AED 1,950,000
Own this from just
8,020 AED/monthROI 7% Safe Investment Hotel Suite
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
Location
Price Insights
Transactions for Similar Properties
Studio Apartment in FIVE Palm Jumeirah
Sold for
Date | AED | Area (sqft) |
---|---|---|
28 Oct 2024 | 1,540,000 | 560 |
24 Oct 2024 | 1,650,000 | 614 |
26 Sep 2024 | 1,741,797 | 620 |
17 Sep 2024 | 1,560,703 | 627 |
12 Sep 2024 | 2,000,000 | 607 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
There are no transactions to display |
Powered byDataGuru
This property costs 20% more than the average price of studio bedroom in Palm Jumeirah
Average Sale Price is 1,631,030 AED
This property is 16% bigger than the average size of studio bedroom in Palm Jumeirah
Average size is 560 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
Tamani Properties
See all properties (210)Response time
within 5 minutes
Experience
2 years
Closed Deals
4
Languages
English, Russian
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
8,020 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
tamaniproperties-11253693
Listed
1 month ago
Broker License
21514
Zone name
Palm Jumeirah
DLD Permit Number:
7117819859
Agent License
69414
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Own this property from just
8,020 AED /month
Fixed rates from: 3.75%
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