HOTEL & HOTEL APARTMENT FOR SALE IN GRAND CENTRAL HOTEL, BARSHA HEIGHTS (TECOM)

Requested area⎮High occupancy⎮Attractive hotel

Property Type:

Hotel & Hotel Apartment

Property Size:

425 sqft / 39 sqm

Bedrooms:

1

Bathrooms:

1


450,000 AED

Own this from just

1,878 AED/month

Almas Assilbekov usually responds within 5 minutes



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Location

Map

Grand Central Hotel

Dubai, Barsha Heights (Tecom)

Agent


Amenities

Central A/C

Shared Pool

Shared Spa

Security

Maid Service

Covered Parking

Built in Wardrobes

Kitchen Appliances

Shared Gym

Lobby in Building


Description

Buy 1-Bedroom Apartment for investment in Grand Heights Hotel Apartments (The Grand Central) Hotel Apartments at Barsha Heights in Dubai!

425.50 sq.ft (39.53 sq.m.)

Find Grand Heights Hotel Apartments at Booking.com

Stunning location at the prime business area - Barsha Heights (TECOM)
A short stroll from Dubai Metro’s Barsha Heights station
Iconic, 18-storey curved glass design
184 hotel apartments featuring 72 One Bedroom and 112 Executive suites
Hotel ownership income program
Laundry and dry cleaning service
Retail and food and beverage outlets
Ground floor luxury swimming pool, sun deck, and gymnasium
Valet parking
24 hour reception
Concierge
Room service
Security

All of the apartments in The Grand 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.

Also Investor has right to live at the same hotel room up to 14 days during the year.

Transactions for Similar Properties

1 Bed Hotel & Hotel Apartment in Grand Central Hotel

Sold for

DateAEDArea (sqft)
15 Jan 2024995,000682
23 May 2023570,000548
11 May 20231,025,118548
8 May 20231,080,000712
8 May 2023841,969548

Rented for

DateAED/yearArea (sqft)

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300,000 AED35,000,000 AED
20%
90,000 AED360,000 AED
1 year25 years

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Monthly payment

1,878 AED

with interest rate of

3.89%

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Reference:

heartofcity-7039714

Listed:

4 months ago

Broker ORN:

12609


DLD Permit Number:

7176826960


450,000 AED

Own this from just

1,878 AED/month

Almas Assilbekov usually responds within 5 minutes

Report this listing

Own this property from just

1,878 AED /month

Fixed rates from: 3.89%

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