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Buy, AED 2M 路 Hotel Apartment, Dubai, Palm Jumeirah by Lazudi

AED 2,000,000 
Valentina Groll,Lazudi Real Estate
Valentina Groll
Lazudi Real Estate
Prices in FIVE Palm Jumeirah remain unchanged month on month since February

Hotel Apartment 路 1 Bathroom 路 Not Furnished

Great Investment | Luxurious Layout | High ROI

3,140 AED/sq.ft
637 sq. ft
Studio
1 Bathroom
RERA: 0000
Permit: 7117819904
Ref: LAZ105707
Listed: 1 month ago

This Hotel Apartment is represented by Lazudi Real Estate

Lazudi Real Estate is part of the UAE's largest real estate agencies that chose to partner with houza.

Lazudi is proud to present this hotel unit to the market. It is managed by Five Holding as a part of the Five Palm Hotel. There are no service charges, monthly bills, or maintenance costs, as those are covered by Five Holding. The unit owner receives monthly income as per hotel occupancy rates.   Unit Details: - Studio - 1 Bathrooms - Size: 637.01 sqft. - Fully Fitted Modern Kitchen - Fully Furnished - Fitted Wardrobes - Marble Flooring - Balcony - Road View   Amenities: - Lux Spa - Private Beach Access - Multiple Restaurants - Cafes - Basement parking - Swimming pool - State of the art Gym - Children's Play Areas.   'Five Palm Jumeirah' offers outstanding architecture with pioneering design that complements its iconic destination on the trunk of Palm Jumeirah. 'Five Palm Jumeirah' is a stunning beachside resort offering panoramic views of the Arabian Gulf. A total of 221 private residences located across 16 floors.   Lazudi Real Estate: We are Customer-centric, personalized comprehensive services, and tech-enabled platform with cutting edge technology are the three core pillars of Lazudi.   Our company combines highly-experienced top agents with cutting-edge technology to help streamline processes so our agents can spend more time servicing the customers.   We provide tailor-made brokerage services to help leverage the way customers buy and sell residential properties.   Lazudi is the first and fastest-growing tech-enabled real estate agency with an international network of 12 branches in the most popular locations of Dubai, Thailand, Singapore, Indonesia, the Philippines, and the United Kingdom.   Contact us now for more information!

Hotel Apartment Amenities: This Property includes Concierge Service

Concierge Service

Find this property in FIVE Palm Jumeirah, Palm Jumeirah

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Investment Opportunity: Charges & Yield

Investing in this property promises a 6.57% yearly net return from an annual rental price of AED 150,985 and accounting for a sum of AED 19,569 covering yearly service charges.
Sale Price
AED
Annual Rental Price
AED
Area
SQFT
Service charges in FIVE Palm Jumeirah, Palm Jumeirah, Dubai
AED 30.72 per sq ft
Yearly service charges
AED 19,569
Yearly Net Returns
6.57%