1 bedroom apartment 150 m² Dubai, United Arab Emirates

United Arab Emirates

$1,22M

$8,110/m²

1 bedroom apartment 150 m² Dubai, United Arab Emirates

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ID: 1505748

In CRM: 2117919

ID of the ad on the website or in the company’s CRM

Last update: 24/12/2024

Location

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Country

United Arab Emirates
State

Dubai
Address

West Beach Palm Jumeirah

Property characteristics

Apartment parameters

Price per m²

$8,110/m²
Rooms

2
Bedrooms

1
Total area

150 m²

Building parameters

Number of floors

16

Interior details

Appliances:

Interior Features:

Furnitured
Household appliances
Internet
High ceilings

Exterior details

Exterior features:

Terrace
Elevator

View:

Sea view

Location

First Coastline

Description

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

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, including Booking and Tripadvisor.

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.

Location on the map

United Arab Emirates

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