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3,000,000 AED

1

2

1,226 sqft

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AED 3,000,000

Own this from just

12,339 AED/month
1 Bedroom
2 Bathrooms
1,226 sqft / 114 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

7.5% NET ROI |SEA VIEW | SECURE INVESTMENT

225.857AED GENERATED IN 2023 = 7.28% NET ROI

- Monthly income with good ROI net: no services charges, no maintenance, no monthly bills
- Genuine resale
- 1-Bedroom Hotel Apartment
- Investment Only
- Hassle-free investment
- Amazing Sea View
- High Floor
- Freehold

Owner benefits:

- Owner occupancy allowance: 14 days/year
- Hassle-free hotel investment with good returns paid monthly every 25th of the month
- 20% discount for dining & spa services with a FIVE membership card.

This unit offers the best view and layout in the project, ensuring a high occupancy rate year-round. In 2023, it generated an impressive income of 225,857 AED, yielding a 7.28% Net ROI

Key Features:

- Panoramic Sea Views: Enjoy breath taking vistas from your high-floor apartment.
- Elevated Living: Experience serene and luxurious surroundings.
- Seamless Management: Hassle-free investment with professional management by FIVE Palm Jumeirah.
- Consistent Rental Income: Benefit from high occupancy rates.
- Strong ROI: Prime location and top-notch amenities ensure excellent returns.

Property details

Property Type

Apartment

Property Size

1,226 sqft / 114 sqm

Bedrooms

1

Bathrooms

2

Amenities

Balcony

Security

Concierge

Covered Parking

Built in Wardrobes

View of Landmark

Shared Gym

Project information

project imageproject imageproject image

Completed

Five Palm Jumeirah

2 and 3 bedrooms

Developed by:

Five Holdings

Delivery Date:

Q4 2023

Down payment:

70%

Property types:

Apartment

View all project details

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:

649K-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)
2 Nov 2024360,0001,077
19 Sep 2024400,0001,215
1 Aug 2024375,0002,187
1 May 2024250,0001,225
8 Apr 2024250,0001,215
See all transactions in this location

Powered byDataGuru

This property costs 4% less than the average price of 1 bedroom in Palm Jumeirah

Average Sale Price is 3,116,342 AED

This property is 6% bigger than the average size of 1 bedroom in Palm Jumeirah

Average size is 1,158 sqft

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

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Ashley Orbell

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Response time

within 5 minutes

Experience

2 years

Closed Deals

2

Languages

English

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Monthly payment

12,339 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

GTA-2693

Listed

2 months ago

Broker License

41072

Zone name

Palm Jumeirah

DLD Permit Number:

7117819624

Agent License

76647

DLD Permit Number

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12,339 AED /month

Fixed rates from: 3.75%

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