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APARTMENT FOR SALE IN GRAND CENTRAL HOTEL, BARSHA HEIGHTS (TECOM)

Property details

Property Type

Apartment

Property Size

547 sqft / 51 sqm

Bedrooms

1

Bathrooms

1


Amenities

Shared Pool

Covered Parking

Built in Wardrobes

Children's Play Area


Grand Heights Hotel Apartments presents an excellent investment opportunity in the vibrant Barsha Heights (formerly Tecom). This 4-star hotel offers easy access to Dubai’s famous attractions, making it ideal for both short and long stays.

- 547.88 sq ft + 1 parking
- Selling price 1,100,000 AED
- Fully furnished 1 bedroom apartment: dining area, comfortable seating area, fully equipped kitchen, flat-screen TV, washing machine, stovetop, refrigerator, microwave, kitchenware and an oven, en-suite bathroom
- Modern facilities: roof top swimming pool, steam room, wellness, fitness center, and onsite restaurants, access to the hotel's luxury beach-club on Palm Jumeirah via transfer

Prime location:
- 5 min walk to metro and bus networks
- Easy access to 3 of the city’s major roads
- Mall of the Emirates – 5 km
- Dubai Marina and JBR (walk and beach) – 6.5 km
- Palm Jumeirah – 6.5 km
- Dubai Mall – 17 km
- Nearby Amenities: Famous cafes, supermarkets, and shopping centers in close proximity.

Investment Highlights:
- High ROI driven by strong and growing tourism in the location, average rate per night 700 AED and excellent reviews for the hotel on booking.com
- Hassle-free management scheme that allows owners to benefit from pooled income without direct management responsibilities
- Pro-rata income sharing, guaranteeing revenue even if individual rooms remain unoccupied
- No Service charges for landlords
- Personal use: Owners enjoy 15 days per annum for personal stays regardless of the season, with advance notice
- Limited number of hotel apartments (only 184) in the building

Regulatory information
Regulatory information

Reference

AP17753/S