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Buy, AED 1.73M · Hotel Apartment, Dubai, Palm Jumeirah · Water View

AED 1,730,493 
Exclusive to Agent
Sanam Ushurova, Metropolitan Premium Properties
Agent's Listings
16
Agent's Exclusive Listings
8
Sanam Ushurova
Prices in FIVE Palm Jumeirah remain unchanged month on month since February

Hotel Apartment · 1 Bathroom · Furnished

Luxurious Sea View | Fully Furnished | High Floor

2,717 AED/sq.ft
637 sq. ft
Studio
1 Bathroom
RERA: 11899
Permit: 7117819590
Ref: MS-2480
Listed: 1 month ago

This Hotel Apartment is represented by Metropolitan Premium Properties

Metropolitan Premium Properties is part of the UAE's largest real estate agencies that chose to partner with houza.

Are you looking to buy a luxurious and fully furnished apartment in a prime location? Then grab this amazing deal and contact our specialist to discuss more details. This fantastic opportunity will soon be wrapped up and carried off by decisive, high-society property investors that know what to do when confronted by a simple, logical choice. Property details: - Studio - 1 bathroom - Fully Furnished - A captivating sea view - Modern and fully equipped kitchen There is no service charges! - 40% / 60% of revenue - Average returns for last year were 7,5% NET. Expected Returns to be 9%-10% this year. - Owners can stay 14 nights complimentary every year. Amenities: - Lux Spa - Private Beach - Multiple Restaurants - Cafes - Basement parking - Swimming pool - State of the art Gym - Children's Play Areas Metropolitan Premium Properties (MPP) is dedicated to delivering our clients a wide array of services: sales, rentals, property management, consulting services, mortgage brokerage, and many more.

Hotel Apartment Amenities: This Property includes Central Ac, View Of Landmark, Shared Pool

Central Ac
View Of Landmark
Shared Pool
Water View
Shared Pool
Central Ac

Find this property in FIVE Palm Jumeirah, Palm Jumeirah

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Investment Opportunity: Charges & Yield

Investing in this property promises a 7.59% 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
7.59%

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