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| Advertisement Title: |
THE COVE RAS AL KHAIMAH DUBAI 134 EXCLUSIVE RESIDENCES, ONE, TWO AND THREE BEDROOM VILLAS |
| Advertisment Description: |
What is The Cove?
The Cove extends across 50 beautiful acres and features 134 exclusive residences, one, two and three bedroom villas perched on small lagoon islands or on the hill overlooking the lagoon, and each with access to the private beach. Each property also features its own sun terrace and all 2 and 3-bed hill villas have their own private plunge pool.
The Cove itself is a five star hotel beach resort with sumptuous furnishings, top class luxurious facilities and of course an international five star hotel management company.
The Cove also represents the perfect blend of dream holiday home and dream investment opportunity, with the inclusion of 7% guaranteed return for three years. During this period your villa can be enjoyed on an annual basis as a holiday home by you or and your family for up to four weeks. After the first three years, you will have the option of renewing the leasing contract, selling the property or of course having the villa as your own exclusive personal luxury holiday home.
Where is The Cove?
The Cove sits on an idyllic water inlet on the Ras Al Khaimah beach front, just south of Ras Al Khaimah town centre. Ras Al Khaimah is situated north of Dubai roughly a 40 minutes from Dubai’s International Airport on the new Emirates Road, and is tipped to become the number one getaway in years to come.
The Cove resort itself is in close proximity to all modern day necessities such as golf courses, shopping malls, supermarkets, international schools and hospitals.
The Heritage Enriched Emirate
Ras Al Khaimah, located at the UAE's west coast, is the country's northern most Emirate and arguably the most scenic. The Emirate boasts of a varied landscape ranging from fertile plains, mountains and desert regions. The 64 Kms length of virtually untouched coastline of the Arabian Gulf is a tourist’s delight.
The Emirate also has an International Airport which is located about 18 Kms from the city center. Well connected to the other emirates by modern highways, RAK has an efficient infrastructure which supports the growth of trade and business and is currently poised to become one of the most dynamic economies amongst the emirates of the UAE.
What are the Resort facilities?
· In resort five star Hotel with retail areas, café, bar and restaurants
· Lobby Bar and Terrace
· Pool Bar / Snacks (outdoor)
· Three restaurants with terraces; main, beach and speciality
· Beach Restaurants (lagoon)
· Meeting Room and fully prepared Business Centre
· Health Club
· Children’s Playground
· Beach Area and Water Sports
· An 18-hole golf lynx and 150 berth marina are a 5 minute drive away.
What are the Villas’ features?
· Luxuriously spacious one, two and three bedroom villas on both the islands and on the hill
· Exclusive private beach access
· Spectacular views around the lagoon
· Private Infinity Plunge Pool with each two and three bedroom villas
· Courtyard balconies for outdoor dining
· Floor to ceiling glazing in living rooms
· Modern fitted kitchens
· Luxury ensuite bathrooms
· Separate walk in showers
· Guest cloakrooms
· Separate storage
· Maid’s Quarters/Garage available to 3 bedrooms
· One car park per apartment (with a further 11 garage spaces available for purchasers at an additional cost)
What are the finishes and what will be included?
All Villas come fully furnished to the highest standard and incorporate a timeless design.
· Fully furnished
· Contemporary tile/stone floor and wall finishes
· Modern interior design quality kitchens
· Contemporary interior design bathrooms and cloakrooms.
· Built in wardrobes
What are the Building Features?
· Modern glazed façade
· District cooling
· High quality electrical and mechanical services
· On site security and security systems
· High technology TV and data systems
· Safety systems including sprinklers and zoned alarm systems
· Modern, interior designed high quality circulation areas
· Prestigious entrance and reception area
What is the Payment Schedule?
· Initial deposit 10% of purchase price Payable on signing of the purchase agreement.
· 15% of purchase price is payable 3 months after signing the purchase agreement
· 10% of the purchase price is payable 6 months after signing the purchase agreement
· 10% of the purchase price is payable 9 months after signing the purchase agreement
· 10% of purchase price is payable 12 months after signing the purchase agreement
· 10% of purchase price is payable 15 months after signing the purchase agreement
· 10% of purchase price is payable 18 months after signing the purchase agreement
· 10% of purchase price is payable 21 months after signing the purchase agreement
· 15% of purchase is payable on completion of The Cove.
A non-refundable reservation deposit of AED 10,000 (£1,500) will keep this villa off the market for a period of 48 hours after which it will become available again, therefore we recommend the 10% deposit is paid at once to secure your property.
When will the building be completed?
Building will commence in April 2005, with completion of the development estimated to be in Summer 2007.
What are the service charges?
Maintenance fees are 12 dhs (£1.50) per square foot per annum however they are paid by the developer on your behalf during the guaranteed rental agreement. You will be required to pay this maintenance fee pro rata during the 4 weeks of your use.
Is visitor parking available?
Visitor parking is available on the plateau level of the development giving easy access for guests to designated areas by golf carts.
Can I sell my property to a third party?
The property is fully transferable to a third party given that the 3rd payment has been made. The seller only requests the right of first refusal. There is also a point five (0.5%) administration fee for transfer of ownership.
Who are the Developers of The Cove?
An immense presence in the Middle East, Orascom is the largest land development company in Egypt and the name behind the much-applauded El Gouna, Tala Bay and Taba Heights projects. Orascom Hotel Developments is also one of the key private players in the tourism sector and the largest single hotel owner in Egypt.
The business house is also a respected name in the tourism, development, construction and telecommunications industry. More importantly, Orascom is a company that is admired by both the corporate world and society for its sound business acumen, ethics and social responsibility. With over 20,000 employees and five major companies leading the markets of telecommunications, construction, development and tourism, Orascom is one of largest and most successful conglomerates in Egypt. For examples of previous developments, please visit www.elgouna.com or www.tabaheights.com .
Who is managing the Development?
The development will be managed by a five star hotel chain, of which several have been short-listed.
Who are the Design Architects and Engineers?
Rami Al Dahan & Soheir Farid Architects, an Egyptian based company, have designed several projects in El Gouna. They are also partners with Dimension a Dubai based company. Dimensions have extensive knowledge of the quality and high standards required in the Emirates.
Who will build The Cove?
Orascom are the contractors and will extend to all required speciality sub-contractors as part of the international quality assurance and quality control standards to be applied to this development.
I would like to purchase in The Cove. What do I do now?
With a small number of villas available and demand extremely high, please contact Property Frontiers as soon as possible on:
++ 44 (0)1865 242224
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| Type of premise: |
Residential |
| Type of building: |
Flats/Apartments |
| Price: |
0 |
| City: |
Ras Al Khaimah |
| State: |
Dubai |
| Phone: |
++ 44 (0)1865 242224 |
| Submitted On: |
2006-09-03 |
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Contact : 9891870097
TOP BRICKS REALTORS Pvt. Ltd.
for:
GREATER NOIDA / NOIDA / GHAZIABAD |
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