AED 1,600,000

Own this from just

6,581 AED/month
studio
1 Bathroom
615 sqft / 57 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

High ROI | Great Investment | Unobstructed View

Barnes International Realty is pleased to offer this luxurious Studio Hotel Room in 5* Hotel FIVE Palm Jumeirah.

Property Features:
- Studio Apartment
- Furnished
- Large Terrace
- Hotel Room for Investment
- Fitted Wardrobes/Walk-in Closet

The hotel room has a sea and Ain Dubai view. The returns from the hotel revenue will start from the day of the transfer. There are no service charge payments or utility payments for this property and no hidden costs.

Be part of this booming hospitality sector by investing in a stunning 5* hotel room. As a proud hotel room owner in this marquee development, your investment in the FIVE Palm Jumeirah will also generate substantial annual revenue for you. In a unique investment structure, you are guaranteed to receive a proportional share of 40% of the net room revenue of the entire hotel regardless of whether your room occupies the class of room or even the kind of view. As a hotel room owner, you get 14 days of free stay in the hotel per year.

Barnes International is the leader globally in Luxury Real Estate, with over 145 offices across 22 countries. We pride ourselves on our professional and knowledgeable approach to your Real Estate Requirements. Whether you are looking locally or internationally please get in touch to discover our available properties.

Property details

Property Type

Apartment

Property Size

615 sqft / 57 sqm

Bedrooms

studio

Bathrooms

1


Amenities

Central A/C

Balcony

Shared Pool

Security

Covered Parking

Built in Wardrobes

View of Water

Pets Allowed

Shared Gym

Lobby in Building


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

Luxury | Mostly apartments

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)

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This property costs 2% less than the average price of studio bedroom in Palm Jumeirah

Average Sale Price is 1,634,318 AED

This property is 10% 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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Maria Varnava

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Barnes International Realty

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Response time

within 15 minutes

Experience

7 years

Closed Deals

3

Languages

English

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300,000 AED35,000,000 AED
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320,000 AED1,280,000 AED
1 year25 years

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Monthly payment

6,581 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

BARNES-5887

Listed

7 days ago

Broker License

406

Zone name

Palm Jumeirah

DLD Permit Number:

7117819707

Agent License

56710

DLD Permit Number

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6,581 AED /month

Fixed rates from: 3.75%

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