AED 2,000,000

Own this from just

8,261 AED/month
1 Bedroom
1 Bathroom
647 sqft / 60 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Profitable Hands-Free Hotel Investment Deal

Invest in a luxurious hotel room managed by the renowned FIVE Hotel, a five-star resort in Palm Jumeirah. Enjoy a hands-free investment with payouts based on a revenue-share model, where your returns grow with the size of your unit. All expenses are covered by the hotel, and payouts are net of fees.

As a bonus, owners receive the option to stay at the hotel for 2 weeks each year at a reduced price, along with exclusive discounts at the resort’s restaurants and amenities.


The world’s largest and grandiose man-made island in the immaculate waters of the Arabian Gulf, Palm Jumeirah is a true resort-style community described as not just a place to be, but rather an experience. Elicits exceptional luxury that features themed hotels, villas, apartment buildings, beaches, marinas, restaurants, and a variety of retail outlets.

Engel & Voelkers has over 45 years of invaluable local and international market experience.



Our global network spreads across 4 continents with 1,000+ offices and 16,500 agents. Whether youre in the market to rent, buy, or sell your property, Engel & Völkers is a perfect choice to achieve your real estate goals.



Our team in Dubai consists of over 200 trusted agents, each specializing in premium residential and commercial properties, serving as experts in their respective areas.

Contact Engel & Voelkers today for further details.

Property details

Property Type

Apartment

Property Size

647 sqft / 60 sqm

Bedrooms

1

Bathrooms

1


Amenities

Central A/C

Balcony

Private Garden

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

Shared Gym


Project information

Developer

Five Holdings

Property types

Apartment

Delivery Date

Q4 2023

project imageproject imageproject image
Completed

Five Palm Jumeirah


Location

Map preview
FIVE Palm Jumeirah
Residential Insights

Price Range:

1.6M-45M AED
Palm Jumeirah
Community Insights
4.1/5150 building reviews

Luxury | Mostly apartments

Price Range:

725K-600M AED

Price Insights

Transactions for Similar Properties

1 Bed Apartment in FIVE Palm Jumeirah

Sold for

DateAEDArea (sqft)
17 Sep 20242,891,3261,249
16 Sep 20242,914,4561,247
20 Aug 20244,100,0001,225
9 Jul 20243,300,0001,070
8 Jul 20242,150,000779

Rented for

DateAED/yearArea (sqft)
19 Sep 2024400,0001,215
1 Aug 2024375,0002,187
1 May 2024250,0001,225
8 Apr 2024250,0001,215
15 Mar 2024220,0001,215
See all transactions in this location

Powered byDataGuru

This property costs 34% less than the average price of 1 bedroom in Palm Jumeirah

Average Sale Price is 3,046,351 AED

This property is 44% smaller than the average size of 1 bedroom in Palm Jumeirah

Average size is 1,161 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Palm Jumeirah

Provided by

ENGEL & VÖLKERS Dubai - S1

Exclusively on Property Finder

See all properties (136)

Response time

within 5 minutes

Languages

English

See agent properties (5)

Get the right mortgage for you

300,000 AED35,000,000 AED
20%
400,000 AED1,600,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

8,261 AED

with interest rate of

3.79%

Get a mortgage quote

Powered by


Regulatory information
Regulatory information

Reference

RL0034660

Listed

2 days ago

Broker ORN

16081

Zone name

Palm Jumeirah

DLD Permit Number:

7117819598

DLD Permit Number

Carlos Andres Guitian Gonzalez

usually responds within 5 minutes

ENGEL & VÖLKERS Dubai - S1

Exclusively on Property Finder

Own this property from just

8,261 AED /month

Fixed rates from: 3.79%

Get pre-approved

In partnership with