Location
Property characteristics
Apartment parameters
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Price per m²€7,796/m² -
Rooms2 -
Bedrooms1 -
Total area150 m²
Building parameters
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Number of floors16
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
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
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