IMEX Real Estate is happy to present our customers a brand new hospitality product, based upon our cooperation with AL SALAM GRAND HOTEL APARTMENTS.

Cozy and comfy, rooms at AL SALAM GRAND HOTEL will give you an exceptional variety of options for a long and short rent of serviced apartments with maintenance and concierge services.

Located in the very center of Dubai on Sheikh Zayed Road, Al Salam Grand Hotel Apartments are just minutes from Dubai Media City and Dubai Internet City. This 4-star property features 225 spacious studios and apartments for business and leisure visitors, families and extended stays.

The property cleverly combines all the comforts home living with hotel services including an infinity pool, fully equipped gymnasium and spa with treatment rooms, three dining options and meeting and event facilities.

Here are some of the schemes you can use as a tenant in these exclusive properties:

LONG STAY RATES

RATE TERMS

Above rates are valid from 20th February till 30st December 2019.

Rates and supplements are quoted in AED, inclusive of 10% service charge and 7% municipality tax and subject to 5% VAT and Tourism Dirham .

Applicable Tourism Dirham (i.e. AED 20 for Studio & 1-bedroom apartment, AED 40 for 2-bedroom apartment per day) capped at a maximum of 30 nights.

All rates are quoted per month, annual rates are quoted for a 12-month contracted stay.

Apartment allocation will be subject to the available units at the time of check in.

To guarantee a high floor or sea view, the following supplement shall apply.

• A High floor supplement of AED 1,000 per month for apartments on floors 16 — 21 .
• A Seaview supplement of AED 1,000 per month for apartments on floors 7 — 21 with a sea-view.

Rates are applicable per units irrespective of number of occupants provided that they do not exceed the maximum occupancy per apartment.

Apartment maximum capacity using existing beds is as follows:

• Studio 2 persons + 1 infant up to age of 2 years
• 1 Bedroom: 2 persons + 1 child up to age of 12 years
• 2 Bedroom: 4 persons+ 2 Infants up to age of 2 years

PAYMENT TERMS

For all stays of 3 months and above, a lease agreement shall be communicated post receipt of initial approval defining all terms and conditions.

Monthly rates are based on monthly advanced payments whilst annual rates are based on a 4-cheque advanced payment.

COMMISSION TERMS

Applicable commission structure is as follows:

Annual Rent: 5% from total rent value (on room rate only excluding applicable tax, service charge and VAT).

Stays between 1-11 month: AED500 for Studio & One-Bedroom Apartment and AED750 for the Two-Bedroom Apartment.

A Lease agreement per unit is to be signed by the guest directly once the booking is confirmed.

Commission payment shall be made upon receipt of payments from the guest and will follow their lease agreement payment terms.

Above stated commission scheme is applicable for Single units.

For group bookings of multiple units, a different incentive & commission structure shall apply, extended on case to case basis depending on number of units requested and length of stay.

SERVICES AND BENEFITS

Our long staying guests avail of the following services to complement their stay:

• Housekeeping services twice a week
• Maintenance Services both periodic or when required
• Parking Space within the hotel's covered parking premises, pre-allocated for annual lease agreement and subject to availability for other length of stays
• Multi-channel satellite TV
• Complimentary Wi-Fi
• Electricity and water consumption included 24h
• Concierge and security services 20% on international calls