Hotel Apartment for sale in Palm Jumeirah, Dubai, UAE: 1 bedroom, 59.2 sq.m. № 44414

Property description

OBG is pleased to offer this amazing 1 bedroom apartment in the beautiful Five Palm Jumeirah.

Unit Details:
- Hotel Rent Pool Yielding 6-7% Annually
- Can go as high as 8-9%
-Double Queen Type
-Low Floor
-Sea and Marina Views
-Area Sq Meter: 59.8 Sq M
-Area Sq Feet: 637.00 Sq Ft
-Common Area: 23.88 Sq Ft

- No service charge
- Owners are entitled to 14 nights complimentary stay every year
- Fully Managed by the Hotel
- Hotel Rooms cannot be used for personal use

Hotel Room in Palm Jumeirah. FIVE Palm offers sophisticated rooms that come with free Wi-Fi, flat-screen TVs, and tea and coffeemakers, along with cocktail bars.

All offer balconies; some add Gulf views.

This fully-furnished immaculate property is set on a high floor and offers a breathtaking view.

Investors can expect up to 8% Return On Investment.

FIVE Palm Jumeirah Dubai is a luxury lifestyle hotel with 470 rooms and suites which encapsulate all aspects of elegance. Ideally located on the iconic Palm Jumeirah island offering picturesque views of the Arabian Gulf and Marina skyline.Every detail of the hotel has been tailor-made through modern design and world-class technology to provide the best guest experience.The property has a range of outlets to suit all your needs from dining, to bars and nightclubs. Chef Bing brings a modern twist of authentic Chinese food to Maiden Shanghai, which is also home to the award-winning Dim Sum Disco brunch. Cinque is an authentic Italian ristorante, bringing a real taste of the Amalfi Coast to Dubai.
PROPERTY FEATURES:
-Balcony
-Basement parking
-BBQ area
-Broadband ready
-Broadband ready
-Built in wardrobes
-Carpets
-Central air conditioning
-Central heating
-Community View
-Covered parking
-Fully fitted kitchen
-Fully furnished
-Gazebo and outdoor entertaining area
-Gymnasium
-Intercom
-Jacuzzi
-Kitchen white goods
-Laundry/washing room
-Marble floors
-On low floor
-On mid floor
-Part furnished
-Pets allowed
-Private garage
-Private swimming pool
-Satellite/Cable TV
-Sauna
-Shared swimming pool
-Solid wood floors
-Steam room
-Storage room
-Study
-View of gardens
-View of parkland
-View of sea/water
-24 hours Maintenance
-Bank/ATM Facility
-Basketball Court
-Beach Access
-Bus services
-Business Center
-Children's nursery
-Children's play area
-Clubhouse
-Communal gardens
-Concierge service
-Cycling tracks
-Fitness Center
-Golf club and clubhouse
-Laundry Service
-Mosque
-Polo club and clubhouse
-Public park
-Public parking
-Public transport
-Recreational Facilities
-Restaurants
-Shopping mall
-Shops
-Tennis courts
-Valet Service
-Walking Trails

Parameters	Dubai
Rent Per Month
Apartment (1 bedroom) in City Centre	8 149.37 AED
Apartment (1 bedroom) Outside of Centre	4 956.00 AED
Apartment (3 bedrooms) in City Centre	15 027.12 AED
Apartment (3 bedrooms) Outside of Centre	10 469.23 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	17 796.17 AED
Price per Square Meter to Buy Apartment Outside of Centre	10 312.35 AED

Parameters	Dubai
Crime Index	15.98
Cost of Living and Rent Index	56.25
Purchasing Power Index	124.81
Property Price to Income Ratio	4.77
Safety Index	84.02
Traffic CO₂ Index	8040.89
Traffic Inefficiency Index	250.73
Rent Index	51.74
Health Care Index	69.68
Groceries Index	45.59
Pollution Index	48.66
Traffic Commute Time Index	36.27
Restaurant Price Index	60.92
Climate Index	50.27
Cost of Living Index	60.43
Quality of Life Index	175.18
Traffic Index	169.33

Parameters	Dubai
Restaurants
Meal, Inexpensive Restaurant	40.00 AED
Meal for 2 People, Mid-range Restaurant, Three-course	300.00 AED
McMeal at McDonalds (or Equivalent Combo Meal)	35.00 AED
Domestic Beer (0.5 liter draught)	45.00 AED
Imported Beer (0.33 liter bottle)	45.00 AED
Coke/Pepsi (0.33 liter bottle)	4.33 AED
Water (0.33 liter bottle)	3.06 AED
Cappuccino (regular)	21.90 AED
Markets
Milk (regular), (1 liter)	7.36 AED
Loaf of Fresh White Bread (500g)	5.81 AED
Eggs (regular) (12)	12.26 AED
Local Cheese (1kg)	34.62 AED
Water (1.5 liter bottle)	2.27 AED
Bottle of Wine (Mid-Range)	52.50 AED
Domestic Beer (0.5 liter bottle)	11.01 AED
Imported Beer (0.33 liter bottle)	17.63 AED
Cigarettes 20 Pack (Marlboro)	23.00 AED
Apples (1kg)	8.57 AED
Chicken Fillets (1kg)	28.46 AED
Oranges (1kg)	6.48 AED
Potato (1kg)	3.76 AED
Lettuce (1 head)	6.11 AED
Rice (white), (1kg)	8.48 AED
Tomato (1kg)	5.88 AED
Banana (1kg)	7.23 AED
Onion (1kg)	4.75 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	34.21 AED
Transportation
One-way Ticket (Local Transport)	6.00 AED
Monthly Pass (Regular Price)	300.00 AED
Gasoline (1 liter)	3.08 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	121 500.00 AED
Taxi Start (Normal Tariff)	12.00 AED
Taxi 1km (Normal Tariff)	3.00 AED
Taxi 1hour Waiting (Normal Tariff)	40.00 AED
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	83 862.25 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	722.09 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	356.14 AED
	216.58 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)	14 744.72 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.94
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	324.04 AED
Tennis Court Rent (1 Hour on Weekend)	177.50 AED
Cinema, International Release, 1 Seat	50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	218.43 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)	206.00 AED
1 Pair of Nike Running Shoes (Mid-Range)	356.13 AED
1 Pair of Men Leather Business Shoes	340.97 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	2 777.42 AED
International Primary School, Yearly for 1 Child	52 658.52 AED

Hotel Apartment in Palm Jumeirah, Dubai, UAE 1 bedroom, 59.2 sq.m. № 44414

Property description

Location

Features

Indoor facilities

Outdoor features