Grand Heights Hotel Apartments presents an excellent investment opportunity in the vibrant Barsha Heights (formerly Tecom). This 4-star hotel offers easy access to Dubai’s famous attractions, making it ideal for both short and long stays.
- 547.88 sq ft + 1 parking
- Selling price 800 000 AED
- Fully furnished 1 bedroom apartment: dining area, comfortable seating area, fully equipped kitchen, flat-screen TV, washing machine, stovetop, refrigerator, microwave, kitchenware and an oven, en-suite bathroom
- Modern facilities: roof top swimming pool, steam room, wellness, fitness center, and onsite restaurants, access to the hotel's luxury beach-club on Palm Jumeirah via transfer
Prime location:
- 5 min walk to metro and bus networks
- Easy access to 3 of the city’s major roads
- Mall of the Emirates – 5 km
- Dubai Marina and JBR (walk and beach) – 6.5 km
- Palm Jumeirah – 6.5 km
- Dubai Mall – 17 km
- Nearby Amenities: Famous cafes, supermarkets, and shopping centers in close proximity.
Investment Highlights:
- High ROI driven by strong and growing tourism in the location, average rate per night 700 AED and excellent reviews for the hotel on booking.com
- Hassle-free management scheme that allows owners to benefit from pooled income without direct management responsibilities
- Pro-rata income sharing, guaranteeing revenue even if individual rooms remain unoccupied
- No Service charges for landlords
- Personal use: Owners enjoy 15 days per annum for personal stays regardless of the season, with advance notice
- Limited number of hotel apartments (only 184) in the building
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Features / Amenities
The information is given according to data from the developer
Swimming Pool
Car Parking
Kids Play Area
Dubai
Grand Central Hotel, Barsha Heights (Tecom), Dubai
Posted on 27 December (13 days ago)
ID 459610
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