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APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Low Maintenance Investment | High ROI | Furnished

Property Type:

Apartment

Property Size:

606 sqft / 56 sqm

Bedrooms:

studio

Bathrooms:

1


1,800,000 AED

Own this from just

7,514 AED/month

Ameliah Alstrom usually responds within 5 minutes



Report this listing

Location

Map

FIVE Palm Jumeirah

Dubai, Palm Jumeirah

Residential Insights
FIVE Palm Jumeirah
Community Insights
Palm Jumeirah
4.1/5150 building reviews

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Description

An extraordinary investment opportunity at the well known Five Palm Hotel. Located in the heart of Palm Jumeirah, this property offers not just a gateway on The Palm for 14 days per annum but also promising returns.

Situated in the iconic Palm Jumeirah, this hotel apartment enjoys one of Dubai's most coveted addresses. With modern interiors and access to a Private Beach Access, Spa and Wellness Center, Fitness Center with State-of-the-Art Equipment, Fine Dining Restaurants and Bars, Concierge Services.

Features:

- Studio
- 1 Bathroom
- 606.55 Sq Ft.
- Asking Price: 1,800,000 AED
- Agent: Ameliah Alstrom on +971585881303
- Broker No. 58448
- Trakheesi Number: 7117819574


This investment is low maintenance. It comes fully furnished, and any fees are deducted from your annual revenue so upon purchase simply relax and await your new income stream to reach your bank account. With hotel occupancy being in such high demand investors are seeing high ROIs making this a rare opportunity.

Investment Benefits:

The returns have proven year after year that yields are high. The Five Palm Hotel is a popular destination for tourists and business travellers, ensuring a steady stream of rental income. As a hotel apartment, property management and rental arrangements are handled by the hotel management, providing a low maintenance investment. Properties on Palm Jumeirah have historically shown strong capital appreciation, making it a sound long-term investment. Given Dubai remains a top destination for leisure and business travellers alike, ensuring consistent occupancy rates. Five Palm is a globally recognized brand, adding value and desirability to the property.


If you would like more information or to arrange a viewing, please contact our Private Client Advisor Ameliah Alstrom on +971585881303.

Finance is available on this property through Knight Frank Mortgage Services.

Transactions for Similar Properties

NaN Beds Apartment in FIVE Palm Jumeirah

Sold for

DateAEDArea (sqft)
22 Apr 20241,741,600622
21 Mar 20241,830,000607
7 Mar 20241,725,493622
7 Mar 20241,725,493614
21 Feb 20241,700,000648

Rented for

DateAED/yearArea (sqft)

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This property costs 11% more than the average price of studio bedroom in Palm Jumeirah

Average Sale Price is 1,619,459 AED

This property is 11% bigger than the average size of studio bedroom in Palm Jumeirah

Average size is 548 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Palm Jumeirah


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300,000 AED35,000,000 AED
20%
360,000 AED1,440,000 AED
1 year25 years

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Monthly payment

7,514 AED

with interest rate of

3.89%

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Reference:

DUB012409331

Listed:

12 days ago

Broker ORN:

11964


DLD Permit Number:

7117819574


1,800,000 AED

Own this from just

7,514 AED/month

Ameliah Alstrom usually responds within 5 minutes

Report this listing

Own this property from just

7,514 AED /month

Fixed rates from: 3.89%

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