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Studio In Marquise Square

Business Bay | 1 Bedroom | 1 Bathroom | 515 sq.ft

Reasons to invest in the project:
ae
Dubai, United Arab Emirates

A mature real estate market with a high return on investment

Rented

Currently occupied and professionally managed by our team

1 year rental guarantee

Stakeacres guarantees you at least 1 year of rental income on this property

Current rent is AED 8,403.00 per weekly

Distributed weekly among all investors after standard charges and fees

  • Check Lofts in an attractive area - in the center of Business Bay
  • Check Fixed, attractive annual rental income
  • Check The fixed interest is indexed to inflation
  • Check Variable capital gains

Project Description

Stake Is Offering An Opportunity To Invest In A Stunning Studio Apartment In Marquise Square, A Distinguished Residential Tower In Business Bay. Marquise Square, With Its Distinguished Architecture And Premium Finishes, Is Centrally Located In The Downtown Dubai Area, Making It A Sought-after Location For People Visiting Dubai For Holiday Or Business.

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Amenities:
  • 1 Bedrooms
  • 1 Bathrooms
  • 515 sqft
  • Year Built 20
  • 1 Car Parking
  • 1 Living Rooms
  • PoolSwimming pool
  • PoolGym
  • PoolSmart lock
  • PoolMicrowave
  • High-speed internet
  • PoolWasher
  • PoolBalcony
  • Dishwasher
Financial terms of the investment:
Maximum Loan

Maximum loan term

36 Months
Charge

Security

1st charge Mortgage
Annual

Weekly Return

23%
The capital growth distribution:
Maximum Loan

Investors

40% - 60%
Charge

Project

45%
Annual

Stakeacres

Up to 15%
Agent Have more questions about this property?

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Frequently asked questions
Fund

When you invest in a property on Stakeacres, you are directly buying ownership in the Series of the Stakeacres that owns a specific property and are eligible to receive potential quarterly payouts derived from booking income as well as potential property value appreciation.

Fund

No. As part of our commitment to being fully transparent with our investor base, all properties offered on the platform will include a full 3D walkthrough, high resolution photos and inspection reports. However as we generally look to offer properties that are already tenanted, visiting those units can be difficult and impractical, especially with many investors in each property. It is therefore not operationally feasible to arrange visits to all properties.

Fund

Any payouts will be deposited directly to your Stakeacres account. If the property generates sufficient funds to make distributions, you will receive your pro-rata distribution weekly and monthly within 24 to 72 hours. You can view the expected first payout date for each Stakeacres property on the property's Offering page.

Location:

Business Bay, Dubai , UAE

Business Bay is a 4.3 km² master development envisioned by HH Sheikh Mohammed Al Maktoum, the ruler of Dubai, as the region’s business capital. The Central Business District, adjacent to Downtown, is made up of commercial high rises housing countless multinational and local companies, as well as premium and mid-range apartment buildings and hotels. Marquise Square, where the apartment is located, is a 29 story high-rise, with striking contemporary architecture and interior fit-out. The tower has a swimming pool, a lap pool, a state of the art gym, a supermarket, and a hair salon. The project was developed by SRG, a well established real-estate development company within Dubai, and completed in 2019. The building is run by Seven Tides to the highest standards of facilities management, ensuring Marquise maintains its high stature. Marquise Square has a strong leasing target which is reflected in the average occupancy holding at 88%, above the area average of 80%

Closed Date

22, December, 2022

36 Investors | AED 504,402.30


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