Studio Hotel Apartment for Sale with Balcony / Prime location
Shanyraq Properties presents The Millennium Place Marina Hotel as an attractive investment opportunity in Dubai Marina, one of the city’s most sought-after locations. Operated by the Millennium Group,
Modern futuristic hotel features:
- Fully furnished studio room with contemporary amenities, stylish designs, well-maintained facilities, and a nice balcony area (8 m2)
- A management scheme that allows owners to benefit from pooled income without direct management responsibilities
- Pro-rata income sharing, ensuring revenue even if individual rooms remain unoccupied
Investment Highlights:
- Expected ROI: Approximately 5-7% net of hotel management fees, driven by strong and growing occupancy rates
- Cutting-edge facilities: premium finishes, outdoor pool, fitness center, and two onsite restaurants that offer a stylish ambiance and quality service
- Prime location: within walking distance to the metro and tram stations, bus network, and ferry stations providing easy access to the city’s key attractions
- Nearby attractions: Located near the world-renowned waterfront & public beaches and the 7 km Marina promenade, featuring 300 restaurants and the modern Marina Mall with diverse retail outlets
- Hotel ownership income program: Profit share based on the net profit of hotel operations
- Personal use: Owners enjoy two weeks per annum for personal stays
With a highly efficient central reservation system ensuring high occupancy rates, Millennium Place Marina is strategically positioned to capitalize on Dubai's booming demand for premium hospitality. This opportunity is ideal for investors looking to enter the lucrative Dubai Marina real estate market.
Don't miss it contact us immediately!
Modern futuristic hotel features:
- Fully furnished studio room with contemporary amenities, stylish designs, well-maintained facilities, and a nice balcony area (8 m2)
- A management scheme that allows owners to benefit from pooled income without direct management responsibilities
- Pro-rata income sharing, ensuring revenue even if individual rooms remain unoccupied
Investment Highlights:
- Expected ROI: Approximately 5-7% net of hotel management fees, driven by strong and growing occupancy rates
- Cutting-edge facilities: premium finishes, outdoor pool, fitness center, and two onsite restaurants that offer a stylish ambiance and quality service
- Prime location: within walking distance to the metro and tram stations, bus network, and ferry stations providing easy access to the city’s key attractions
- Nearby attractions: Located near the world-renowned waterfront & public beaches and the 7 km Marina promenade, featuring 300 restaurants and the modern Marina Mall with diverse retail outlets
- Hotel ownership income program: Profit share based on the net profit of hotel operations
- Personal use: Owners enjoy two weeks per annum for personal stays
With a highly efficient central reservation system ensuring high occupancy rates, Millennium Place Marina is strategically positioned to capitalize on Dubai's booming demand for premium hospitality. This opportunity is ideal for investors looking to enter the lucrative Dubai Marina real estate market.
Don't miss it contact us immediately!
Property Information
- TypeHotel Apartment
- PurposeFor Sale
- Reference no.Bayut - 103906-Ps5zrN
- CompletionReady
- Average Rent
- Added on2 October 2024
Features / Amenities
Furnished
Balcony or Terrace
Centrally Air-Conditioned
Lobby in Building
+ 10 more amenities
Trends
Mortgage
This property is no longer available
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