Low Maintenance Investment | High ROI | Furnished
Property Type:
Apartment
Property Size:
606 sqft / 56 sqm
Bedrooms:
studio
Bathrooms:
1
Location
FIVE Palm Jumeirah
Dubai, Palm Jumeirah
Agent
Ameliah Alstrom
Knight Frank
(54 Properties)Description
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
Date | AED | Area (sqft) |
---|---|---|
22 Apr 2024 | 1,741,600 | 622 |
21 Mar 2024 | 1,830,000 | 607 |
7 Mar 2024 | 1,725,493 | 622 |
7 Mar 2024 | 1,725,493 | 614 |
21 Feb 2024 | 1,700,000 | 648 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
There are no transactions to display |
Powered byDataGuru
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
Get the right mortgage for you
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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
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