers/ professionals/expats

• ROI: 8%-10%

• Capital Appreciation 30%-40%

• Motorcity: 2 minutes drive to British nursery & higher schools.

• Strong transportation links

• 10mins to Sheikh Zayed Road

• 15mins to Marina

• 10mins to DWC Airport

• Dubai Metro to be connected within 15 Months

4 BILLION DIRHAM MALL APPROVED IN DUBAI SPORTS CITY

Page 3: ELITE 10 - INVESTMENT PROPOSAL

TRIPLANET INTERNATIONAL

Most reputable developer in Dubai Sports City

Page 4: ELITE 10 - INVESTMENT PROPOSAL

HISTORY

• Triplanet has been a developer in the UAE for close to a decade, they pride themselves on delivering 7 completed towers with over 2000 apartments. Selling AED 3 Billion worth of elite stock since inception.

• Triplanet has become recognized as one of the few private developers in the UAE that survived the global economic crisis and came through it delivering every project they promised to their clients and investors.

• The leading principle for Triplanet has to been to offer the clients more than what they expect for their money, whilst maintaining a competitive pricing for all. There is no compromise on quality and each and every unit is handed over fully furnished and ready to live in.

• With the ever increasing population of Dubai, Triplanet understands the speed to bring ready homes to market, and have close to 1000 new homes in the pipeline ready to deliver before the middle of 2017, a great achievement for an independent private developer.

Page 5: ELITE 10 - INVESTMENT PROPOSAL
Page 6: ELITE 10 - INVESTMENT PROPOSAL

PROJECT DESCRIPTION – ELITE 10

• G+15 building

• 3 Car Parking Floors

• L-shaped building

• 50 apartments per floor

• 80% Golf Course views

• Studio prices starting from AED 484,000; 575 SQ FT/ AED 842 PPSF

• 1 BR prices starting from AED 772,000; 1000 SQ FT/ AED 772 PPSF

• 2 BR prices starting from AED 1,165,000; 500 SQ FT/ AED 777 PPSF

• 3 BR prices starting from AED 1,555,000; 1900 SQ FT/ AED 818 PPSF

• Fully furnished units

Page 7: ELITE 10 - INVESTMENT PROPOSAL

PAYMENT PLAN – CONSTRUCTION LINKED

30% On Booking Now

10% Completion of Foundation work April/May 2015

10% Completion of 2nd level slab structure above ground July 2015

10% Completion of 8th level slab structure above ground December 2015

15% Completion of full super structure June 2016

15% Completion of 80% total construction as per project

engineering consultant report

December 2016

10% On Building Completion June 2017

* 4% Oqood (title deed) registration with Dubai Land Department can be deferred for 12 months

Page 8: ELITE 10 - INVESTMENT PROPOSAL

CURRENT PRICING – DUBAI SPORTS CITY: 2014

Rentals

Studio AED 55,000 – AED 60,000

1BR AED 75,000 – AED 80,000

2BR AED 90,000 – AED 110,000

3BR AED 130,000 +

Sales

Studio AED 630,000 – AED 650,000

1BR AED 920,000 – AED 950,000

2BR AED 1,300,000 – AED 1,450,000

3BR AED 1,700,000+

Service Charge (fixed)

Studio AED 5,000

1BR AED 7,000

2BR AED 9,000

3BR AED 11,000

RETURN ON INVESTMENT (ROI) - NET

Studio 8%- 9%

1BR 7%- 8%

2BR 7%- 8%

3BR 7%- 8%

Page 9: ELITE 10 - INVESTMENT PROPOSAL

FLOOR PLAN – STUDIO (500 SQ FT -575 SQ FT)

Page 10: ELITE 10 - INVESTMENT PROPOSAL

FLOOR PLAN – 1BR (950 SQ FT - 1000 SQ FT)

Page 11: ELITE 10 - INVESTMENT PROPOSAL

FLOOR PLAN – 2BR (1450 SQ FT - 1600 SQ FT)

Page 12: ELITE 10 - INVESTMENT PROPOSAL

FLOOR PLAN – 3BR (1850 SQ FT - 1900 SQ FT)

Page 13: ELITE 10 - INVESTMENT PROPOSAL
Page 14: ELITE 10 - INVESTMENT PROPOSAL
Page 15: ELITE 10 - INVESTMENT PROPOSAL

2014 Sales: Residential Transactions

Month Transactions Value (AED)

January 2309 3,328,340,744.79

February 2133 3,404,487,605.19

March 2493 4,179,828,376.76

April 2248 3,496,635,589.14

May 1830 2,858,113,268.58

June 2117 3,398,628,979.2

July 1579 2,333,569,509.47

August 1419 2,028,834,117.75

September 1502 2,338,057,136.79

October 1343 1,960,896,539.29

November 1892 2,620,977,768.8

December 1530 2,333,316,055.69

www.dubailand.gov.ae/

Page 16: ELITE 10 - INVESTMENT PROPOSAL

• Delivery of new units per year = 20,000

• Over the next 6 years = 120,000 (Supply)

• Population increase = minimum 1 Million by 2020

• Net shortage of supply by >300,000 units

• Demand for units will be greater than supply therefore causingcapital appreciation and rental increases.

• The Dubai economy is expected to sustain its growthmomentum. According to the Department of Economic

Development, the GDP of Dubai will grow 4.7% in 2014.

• Tourism, trade, transportation and real estate are all witnessingstrong performance and will continue to be the main drivers ofthe economy.

• The business outlook for Dubai continues to improve, with

higher expectations of future business conditions, sales volumesand profit. Activity in the real estate investment market remainsbullish with the Dubai Land department revealing that realestate transaction increasing AED 154 Billion in 2013 to AED 236Billion in 2014.

Supply & Demand Economics

Page 17: ELITE 10 - INVESTMENT PROPOSAL

THE ONLY CITY WITHIN A CITY DEDICATED TO SPORTS

• The Sports Village at Dubai Sports City offers a range of activities from rugby union to

American football, athletics, tennis, basketball and Australian football.

• The ICC Academy boasts two full-sized floodlit ovals and 30 outdoor net pitches, with the

ovals and nets offering a variety of playing surfaces.

• The Els Club golf course, designed by the legendary Ernie Els, has hosted some of the world’s

best golfers.

Page 18: ELITE 10 - INVESTMENT PROPOSAL

Qaiser Ijaz Tiwana | Senior Property Consultant Elite City Real Estate

The H Office Tower | One Sheikh Zayed Road | Level 29 | Office 01

Tel: + 971 4 403 5615Mob: +971 50 4579232www.elite10.ae/sk