AED 1,695,000

Own this from just

6,972 AED/month
Studio
1 Bathroom
628 sqft / 58 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Sea Facing Standard Kingroom | 1 Bed Hotel Apt

INVESTMENT OPPORTUNITY!!
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

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:

649K-600M AED

Price Insights

Transactions for Similar Properties

Studio Hotel & Hotel 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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Anita van Vliet

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Response time

within 5 minutes

Experience

3 years

Closed Deals

17

Languages

English, Dutch

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300,000 AED35,000,000 AED
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339,000 AED1,356,000 AED
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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

DLD Permit Number

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Anita van Vliet

5.0

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6,972 AED /month

Fixed rates from: 3.75%

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