Residential complex FIVE Palm Jumeirah Hotel — buy-to-let apartments with a minimum yield of 7.5% in a luxury hotel complex by FIVE Hoding, Palm Jumeirah, Dubai

Dubai, UAE
from
€422,458
;

Location

  • Country
    UAE
  • State
    Dubai

About the complex

First-class apart-hotel right on the beach offers its guests restaurants, swimming pools, SPA, places for business meetings, banquets and parties. This place is famous for its 150-meter sandy beach and night club on the roof of the building.

The complex includes 470 luxurious rooms, which are furnished with exquisite furniture. The windows offer stunning views of the sea, harbor and city.

Facilities and equipment in the house
  • fitted kitchen
  • full-length windows
  • king-size beds
  • high-speed internet
  • finest marble
  • bathrooms all feature a separate bath and shower
Advantages

The apartments in this complex are already successfully rented out and placed on the most popular sites.

40% of the income is distributed to the owners under the pool system.

The average yield for the last year was 7.5% net. In 2022, a yield of 9-10% is expected.

The owner has the right to stay in the room 14 days a year.

The buyer can obtain a residence permit of Dubai for investments in real estate in the amount of $ 205,000.

Location and nearby infrastructure
  • The complex is located right at the "base" of the palm, next to Dubai Marina.
  • Dubai Internet City is only 5 km away.
  • The nearest golf course is 7 km away.
  • Hospital - 8.5 km away.
  • Dubai Hills Mall - 14 km away.
  • International airport - 40 km away.
Updated at: 16/05/2024

Location on the map

Dubai, UAE

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The residence features lounge areas, an outdoor cinema, a business center, a cafe, a kids' pool and a playground, a barbecue area, a library, a gym, a dance studio, a mini golf course, sports grounds, a swimming pool, a jacuzzi, a beauty salon, a yoga deck, a health club. Completion - 4th quarter of 2026. Location and nearby infrastructure Dubai International Airport - 30 minutes Downtown Dubai - 20 minutes Burj Khalifa - 22 km Dubai Marina - 20 minutes
Agency
TRANIO
Dubai, UAE
from
€158,798
Finishing options Finished
The year of construction 2024
Number of floors 5
Area 38–73 m²
2 properties 2
Free selection of real estate. Objects from the best developers. Full legal support of the transaction. Luma 22 is a project under construction in the Jumeirah Village Circle area. The complex is located in the center of one of the most promising areas of Dubai Jumeirah Village Circle, a 15-minute drive from the sea. Luma 22 5-storey residential complex customizing studio, 1,2,3 bedroom apartments with convenient layout. Jumeirah Village Circle — is one of the fastest growing neighborhoods in Dubai offering easy access to any infrastructure in the city: work, schools, shopping centers, entertainment and sports. A 30-minute drive from Al Maktoum and Dubai International Airports. Infrastructure: - rooftop pool; - a spacious lobby with a round-the-clock concierge service; - gardens in the courtyard; - a children's playground in a closed zone in the middle of green spaces; - gym; - underground parking. Location: In 5 minutes, residents of Luma21 will be able to reach: - pharmacies LIFE Pharmacy – JVC LIFE; - Tudomart Supermarket supermarket; - the nearest bus stop JVC, Sandoval Lane Apartments 1; - The 5-star hotel FIVE Jumeirah Village Hotel, where you can dine at one of the elite restaurants and bars or relax in the spa; - Green Park JVC – Halfa Park. As for the sights, the most popular entertainment of the emirate, as well as the airports of Dubai, the path to them will take less than half an hour: - Burj Al Arab – 15 minutes; - Dubai Mall, Burj Khalifa and singing fountains, Dubai Marina Walk and Marina Beach, Palm Jumeirah – 20 minutes; - Theme Parks IMG Worlds of Adventure and Global Village, Ras Al Khor Wildlife Sanctuary with pink flamingos, Dubai International Airport ( DXB ) – 25 minutes; - Al Maktoum International Airport ( DWC ) – 30 minutes. Plus working with us: - We guarantee safe transactions with full legal support. - We will select for you the best promising objects for investment and life. - Let's tell you everything about the real estate market, about life in Dubai. - We will conduct a free consultation and save your time finding suitable options and buying. - We work without a commission. With pleasure we will answer all your questions, call or write! We will advise on all objects of Dubai for free!
Agency
DDA Real Estate
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DDA Real Estate
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from
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Agency
TRANIO