Great Roi I Hotel Serviced I Resale

Dubai, Palm Jumeirah, Five Palm Jumeirah

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1,850,000 AEDEst. Mortgage: AED 12,999/monthFor Sale
  • Ownership Type flat
  • Property Area 647 sqft
  • Bedrooms Studio
  • Bathrooms 1
  • Furnished No
  • Last Updated 10th Aug, 2023

Amenities

Feature that provides comfort, convenience, or pleasure

Property Overview

Five Palm Jumeirah is an award winning Five Star Hotel with iconic views of the Marina Skyline, JBR and Dubai Eye. Located on the trunk of Palm Jumeirah, guest facilities include five star restaurants, swimming pools and beach. In addition, guests have access to the gymnasium, steam room, childrens playground, shops and a 24 hour concierge service.With 470 luxurious rooms and suites Five Palm Jumeirah has something for everyone. Our sleek, city and sea facing rooms are exquisitely furnished with the finest marble, floor-to-ceiling windows and complimentary internet. The expertly designed bathrooms all feature a separate bath and shower, stocked with rituals amenities to invigorate and revive. From Five Palm Jumeirah it takes roughly 20 minutes to drive to Dubai Mall, 5 minutes to Palm Jumeirah, 16 minutes to Burj Al Arab and 15 minutes to The Walk JBR. Dubai International Airport is roughly 28 minutes' drive and the new Al Maktoum International Airport is roughly 38 minutes' drive.* Hotel Studio* 1 Bathroom* 1 Parking spot* Beach Access* Swimming Pool* Steam room* Children's playground* 24hr concierge service* Fully equipped gym- No service charges and no fees.- Returns are based on room revenue and occupancy.- 40% of all revenue is distributed amongst the hotel room owners in the hotel pool on a per sqft basis. 60% of revenue is kept by Five Palm- Average returns for last year were 7.5% Net. Expected Returns to be 9%-10% this year- Please note hotel rooms cannot be used for personal use.- Owner only receives 14 nights complimentary every year.For further details or to arrange a viewing appointment please call or WhatsApp Sam on +971 58 551 0798.Oak Street Real Estate Broker LLC is a licensed real estate agency operating in Dubai, UAE.

Location on Google Map

Dubai, Palm Jumeirah, Five Palm Jumeirah

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