AED 1,695,000
Own this from just
6,972 AED/monthSea Facing Standard Kingroom | 1 Bed Hotel Apt
This outstanding hotel apartment is now available for sale.
Sea Facing Standard Kingrooms available in Five Palm Jumeirah, the fast growing hotel.
Great priced and great investment
Features:
- BUA: 628.61 Sq.ft
- Standard Kingroom Suite
- Great sea and marina view
- Great facilities: 4 different kind of pools, beach access, gym, spa, valet parking, hair saloons etc...
- Multiple restaurants in the complex
- 14 nights free stay in the hotel, private usage by the owner
- ROI from the Hotel
- Very popular hotel
- Approximate income yield 7% to 8%
Investing in a hotel room at FIVE Palm Jumeirah in Dubai offers a unique opportunity to be part of one of the most luxurious and high-demand hospitality destinations in the world. Located on the iconic Palm Jumeirah, this hotel is renowned for its five-star amenities, stunning beachfront location, and vibrant nightlife, attracting a constant influx of high-net-worth individuals, tourists, and business travelers. By investing in a hotel room here, you not only secure a stake in a property that promises exceptional returns through high occupancy rates and premium nightly rates but also enjoy the benefit of hassle-free management by the hotel’s professional team. This hands-off investment approach ensures you can reap the rewards of property ownership without the usual challenges associated with property management.
FIVE Palm Jumeirah stands out due to its brand reputation, world-class facilities, and its appeal to a high-end clientele, which includes celebrities and social influencers, enhancing the value of your investment. The hotel’s unique blend of luxury, entertainment, and exceptional service makes it a top choice for visitors seeking a memorable experience in Dubai. Additionally, Dubai’s status as a global tourism and business hub continues to grow, driving the demand for premium accommodation options. Investing in a hotel room at FIVE Palm Jumeirah not only aligns with this demand but also provides a prestigious asset in one of the world’s most desirable locations, making it a smart and lucrative addition to any investment portfolio
Property details
Property Type
Hotel & Hotel Apartment
Property Size
628 sqft / 58 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Central A/C
Balcony
Shared Pool
Concierge
Built in Wardrobes
View of Water
Shared Gym
Lobby in Building
Children's Pool
Project information
Location
Price Insights
Transactions for Similar Properties
Studio Hotel & Hotel 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 |
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MIRE Properties
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Experience
3 years
Closed Deals
17
Languages
English, Dutch
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Monthly payment
6,972 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
mireprop-11605173
Listed
13 days ago
Broker License
1018509
Zone name
Palm Jumeirah
DLD Permit Number:
7117819645
Agent License
60646
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Own this property from just
6,972 AED /month
Fixed rates from: 3.75%
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