AED 3,100,000
Own this from just
12,750 AED/month7.28% NET ROI |SEA VIEW | SECURE INVESTMENT
- 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
Central A/C
Balcony
Shared Pool
Shared Spa
Security
Concierge
Covered Parking
Built in Wardrobes
Kitchen Appliances
View of Water
Project information
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in FIVE Palm Jumeirah
Sold for
Date | AED | Area (sqft) |
---|---|---|
17 Sep 2024 | 2,891,326 | 1,249 |
16 Sep 2024 | 2,914,456 | 1,247 |
20 Aug 2024 | 4,100,000 | 1,225 |
9 Jul 2024 | 3,300,000 | 1,070 |
8 Jul 2024 | 2,150,000 | 779 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
19 Sep 2024 | 400,000 | 1,215 |
1 Aug 2024 | 375,000 | 2,187 |
1 May 2024 | 250,000 | 1,225 |
8 Apr 2024 | 250,000 | 1,215 |
15 Mar 2024 | 220,000 | 1,215 |
Powered byDataGuru
This property costs the same as the average price of 1 bedroom in Palm Jumeirah
Average Sale Price is 3,095,140 AED
This property is 6% bigger than the average size of 1 bedroom in Palm Jumeirah
Average size is 1,159 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
GTA Properties
See all properties (139)Response time
within 5 minutes
Experience
4 years
Closed Deals
4
Languages
English
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
12,750 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
GTA-2693
Listed
17 days ago
Broker License
41072
Zone name
Palm Jumeirah
DLD Permit Number:
7117819624
Agent License
59434
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Own this property from just
12,750 AED /month
Fixed rates from: 3.75%
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