Downtown Dubai Penthouse


No 1 Tower Vida Sky Collection Penthouse Downtown Dubai


City Dubai
Area Downtown Dubai
Development Vida Residence


Reference 2342
Type Penthouse
Availability Off-plan
OP 1
({premium} premium) 4%%%%
Bedrooms 5 bedrooms
Bathrooms 7 (6 ensuite)
Built up area 4,167 sq ft

About this property

Prestigious Vida Hotel Residences Downtown, very limited top floor duplex Penthouse available only through Luxhabitat. Considered one of the most elegant developments to come online in the iconic Downtown Dubai, this is a special offering with a minimal premium.

This large Sky Collection two-story penthouse features 6 bedrooms including the oversized master bedroom, with four key bedrooms having their own private balcony overlooking the gorgeous downtown Dubai. Set on Mohammed Bin Rashid Boulevard with a bridge connecting the Residences to the Vida Hotel on the opposite corner. The apartment comes fully furnished in turn key condition and is open to the hotel pool program on a demand basis.

An easy investment plan of only 10-15% per year breakdowns as follows:

1. 1st Instalment 30% 12 April 2014 5,453,006
2. 2nd Instalment 10% 20 Dec 2014 1,817,689
3. 20% Construction 10% 20 Dec 2015 1,817,689
4. 40% Construction 15% 20 Jul 2016 2,726,533
5. 60% Construction 10 20 Jan 2017 1,817,689
6. 80% Construction 15 20 Aug 2017 2,726,533
7. 100% Construction & Handover 10% 20 May 2018 1,817,689

Purchase Price of only 18,176,888 AED plus agreed premium of 4%

In a prime location on Mohammed Bin Rashid Boulevard and adjacent to VIDA Downtown Dubai hotel, VIDA Residence Downtown Sky Collection features luxurious, prestigious apartments on the upper levels of the 57-storey apartment tower.

VIDA Residence Downtown Sky Collection comprises 26 exclusive serviced apartments ranging from 3 BR to 5 BR, targeting affluent families and individuals in the region.

The tower is designed to take full advantage of the vibrant boulevard views, Burj Khalifa and The Dubai Fountain. The architectural expression is a vertical combination of stone and glass inspired by New York art deco architecture of the 20s, with a modern look and detailing that blends into the overall architectural master-plan theme of Downtown Dubai.

Winning the EXPO 2020 bid, in addition to a plethora of accolades, not only illustrates this city's exclusive attractions but also its goals towards making opportunities available to many. VIDA Residence Downtown Sky Collection will be a welcomed addition to the city's pool of serviced apartments and hotels.

Conveniently located in the heart of Downtown Dubai, VIDA Residence Downtown Dubai will be in close proximity to The Dubai Mall and a vast selection of five-star hotels. With hundreds of branded stores, from high fashion and the latest electronic gadgets to handcrafted, local products and gourmet restaurants to fast food outlets, there is always something new to explore in Downtown Dubai. And for those who want always more, Mohammed Bin Rashid Boulevard offers a place to stroll, as well as numerous restaurants and caf

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