Back·Palm Jumeirah·FIVE Palm Jumeirah·Luxury 1 BR | Safe investment | 7.28% NET ROI

+11 pics

844 130

Luxury 1 BR | Safe investment | 7.28% NET ROI

FIVE Palm Jumeirah, Palm Jumeirah, Dubai

1 226

Posted on 29 May (6 months ago)

ID 210275

About the 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 Our Real Estate Agency, 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. ¶ Property Features: ✅ Built In Wardrobes ✅ Balcony ✅ Furnished ✅ Waterfront ✅ Sea View ✅ Beachfront ✅ Air Conditioning ✅ Pool ✅ Fitness Centre ♣ Our Real Estate Agency [redacted phone number] 800fam[redacted phone number] [redacted email address] Visit our website famproperties. com Office Registration no: 1858 Broker ID: 8976 Permit

Features / Amenities

The information is given according to data from the developer

Swimming Pool

Dubai

FIVE Palm Jumeirah, Palm Jumeirah, Dubai

Location & Nearby

Regulatory information

Reference

B-May-Twenty-Nine-AS-101507

Listed

6 months ago

Zone name

FIVE Palm Jumeirah

DLD Permit Number

7117819624

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ID 210275

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Back·Palm Jumeirah·FIVE Palm Jumeirah·Luxury 1 BR | Safe investment | 7.28% NET ROI

+11 pics

844 130

Luxury 1 BR | Safe investment | 7.28% NET ROI

FIVE Palm Jumeirah, Palm Jumeirah, Dubai

1 226

Posted on 29 May (6 months ago)

ID 210275

About the property

Property Information

Type

Apartments

Purpose

For Sale

Reference no

B-May-Twenty-Nine-AS-101507

Furnishing

furnished

Added on

May 29, 2024

Completion

Ready

Building Information

Building Name

FIVE AT PALM JUMEIRAH DUBAI

Year of Completion

Nov 14, 2016

Total Floors

Retail Centres

Total Building Area

1201738

Swimming Pools

Total Parking Spaces

871

Elevators

Validated Information

Developer

S K A I ZAYA REAL ESTATE DEVELOPMENT L.L.C

Area

1226

Usage

Residential

Ownership

Freehold

Parking Availability

Yes

Features / Amenities

The information is given according to data from the developer

Swimming Pool

Dubai

FIVE Palm Jumeirah, Palm Jumeirah, Dubai

Location & Nearby

Similar Property Transactions

1 bedrooms apartment in FIVE Palm Jumeirah

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Date	Location	Area (sqft)	Price
15 Nov 2024	Shoreline Apartments	1145	612 675 $
15 Nov 2024	Royal Amwaj Residences	1158	707 980 $
15 Nov 2024	The Palm Beach Towers	956	972 002 $
14 Nov 2024	Oceana	1375	995 257 $
12 Nov 2024	Azure Residences	1143	789 670 $
12 Nov 2024	Shoreline Apartments	1140	844 130 $
20 Aug 2024	FIVE Palm Jumeirah	1225	1 116 430 $
09 Jul 2024	FIVE Palm Jumeirah	1070	898 590 $
08 Aug 2023	FIVE Palm Jumeirah	1225	1 089 200 $
30 May 2023	FIVE Palm Jumeirah	1073	816 900 $
30 May 2023	FIVE Palm Jumeirah	1070	816 900 $
15 May 2023	FIVE Palm Jumeirah	1215	898 590 $