
Elite 5 Sports Residence is located within Dubai Sports City, close to the Circle around the Lake offering direct canal views, and is very close to the Cricket Stadium and very close to the entrance of the City towards the Emirates Rd. Locations within the City do not come much better than this.
Elite 5 Sports Residence is already a great success due to great location, competitive pricing while still maintaining quality. Currently apartments in and around the waterfront are retailing at AED 1100 plus / sq ft. This PRE LAUNCH is priced 10-20% below similar developments within the same location.
According to Independent reports Dubai Sports City is expected to have a minimum occupancy short term rental rate of 76% due to the fact the master developer of Dubai Sports City has limited the number of Hotels to only two within the City, average rental returns are expected at 15%-20% per annum.
With more capital being invested in real estate than any region anywhere in the World, Dubai is a property market that few investors can afford to ignore. Unprecedented demand, strong rental returns and advanced infrastructure make Dubai a highly desirable investment destination. However, due to the enormous diversity of investment options available in Dubai, choosing an investment can be difficult. The most important factors is to know exactly who the target market is, ensure the product is unique, know the investment is safe and be certain the investment is of the right quality at the right price. Elite 5 fits those criteria, a sophisticated living residence in the heart of Dubai Sports City.
This development is one of Dubai's most innovative design structures with stunning views over the central lake and spectacular urban skyline. Designed and developed by acclaimed architects and finished to the highest standards, the resort will appeal to a wide range of Elite clientele including various high profile sports personalities and VIPs.
Dubai Sports City is the first of its kind purpose built sports city in the world, with four stadiums, and a purpose built golf course."The Els Club" at Dubai Sports City was launched in January 2008. The course was opened by the creator and golfer himself, Ernie Els, ranked 5th in the world and the former Open and US Open champion. "The Els Club" is the first completed venue at Dubai Sports City and also the first The Els Club in the world. Ernie Els has been involved in the design of golf courses in Africa, Asia and North America but now a brand has been created which will hallmark the extra facilities and involvement created by Ernie and his team. This will only be stamped on a select number of the developments. As this is the first "The Els Club" development, Ernie Els will be showing his commitment by having a home on the complex and where he will conduct his international business. "The Dunes", as the course is called, will be the epicenter of the residential golf community called Victory Heights. Due to the inevitability of such high profile residents, international schools and medical facilities are to be created alongside hotels and a shopping destination which will be a sports-themed retail mall with a leasing capacity of approximately 1.2 million square feet.
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