AED 1,950,000

Own this from just

8,020 AED/month
Studio + Maid
1 Bathroom
647 sqft / 60 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

ROI 7% Safe Investment | Studio Apartment

On behalf of Tamani properties I am glad to present this studio with guaranteed ROI

Limited land supply and the great interest in the area, which results in an constantly increasing price for this property. This is a good opportunity to make money not only on guaranteed ROI, but also on capital appreciation. Also, there will be no more similar projects in this area, which creates a shortage of supply and a great potential for price growth for this indispensability

The apartment is fully managed by Five Hotels, with returns based on room revenue and occupancy. Forty percent of all revenue is distributed among the hotel room owners in the hotel pool on a per square foot basis, while sixty percent is retained by Five. This hotel unit is managed by Five Holding as part of the Five Palm Hotel. There are no service charges, monthly bills, or maintenance costs, as these are covered by Five Holding. The unit owner receives monthly income based on hotel occupancy rates. Moreover, the owners can enjoy 14 days fee stay yearly.

Property Features
* Studio
* 1 Bathroom
* Huge Balcony
* Guaranteed ROI

Community Amenities
* Private beach
* Panoramic swimming pool
* SPA complex
* Restaurants and bars

Property details

Property Type

Apartment

Property Size

647 sqft / 60 sqm

Bedrooms

studio + Maid

Bathrooms

1


Amenities

Maids Room

Study

Balcony

Private Garden

Private Pool

Private Gym

Private Jacuzzi

Shared Pool

Shared Spa

Security


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:

1.4M-45M AED
Palm Jumeirah
Community Insights
4.1/5304 building reviews

Mostly apartments | Luxury

Price Range:

700K-751M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in FIVE Palm Jumeirah

Sold for

DateAEDArea (sqft)
25 Jun 20251,420,000622
25 Jun 20251,420,000614
11 Jun 20251,600,000629
5 May 20251,225,000648
29 Apr 20251,500,000635

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

See all transactions in this location

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This property costs 21% more than the average price of studio bedroom in Palm Jumeirah

Average Sale Price is 1,616,243 AED

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

Average size is 561 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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George Churadze

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Response time

within 5 minutes

Experience

3 years

Closed Deals

7

Languages

English, Russian

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Monthly payment

8,020 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

AP377-1

Listed

1 day ago

Broker License

21514

Agency name

TAMANI REAL ESTATE L.L.C

Zone name

Palm Jumeirah

DLD Permit Number:

7117819859

Agent License

69414

DLD Permit Number

George Churadze

4.7

usually responds within 5 minutes

Own this property from just

8,020 AED /month

Fixed rates from: 3.75%

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