SuperAgent
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Hotel Room | 6.7% NET ROI | Free Stay

Property Type:

Apartment

Property Size:

635 sqft / 59 sqm

Bedrooms:

studio

Bathrooms:

1


2,000,000 AED

Own this from just

8,349 AED/month

Tony Hajjar usually responds within 5 minutes



Report this listing

Location

Map

FIVE Palm Jumeirah

Dubai, Palm Jumeirah

Agent

Tony Hajjar

Luxe Realty GroupVIVID REALTY REAL ESTATE BUYING & SELLING BROKERAGE L.L.C

(28 Properties)
Residential Insights
FIVE Palm Jumeirah
Community Insights
Palm Jumeirah
4.1/5150 building reviews

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Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Maid Service

Covered Parking

Built in Wardrobes

Kitchen Appliances

View of Water

View of Landmark

Shared Gym

Lobby in Building

Children's Play Area

Barbecue Area


Description

Vivid Realty is proud to present this Studio apartment in Five Palm.

- 635.07 sqft
- Largest layout for studio
- Fully furnished hotel apartment
- No service charges
- No bills
- Pool & EMAAR Beachfront view
- Discounts across FIVE brands
- 14 complimentary nights every year
- Valet parking
- 24/7 concierge
- 24/7 security

Take this opportunity to own a hotel room in FIVE Palm and enjoy a hassle free investment. With no bills or service charges to pay, you can sit back, relax and take your annual fees as the hotel manage your unit.

As an owner, you receive 40% of the net room revenue, equal to your properties square foot, meaning that you generate revenue regardless of whether your specific property is occupied or not. In 2022, this meant a payout of over AED 130,000. As this is one of the most well known hotels in Dubai, you can be confident that this investment will continue to pay out.

At Vivid Realty, we're committed to making your real estate dreams a vivid reality. Contact us to learn more and embark on your journey to your dream home.

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 20241,725,493614
7 Mar 20241,725,493622
21 Feb 20241,700,000615

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

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This property costs 25% more than the average price of studio bedroom in Palm Jumeirah

Average Sale Price is 1,604,314 AED

This property is 15% bigger than the average size of studio bedroom in Palm Jumeirah

Average size is 550 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

300,000 AED35,000,000 AED
20%
400,000 AED1,600,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

8,349 AED

with interest rate of

3.89%

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Reference:

Vivid-111

Listed:

27 days ago

Broker ORN:

35034


DLD Permit Number:

7117819775


2,000,000 AED

Own this from just

8,349 AED/month

Tony Hajjar usually responds within 5 minutes

Report this listing

Own this property from just

8,349 AED /month

Fixed rates from: 3.89%

Get pre-approved

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