AED 1,950,000

Own this from just

8,020 AED/month
Studio
1 Bathroom
647 sqft / 60 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

ROI 7% Safe Investment Hotel Suite

On behalf of Tamani properties I am glad to present this studio with guaranteed ROI

Limited land supply and the great interest in the area, which results in an constantly increasing price for this property. This is a good opportunity to make money not only on guaranteed ROI, but also on capital appreciation. Also, there will be no more similar projects in this area, which creates a shortage of supply and a great potential for price growth for this indispensability

The hotel room is fully managed by Five Hotels, with returns based on room revenue and occupancy. Forty percent of all revenue is distributed among the hotel room owners in the hotel pool on a per square foot basis, while sixty percent is retained by Five. This hotel unit is managed by Five Holding as part of the Five Palm Hotel. There are no service charges, monthly bills, or maintenance costs, as these are covered by Five Holding. The unit owner receives monthly income based on hotel occupancy rates. Moreover, the owners can enjoy 14 days fee stay yearly.

Property Features
* Studio
* 1 Bathroom
* Huge Balcony
* Guaranteed ROI

Community Amenities
* Private beach
* Panoramic swimming pool
* SPA complex
* Restaurants and bars

I am available 24/7, contact me any time to get the the best offer +971 52 439 7712

Tamani Properties
1506 The Prime Tower
Business Bay,
Dubai, UAE
PO Box No:71082
+971 52 439 7712

Property details

Property Type

Apartment

Property Size

647 sqft / 60 sqm

Bedrooms

studio

Bathrooms

1

Available from

20 Jul 2024


Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

Kitchen Appliances

View of Water


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


Location

Map preview
FIVE Palm Jumeirah
Residential Insights

Price Range:

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

Mostly apartments | Luxury

Price Range:

749K-600M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in FIVE Palm Jumeirah

Sold for

DateAEDArea (sqft)
28 Oct 20241,540,000560
24 Oct 20241,650,000614
26 Sep 20241,741,797620
17 Sep 20241,560,703627
12 Sep 20242,000,000607

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

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Powered byDataGuru

This property costs 19% more than the average price of studio bedroom in Palm Jumeirah

Average Sale Price is 1,634,318 AED

This property is 16% bigger than the average size of studio bedroom in Palm Jumeirah

Average size is 558 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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Tamani Properties

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Experience

2 years

Closed Deals

3

Languages

English,Russian

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300,000 AED35,000,000 AED
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Monthly payment

8,020 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

tamaniproperties-11253693

Listed

15 days ago

Broker License

21514

Zone name

Palm Jumeirah

DLD Permit Number:

7117819859

Agent License

69414

DLD Permit Number

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George Churadze

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8,020 AED /month

Fixed rates from: 3.75%

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