AED 1,600,000
Own this from just
6,581 AED/monthMotivated Seller | High floor | Sea 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. Five Palm is one of the busiest hotels in Dubai and it has a 9-star rating on Booking.com based on almost 18,000 reviews.
Property Details:
Hotel Room for Investment
Furnished
Studio
Terrace
Fitted Wardrobes
Walk in closet
Be part of this booming hospitality sector by investing in a stunning 5* hotel room.
As a proud owner of a hotel room 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.
Property details
Property Type
Apartment
Property Size
628 sqft / 58 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Central A/C
Balcony
Shared Pool
Shared Spa
Security
Concierge
Covered Parking
Built in Wardrobes
View of Water
View of Landmark
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 2% less than the average price of studio bedroom in Palm Jumeirah
Average Sale Price is 1,628,558 AED
This property is 12% 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
White & Co Real Estate
See all properties (2412)Response time
within 15 minutes
Experience
10 years
Closed Deals
2
Languages
English
Get the right mortgage for you
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Monthly payment
6,581 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
RL-112525
Listed
4 days ago
Broker License
25663
Zone name
Palm Jumeirah
DLD Permit Number:
7117819747
Agent License
41465
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Own this property from just
6,581 AED /month
Fixed rates from: 3.75%
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