AED 2,100,000

Own this from just

8,637 AED/month
Studio
1 Bathroom
614 sqft / 57 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Investor Deal 8% net ROI | Hotel Studio |Sea View

Peace of mind for long term investor monthly income.
Palm Jumeirah
Five Palm
Condo Hotel Studio
614 sqft
High yield 8% net ROI
Partial Sea and marina skyline view
Hotel Pool
Owner can stay free of charge for 14 days every year...
Rest rented and managed by the Hotel.
Have approval for approximate 8% net ROI.
Hotel will transfer your income on monthly basis directly to your bank account..
No service charges.
Selling Price AED 2,100,000/-
Please call Akram 0553220088 for more information and to arrange a viewing.

Pictures are for illustrative purposes only.
Not the actual photo.

Dubbed the hottest hotel on Palm Jumeirah, FIVE Palm Jumeirah is a dare-to-be-different hotel that captures the glamour and vibe of Dubai. Set against a breathtaking backdrop of the beach and Dubai Marina skyline, this lifestyle hotel boasts 470 luxurious rooms and suites with ocean or city views.

Property details

Property Type

Hotel & Hotel Apartment

Property Size

614 sqft / 57 sqm

Bedrooms

studio

Bathrooms

1


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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Provided by

Akram Hantoli

4.4

Blue Palace Real Estate

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Response time

within 24 hours

Experience

17 years

Languages

English, Arabic

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300,000 AED35,000,000 AED
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420,000 AED1,680,000 AED
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Monthly payment

8,637 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

bluepalace-11794379

Listed

11 days ago

Broker License

1013

Zone name

Palm Jumeirah

DLD Permit Number:

7117819870

Agent License

6838

DLD Permit Number

Call

Akram Hantoli

4.4

Usually responds within 24 hours

Own this property from just

8,637 AED /month

Fixed rates from: 3.75%

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