650,000
Own this from just
2,673 AED/monthProperty details
- Bedrooms
- 1 Bed
- Bathrooms
- 1 Bath
- Property type
- Hotel & Hotel Apartment
- Available from
- 3 Jul 2026
- Furnishing
- Furnished
- Price per area
- AED1,181/ft²
- Area
- 550 ft²
Just for investments⎮High Occupancy⎮Top at TECOM
550 sqft
Title Deed available
Hotel could be found at Bookingdotcom under name "First Central Hotel Suites".
!!! MUST READ !!!
Hotel room is under hotel management.
All of the apartments in The First Central are managed and rented out by management company and the owners must enter into the management scheme and can not use or manage the apartments themselves.
Income from all apartments is pooled and the net proceeds are shared out pro-rata between all the owners. Even if the hotel room will be empty during year the income will be calculated from the pool of all hotel.
Opened October 2011
Income not guaranteed
According Title Deed unit is hotel apartment and as deal with commercial property must be with VAT 5% which Seller must collect from the Buyer and pay to FTA.
Stunning location at the one of attractive business area - Barsha Heights (TECOM).
The Millennium Place Marina
⁃ a stunning location in the heart of the city's most popular business location, Barsha Heights
⁃ Income distributions - two times/year
⁃ Highly efficient central reservation system ensures high occupancy rate
⁃ Owner profit share based on net profit of hotel operations
⁃ 2 weeks per year (first 5 years) for personal use at the similar room (need to book the reservation)
524 one bedroom and executive suites
Hotel ownership income program
Fully equipped kitchenette
Laundry and dry cleaning service
Roof top swimming pool and sun deck
Health club
Valet parking
24 hour reception
Concierge
Room service
Security
VAT is included in final price.
Amenities
Furnished
Built in Wardrobes
Central A/C
Covered Parking
Kitchen Appliances
Shared Pool
Security
Shared Spa
Shared Gym
Lobby in Building
Location

About First Central Hotel Apartments
Learn moreFirst Central Hotel Apartments in Barsha Heights (Tecom) offers Studio To 1 Bedroom properties averaging 329 - 554 sqft. It currently has 17 active sale listings.
- Properties Listed17
- Price range499K - 1M
Score Breakdown
- Aasem A.
I had the opportunity to stay at the hotel for more than a year and still Maintenance (Good): One of the standout features of this property is its well-maintained facilities. Throughout my stay, I noticed that the maintenance team was prompt in addressing any issues that arose in my room. It's clear that the management takes pride in keeping the property in good shape. Staff / Security (Good): The staff and security personnel were friendly and attentive. They made me feel safe and welcome throughout my stay. The professionalism of the staff was certainly a highlight of my visit. Gym / Pool (OK): While the gym and pool facilities are present, they didn't quite live up to my expectations. The gym is adequately equipped, The pool was decent but not particularly large. If you're looking for an extensive workout or a luxurious swimming experience, you might want to manage your expectations. Children Friendly (Poor): This property left much to be desired in terms of being child-friendly. There were limited activities or amenities for kids, and the overall atmosphere did not seem particularly conducive to families with children. Families travelling with young ones might want to consider other options. Noise in and Around Property (Good): Surprisingly, despite being located in a bustling area, noise was not a significant issue during my stay. The property seemed well-insulated, and I could enjoy a peaceful night's sleep without being disturbed by external sounds. Traffic Near Property (Very Good): The location of this property is a definite plus. It's situated near major thoroughfares, making it convenient for getting around the city. Despite its proximity to traffic routes, the noise from traffic did not penetrate the property, contributing to a peaceful atmosphere. Guest Parking (Very Good): For those travelling by car, guest parking is readily available and well-maintained. I never had trouble finding a parking spot, and it added to the overall convenience of my stay.
Price Insights
Transactions for Similar Properties
1 Bed Hotel & Hotel Apartment in First Central Hotel Apartments
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 26 Mar 2026 | 950,000 | 550 |
| 8 Aug 2025 | 1,000,000 | 550 |
| 30 Sep 2024 | 999,000 | 550 |
| 19 Apr 2024 | 918,972 | 550 |
| 13 Oct 2023 | 955,798 | 550 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
There are no transactions to display | ||
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Monthly payment
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