AED 1,100,000
Own this from just
4,524 AED/month1 Bedroom
1 Bathroom
547 sqft / 51 sqm
APARTMENT FOR SALE IN GRAND CENTRAL HOTEL, BARSHA HEIGHTS (TECOM)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
1 Bedroom Hotel Apartment | High ROI || High floor
- 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
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
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Grand Central Hotel
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 12 Mar 2025 | 999,000 | 548 |
| 10 Mar 2025 | 995,216 | 548 |
| 5 Feb 2025 | 1,100,400 | 682 |
| 5 Nov 2024 | 975,000 | 548 |
| 15 Oct 2024 | 928,800 | 548 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 2 Oct 2018 | 36,000 | 682 |
| 2 Oct 2018 | 36,000 | 682 |
Powered byDataGuru
This property costs 8% more than the average price of 1 bedroom in Barsha Heights (Tecom)
Average Sale Price is 1,020,986 AED
This property is 24% smaller than the average size of 1 bedroom in Barsha Heights (Tecom)
Average size is 715 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Barsha Heights (Tecom)
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Christie’s International Real Estate Dubai
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Monthly payment
4,524 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
AP17753.S
Listed
1 month ago
Broker License
11814
Zone name
Al Thanyah First
DLD Permit Number:
7176825010
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