AED 1,690,000

Own this from just

6,951 AED/month
Studio
1 Bathroom
615 sqft / 57 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN FIVE PALM JUMEIRAH, PALM JUMEIRAH

Hotel Apt |High Occupancy | Investment Opportunity

Hotel Studio Apartment for sale in the iconic FIVE PALM, PALM JUMEIRAH.


THE URBAN NEST is proud to present this amazing investment opportunity in Five Palm Jumeirah.

This hotel unit is managed by Five Holding as a part of the Five Palm Hotel. Owners can experience one of the highest occupancy rates on the Palm. There are no service charges, monthly bills, or maintenance cost, as those are covered by Five Holding. The unit owner receives monthly income as per hotel occupancy rates.

The property briefly comprises of:
- BUA of 615 sqft
- Fully Fitted Modern Kitchen
- Fully Furnished
- Fitted Wardrobes
- Marble Flooring
- Balcony

Amenities and hotel facilities include:
- Lux Spa
- Private Beach
- Multiple Restaurants
- Cafes
- Basement parking
- Swimming pool
- State of the art Gym
- Children's Play Areas

Five Palm offers outstanding architecture with pioneering design that complements its iconic destination on the trunk of Palm Jumeirah. Five Palm is a stunning beachside resort offering panoramic views of the Arabian Gulf. A total of 221 private residences located across 16 floors.

THE URBAN NEST.

Property details

Property Type

Hotel & Hotel Apartment

Property Size

615 sqft / 57 sqm

Bedrooms

studio

Bathrooms

1


Amenities

Central A/C

Balcony

Shared Pool

Built in Wardrobes

Children's Play Area


Project information

project imageproject imageproject image

Completed

Five Palm Jumeirah

2 and 3 bedrooms

Developed by:

Five Holdings

Delivery Date:

Q4 2023

Down payment:

70%

Property types:

Apartment


Location

Map preview
FIVE Palm Jumeirah
Residential Insights

Price Range:

1.4M-55M AED
Palm Jumeirah
Community Insights
4.1/5152 building reviews

Mostly apartments | Luxury

Price Range:

700K-751M AED

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300,000 AED200,000,000 AED
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338,000 AED1,352,000 AED
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338,000 AED1,352,000 AED
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Monthly payment

6,951 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

TUN-S-6794

Listed

14 hours ago

Broker License

12726

Agent License

84318

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