Côte d'Azur Resort - Monaco
✓ Resale Available

Côte d'Azur Resort - Monaco

From AED 1.25M·Completed Jan 2024·40% down payment Payment
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AED 1.25M
Starting Price
Jan 2024
Handover
40% down payment
Payment Plan
Studio · Apartments
Type

Project Overview

Côte d'Azur Resort - Monaco is one of the four exquisite hotels of the Côte d'Azur resort complex from the renowned developer The Heart of Europe, located on the beachfront of Main Europe Island in Dubai. The architecture of the complex is characterised by an elegant design inspired by the architecture of Monaco. The exterior features exquisite facades, panoramic glazing, outdoor terraces and swimming pools. The complex blends seamlessly into the surrounding landscape, offering stunning sea and city views. The building consists of a ground floor and 4 residential levels, offering a variety of accommodation options including luxury studios and 1-bedroom apartments. The interior of the residences are finished with high quality materials and attention to detail. Residents and guests have access to numerous premium amenities: gym, yoga studio, spa area, swimming pools, the longest stretch of uninterrupted private beach with colourful sun loungers, adjustable floating decks, lively beach club with live music, available water activities such as yacht trips, shopping outlets, as well as dozens of authentic Mediterranean restaurants and cafes, beach bars, theatrical restaurant-bar Le Cabaret. The project is located in the heart of The World Islands, providing a secluded and exclusive atmosphere, just 15 minutes by water taxi from Jumeirah Harbour.

Project Specifications
DeveloperThe Heart of Europe
LocationThe World Islands
Unit TypesStudio, Apartments, Hotel apartments
AreaThe World Islands
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 53,938 / year
Cash-on-Cash
1.8%
Levered cashflow AED 12,688
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 81,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Côte d'Azur Resort - Monaco launch basis1,389AED 1.25MCurrent launch / asking basis
The World Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
The World Islands premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Côte d'Azur Resort - Monaco official render 1

Côte d'Azur Resort - Monaco official render 1

Côte d'Azur Resort - Monaco official render 2

Côte d'Azur Resort - Monaco official render 2

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Côte d'Azur Resort - Monaco official render 3

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Côte d'Azur Resort - Monaco official render 4

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Côte d'Azur Resort - Monaco official render 5

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Côte d'Azur Resort - Monaco official render 6

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Côte d'Azur Resort - Monaco official render 7

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Côte d'Azur Resort - Monaco official render 8

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Côte d'Azur Resort - Monaco official render 9

Côte d'Azur Resort - Monaco official render 10

Côte d'Azur Resort - Monaco official render 10

Astraterra Properties

Official Documents

Download official marketing materials from The Heart of Europe.

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Payment Structure

40% down payment

Flexible Payment

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Floor Plans

Côte d'Azur Resort - Monaco — 1 Bedroom Floor Plan

Amenities & Lifestyle

Central A/C
Dining outlets (coffee houses & restaurants)
Infinity pool
Leisure areas
Lobby
Private beach access
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Yoga studio

Location

The World Islands

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
The World IslandsThe World IslandsDubai, UAE

Developer Track Record

01

Côte d'Azur Resort - Monaco by The Heart of Europe

02

Located in The World Islands

03

Starting from AED 1,250,000

04

Unit mix includes Studio, Apartments, Hotel apartments

05

Expected handover: Jan 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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