Damac Maison Distinction Hotel
✓ Resale Available

Damac Maison Distinction Hotel

From AED 3.39M·Completed Feb 2016·Developer payment plan available Payment
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AED 3.39M
Starting Price
Feb 2016
Handover
Developer payment plan available
Payment Plan
3 BR · Hotel apartments
Type

Project Overview

Damac Maison Distinction Hotel is an upscale hotel apartment complex by DAMAC Properties, located in the prestigious Downtown Dubai area. The building includes a ground floor, five podium levels, a floor with an increased ceiling height, forty-five residential floors, a technical level and a roof. The exterior of the building is designed in a modern style, extensive glazing and clean architectural lines give the tower a visual lightness and excellent views of the city. The residential complex has layouts ranging from studios to apartments with 1-3 bedrooms. The interior is of high quality, using high-end materials, stylish plumbing and fully equipped kitchens, creating an atmosphere of exquisite comfort. The main amenities include a 24-hour concierge service, as well as relaxation areas, a state-of-the-art fitness center and a luxurious swimming pool where you can relax after a busy day. In addition, the complex provides a hotel cleaning service and access to exclusive restaurants and cafes. The hotel's location provides residents with quick access to iconic locations. The Burj Khalifa and The Dubai Mall are just 5 minutes away by car. The convenient exit to Sheikh Zayed Road guarantees easy connections to other key locations in Dubai. It takes about 20 minutes to get to Palm Jumeirah, and Dubai International Airport is just 16 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDowntown Dubai
Unit Types3 BR, Hotel apartments
AreaDowntown Dubai
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 146,235 / year
Cash-on-Cash
1.8%
Levered cashflow AED 34,398
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 220,285 / 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
Damac Maison Distinction Hotel launch basis3,766AED 3.39MCurrent launch / asking basis
Downtown Dubai ready-stock comps2,400AED 2.16MIndicative resale benchmark
Downtown Dubai premium peer launches2,900AED 2.61MNew-launch peer set
Trophy alternative proxy3,600AED 3.24MHigher-end anchor for negotiation context

Gallery

Damac Maison Distinction Hotel — View 2
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Damac Maison Distinction Hotel official render 1

Damac Maison Distinction Hotel official render 1

Damac Maison Distinction Hotel official render 2

Damac Maison Distinction Hotel official render 2

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Damac Maison Distinction Hotel official render 3

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Damac Maison Distinction Hotel official render 4

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Damac Maison Distinction Hotel official render 5

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Damac Maison Distinction Hotel official render 7

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Damac Maison Distinction Hotel official render 8

Damac Maison Distinction Hotel official render 9

Damac Maison Distinction Hotel official render 9

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Beauty Salon
Central A/C
Children’s pool
Concierge Service
Dining outlets (coffee houses & restaurants)
Driver Service
Housekeeping Services
Kids Club
Laundry
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Parking
Recreational areas
Resting Areas
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Sitting Area
Sleep Over Snug (Nursery)
Social zone
Valet parking

Location

Downtown Dubai

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Downtown DubaiDowntown DubaiDubai, UAE

Developer Track Record

01

Damac Maison Distinction Hotel by Damac Properties

02

Located in Downtown Dubai

03

Starting from AED 3,389,000

04

Unit mix includes 3 BR, Hotel apartments

05

Expected handover: Feb 2016

06

Official render/gallery images available

Available for Resale

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

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