AED 1,250,000
Own this from just
5,141 AED/monthThe Marina First Collection | 1 BR Fully Furnished
The First Collection Marina hotel presents an excellent investment opportunity in Dubai Marina,
one of the city’s most sought-after and vibrant locations. Operated by the highly experienced hotel management company, this modern futuristic hotel features:
- Fully furnished studio room with water view, contemporary amenities, sleek and stylish designs,
full-length windows, highly efficient layout
- Hassle-free management scheme that allows owners to benefit from pooled income without direct management responsibilities
- Pro-rata income sharing, guaranteeing revenue even if individual rooms remain unoccupied
Investment Highlights:
- High ROI & 6% average rate per night 800 AED currently, high occupancy rates of the hotel, strong and growing tourism in the location.
- High-end facilities: modern finishes, scenic outdoor pool, wellness, fitness center, and onsite restaurants that offer a stylish ambiance and quality service as well as access to the hotel's luxury beach-club on Palm Jumeirah via transfer
- Prime location: walking distance to luxurious Bluewaters island, the world-renowned JBR
waterfront & public beaches and the 7 km Marina promenade, featuring 300 restaurants. Located near metro.
- Hotel ownership income program: Profit share based on the net profit of hotel operations
- Personal use: Owners enjoy two weeks per annum for personal stays With a highly efficient central reservation system ensuring high occupancy rates, The First Collection Marina is
strategically positioned to capitalize on the booming demand for premium hospitality in Dubai.
This opportunity is ideal for investors looking to enter the lucrative Dubai Marina real estate market
Property details
Property Type
Hotel & Hotel Apartment
Property Size
442 sqft / 41 sqm
Bedrooms
1
Bathrooms
1
Amenities
Shared Pool
Covered Parking
Built in Wardrobes
Children's Play Area
Location
Price Insights
Transactions for Similar Properties
1 Bed Hotel & Hotel Apartment in TFG Marina Hotel
Sold for
Date | AED | Area (sqft) |
---|---|---|
11 Sep 2024 | 1,118,436 | 443 |
22 Aug 2024 | 855,020 | 445 |
31 Jul 2024 | 894,933 | 443 |
19 Mar 2024 | 1,725,220 | 443 |
8 Jan 2024 | 1,634,000 | 443 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
There are no transactions to display |
Powered byDataGuru
Provided by
Christie's International Real Estate Dubai
See all properties (115)Response time
within 30 minutes
Experience
34 years
Closed Deals
1
Languages
English
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
5,141 AED
with interest rate of
3.75%
Powered by
Regulatory information
Regulatory information
Reference
HA17755
Listed
1 month ago
Broker License
11814
Zone name
Marsa Dubai
DLD Permit Number:
7117425991
Agent License
36975
More available in the same area
Own this property from just
5,141 AED /month
Fixed rates from: 3.75%
Get pre-approvedIn partnership with