AED 1,950,000
Own this from just
8,020 AED/monthStudio
1 Bathroom
647 sqft / 60 sqm
APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAHOn 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 hotel room 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
High floor | Guaranteed ROI | Hotel suite
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 hotel room 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
Bathrooms
1
Amenities
Covered Parking
Shared Gym
Lobby in Building
Project information
Location
Price Insights
This property costs 21% more than the average price of studio bedroom in Palm Jumeirah
Average Sale Price is 1,610,395 AED
This property is 16% bigger than the average size of studio bedroom in Palm Jumeirah
Average size is 559 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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Response time
within 5 minutes
Experience
2 years
Languages
English, Russian, Italian
Get the right mortgage for you
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Monthly payment
8,020 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
AP377-2
Listed
16 hours ago
Broker License
21514
Agency name
TAMANI REAL ESTATE L.L.C
Zone name
Palm Jumeirah
DLD Permit Number:
7117819859
Agent License
83034
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Own this property from just
8,020 AED /month
Fixed rates from: 3.75%
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