AED 1,875,000

Own this from just

7,712 AED/month
Studio
1 Bathroom
647 sqft / 60 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Profitable Hands-Free Hotel Investment Deal

Invest in a luxurious hotel room managed by the renowned FIVE Hotel, a five-star resort in Palm Jumeirah. Enjoy a hands-free investment with payouts based on a revenue-share model, where your returns grow with the size of your unit. All expenses are covered by the hotel, and payouts are net of fees.

As a bonus, owners receive the option to stay at the hotel for 2 weeks each year at a reduced price, along with exclusive discounts at the resort’s restaurants and amenities.


The world’s largest and grandiose man-made island in the immaculate waters of the Arabian Gulf, Palm Jumeirah is a true resort-style community described as not just a place to be, but rather an experience. Elicits exceptional luxury that features themed hotels, villas, apartment buildings, beaches, marinas, restaurants, and a variety of retail outlets.

Engel & Voelkers has over 45 years of invaluable local and international market experience.



Our global network spreads across 4 continents with 1,000+ offices and 16,500 agents. Whether youre in the market to rent, buy, or sell your property, Engel & Völkers is a perfect choice to achieve your real estate goals.



Our team in Dubai consists of over 200 trusted agents, each specializing in premium residential and commercial properties, serving as experts in their respective areas.

Contact Engel & Voelkers today for further details.

Property details

Property Type

Apartment

Property Size

647 sqft / 60 sqm

Bedrooms

studio

Bathrooms

1


Amenities

Central A/C

Balcony

Private Garden

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

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


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)

There are no transactions to display

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Powered byDataGuru

This property costs 15% 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

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SuperAgent

Carlos Andres Guitian Gonzalez

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Response time

within 15 minutes

Closed Deals

1

Languages

English

See agent properties (5)

Get the right mortgage for you

300,000 AED35,000,000 AED
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375,000 AED1,500,000 AED
1 year25 years

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Monthly payment

7,712 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

RL0034660

Listed

6 days ago

Broker License

16081

Zone name

Palm Jumeirah

DLD Permit Number:

7117819598

Agent License

41039

DLD Permit Number

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7,712 AED /month

Fixed rates from: 3.75%

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