AED 365,000
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1,501 AED/monthHigher Floor | Hotel Apt | Only for investment
* Hotel Managed Studio
* Fully Furnished
* Only for investment
* Higher floor
* Only for Cash buyers
The apartment comes with good furnishings and is maintained well by the hotel. The occupancy rate of the hotel is about 85% in the year and you can find the lobby pretty busy all the time. The location is very central and with close access to the metro, it adds some real value for any investor TECOM is free zone and it makes documentation process very simple for anyone who likes to establish a company there. Currently the hotel is renting out and giving the yields to the owner.
Tecom is investment arm of Dubai Holding a global investment holding company that develops and manages an extensive portfolio of companies focused on investments, financial services and hospitality.
Property details
Property Type
Hotel & Hotel Apartment
Property Size
413 sqft / 38 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Balcony
Covered Parking
Built in Wardrobes
Location

Price Insights
Transactions for Similar Properties
Studio Hotel & Hotel Apartment in First Central Hotel Apartments
Sold for
Date | AED | Area (sqft) |
---|---|---|
21 Apr 2025 | 1,353,726 | 336 |
18 Apr 2025 | 1,186,771 | 367 |
11 Apr 2025 | 933,758 | 367 |
18 Mar 2025 | 1,020,829 | 332 |
13 Feb 2025 | 804,000 | 342 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
There are no transactions to display |
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Response time
within 5 minutes
Experience
17 years
Closed Deals
14
Languages
English, Hindi, Gujarati
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Monthly payment
1,501 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
HA582269-5
Listed
2 months ago
Broker License
97
Agency name
BETTER HOMES (L.L.C)
Zone name
Al Thanyah First
DLD Permit Number:
7117718935
Agent License
10130
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1,501 AED /month
Fixed rates from: 3.75%
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