AED2,950,000

Own this from just

12,133 AED/month
2 Bedrooms
3 Bathrooms
1,240 sqft / 115 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN THE 8, THE CRESCENT

Exclusive | Price Drop | High Passive Income

We are excited to offer this exceptional hotel apartment investment on The Palm, delivering regular passive income and true hands-off ownership. Enjoy the flexibility to use your apartment for up to 28 days a year, whenever you wish. The property is currently at 100% occupancy, and as the hotel’s reputation grows, your ROI is expected to strengthen year on year. Originally purchased in May 2023 for AED 6.2M, this is a fantastic opportunity to secure a high-yield asset at a significant value.

Key Features:
•⁠ ⁠New to Market
•⁠ ⁠Capital Appreciation Potential
•⁠ ⁠High ROI
•⁠ ⁠Hands-Off Investment – Fully managed and maintained by the hotel team
•⁠ ⁠Full Sea View
•⁠ ⁠2 Bedrooms, Both En Suite
•⁠ ⁠BUA: 1,240.65 sqft
•⁠ ⁠Fully Furnished
•⁠ ⁠Spacious Balcony
•⁠ ⁠Amazing Gym, Pool & Beach Facilities
•⁠ ⁠Great Community

This is a rare find for investors seeking a stress-free, income-generating property in a prime location. All management and maintenance are handled by the hotel, ensuring your investment is always kept to the highest standard.

Contact us today to secure this fantastic opportunity!

Property details

Property Type

Hotel & Hotel Apartment

Property Size

1,240 sqft / 115 sqm

Bedrooms

2

Bathrooms

3

Service Charges

25.97 AED per sqft


Amenities

Furnished

Balcony

Shared Pool

Shared Spa

Shared Gym

Concierge

Covered Parking

View of Water

Built in Wardrobes

Kitchen Appliances


Location

Map preview
The 8 Towers
The 8
Residential Insights
No reviews yet

Price Range:

2.9M-31M AED
Palm Jumeirah Community
Palm Jumeirah
Community Insights
4.1/5304 building reviews

Luxury | Apartments and villas

Price Range:

725K-413M AED

Price Insights

Transactions for Similar Properties

2 Beds Hotel & Hotel Apartment in The 8

Sold for

DateAEDArea (sqft)
12 Jan 20265,450,0001,331
30 Dec 20255,098,5001,233
10 Dec 20253,700,0001,330
6 Dec 20253,325,0002,779
29 Oct 20253,100,0001,330

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

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Response time

within 30 minutes

Experience

17 years

Languages

English

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Get the right mortgage for you

300,000 AED200,000,000 AED
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590,000 AED2,360,000 AED
80%
590,000 AED2,360,000 AED
1 year25 years
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Estimate your monthly mortgage payment

Monthly payment

12,133 AED

with interest rate of

3.75%


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Our Mortgage Advisors will be more than happy to help!


Regulatory information
Regulatory information

Reference

LXF-S-162320

Listed

12 days ago

Broker License

23275

Agency name

LUXFOLIO REAL ESTATE BROKERS L.L.C

Zone name

Palm Jumeirah

DLD Permit Number:

7117638749

Agent License

26657

DLD Permit Number

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    Agent Oz Hussein

    Oz Hussein

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