Luxury 1 BR | Safe investment | 7.28% NET ROI

1 Bedroom Apartment for Sale in Five Palm Jumeirah, Palm Jumeirah, Dubai

  • Size 1,226 sqft

  • Bedroom1

  • Bath2

  • Parkings

  • DeveloperFive Holdings

  • TypeApartment

  • Price per sqft AED 2,529

  • ViewSea

  • Vacant on

About this property

225.857AED GENERATED IN 2023 = 7.28% NET ROI - Monthly income with good ROI net: no services charges, no maintenance, no monthly bill - Genuine resale - 1-Bedroom Hotel Apartment - FIVE Palm Jumeirah - Investment Only - Hassle-free investment - Amazing Sea View - High Floor - Freehold Owner benefits: - Owner occupancy allowance: 14 days/year - Hassle-free hotel investment with good returns paid monthly every 25th of the month - 20% discount for dining & spa services with a FIVE membership card. This unit offers the best view and layout in the project, ensuring a high occupancy rate year-round. In 2023, it generated an impressive income of 225,857 AED, yielding a 7.28% Net ROI—making it one of the top-performing units in the area. Priced competitively, this is the best offer in The Five project. It’s a profitable investment that outperforms typical bank interest rates, making it a solid addition to your portfolio. Key Features: Spectacular Sea View: Enjoy uninterrupted, panoramic sea views from the comfort of your high-floor apartment. High Floor: Experience elevated living with serene and premium vistas. Hassle-Free Investment: Managed by the renowned FIVE Palm Jumeirah team, ensuring seamless operations and maintenance. Monthly Income: Benefit from consistent rental income with high occupancy rates. High ROI: Secure a high return on investment thanks to the property's prime location and superior amenities. As introduced by fäm Properties, this 1-bedroom hotel apartment is ideal for investors looking for a lucrative and stress-free investment. The FIVE Palm Jumeirah is synonymous with luxury and high demand, ensuring your investment yields substantial financial rewards. For more information and to schedule a viewing, kindly contact Fouzia today.

Permit No. 7117819624

Amenities

Average property prices per sqft

Palm Jumeirah Property sales volume

Five Palm Jumeirah location

Nearby schools

DLD Permit Number:

Issued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties.

7117819624

  • Price Reduced
    Robert Kenneth Allsopp
    AED 2,900,000 AED 2537 per Sqft
     1-Bed    2 Bath1,143 Sqft
    Palm Jumeirah, Azure Residences
    Apartment for Sale in Azure Residences
  • Price Reduced
    Eleni Piperidou
    AED 3,500,000 AED 3062 per Sqft
     1-Bed    1 Bath1,143 Sqft
    Palm Jumeirah, Azure Residences
    Apartment for Sale in Azure Residences
  • Price Reduced
    Ivan Baranovskiy
    AED 3,670,000 AED 4194 per Sqft
     1-Bed    2 Bath875 Sqft
    Palm Jumeirah, The 8
    Hotel Apartment for Sale in The 8

Price

AED 3,100,000

Ref No. AS-101507

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