Emaar Properties intends to launch a new holiday management sector under the name of Ease Vacation Rentals during the launch of sales of a fully furnished apartment complex within the Beachfront project between Palm Island and Dubai Marina. Guarantees daily returns to the buyers of the housing unit with a total annual return of 11%.
The source said in a statement to "Emirates Today", the process of launching sales and service ((Ease) will take place during a ceremony held by the company tomorrow, pointing out that Emaar will manage residential units through the daily leasing system to ensure attractive annual returns to the owner of the housing unit during the year The distribution of proceeds is based on the owner of the housing unit and Emaar or EZ by 20% for Emaar and 80% for the owner of the housing unit. Emaar has adopted an easy payment method for those who want to own the project, where the advance payment is only 5%.
Prices range from AED 1,600,000 per room and lounge and AED 1,900,000 for the two rooms. The three rooms start from AED 4 million, and all residential units have a beach view.
Emaar's Beachfront project, which includes more than 20 residential towers and a luxury hotel, is one of the most important projects under construction.
The new project is located in Dubai Marina, Dubai Marina, as part of Meraas' mega development in the region along King Salman Bin Abdulaziz Al Saud Street, on the waterfront between Jumeirah Beach Residence and Palm Jumeirah. .
Spread over an area of approximately 10 million square feet, Beachfront includes many modern facilities.
The project also includes a group of 27 towers surrounded by sandy beaches overlooking the waters of the Arabian Gulf.
It is noteworthy that «Emaar Properties» development of the first tower of this residential project, the tower «Emaar Vista 1», which is expected to be delivered by August of the year.