For Sale:
Dubai Apartments
Palm Jumeirah
FIVE Palm Jumeirah
Bayut - Vivid-111
Hotel Room | 6.7% NET ROI | Free Stay
History
Checked
11
AED2,000,000
FIVE Palm Jumeirah, Palm Jumeirah, Dubai
Studio
1 Bath
635 sqft

Hotel Room | 6.7% NET ROI | Free Stay

VIVID Realty is proud to present this Studio apartment in Five Palm.

Property Features:

- BUA : 635 sq. ft.
- Largest layout for studio
- Fully furnished hotel apartment
- No service charges
- No bills
- Pool & EMAAR Beachfront view
- Discounts across FIVE brands
- 14 complimentary nights every year
- Valet parking
- 24/7 concierge
- 24/7 security

Take this opportunity to own a hotel room in FIVE Palm and enjoy a hassle-free investment. With no bills or service charges to pay, you can sit back, relax, and take your annual fees as the hotel manage your unit.

As an owner, you receive 40% of the net room revenue, equal to your properties square foot, meaning that you generate revenue regardless of whether your specific property is occupied or not. In 2022, this meant a payout of over AED 130,000. As this is one of the most well-known hotels in Dubai, you can be confident that this investment will continue to pay out.

At Vivid Realty, we're committed to making your real estate dreams a vivid reality. Contact us to learn more and embark on your journey to your dream home.

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - Vivid-111
  • CompletionReady
  • FurnishingFurnished
  • Average Rent
  • Added on2 April 2024

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