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    Exceptional Investment: Fully Rented Hotel Apartments in Jumeirah Beach Residence  | RGEstate UAE

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    Jumeirah Beach Residence
    AED 400,000,000

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    Exceptional Investment: Fully Rented Hotel Apartments in Jumeirah Beach Residence  | RGEstate UAE
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    AED 400,000,000

    AED 400,000,000

    Exceptional Investment: Fully Rented Hotel Apartments in Jumeirah Beach Residence
    Jumeirah Beach Residence Jumeirah Beach Residence

    Facts

    AED 400,000,000
    Permit No 17531
    Reference SAN PP 472
    Added On 29-Aug-2024
    Category Commercial
    Type Hotel Apartment
    Offer Type For Sale
    Size 518,683 Sq. Ft.
    Furnished Yes

    Description

    Property ID: SAN PP 472

    Location: Jumeirah Beach Residence
    Property Type: Hotel Apartment (Rented)
    Ownership: Freehold
    BUA: 518,683 sq.ft
    Total Units: 128

    1 Bedroom: 13
    2 Bedroom: 53
    3 Bedroom: 56
    Loft: 4
    Penthouse: 2
    Retail: 6
    Sale Price: AED 400 Million
    Rental Income: AED 26 Million
    ROI: 6.5%
    Agency Fees: 2% On Sale Price
    Transfer Charge: 4% On Sale Price
    Exceptional Investment: Fully Rented Hotel Apartments in Jumeirah Beach Residence

    This premier hotel apartment building in Jumeirah Beach Residence offers an impressive BUA of 518,683 sq.ft and stands as a landmark investment opportunity. The property features 128 well-appointed units, including a mix of 1-bedroom, 2-bedroom, 3-bedroom apartments, lofts, and exclusive penthouses, along with 6 retail spaces.

    Currently generating a substantial annual rental income of AED 26 million, this asset delivers a robust ROI of 6.5%. With a sale price of AED 400 million, the property is offered with a 4% transfer charge and a 2% agency fee on the sale price.

    This is a rare chance to acquire a high-yielding, strategically located hotel apartment building in one of Dubai’s most sought-after locations.

    Floor Plan Show 3D

    Contact the agent to get the relevant floor plan for this listing
    Advertiser Character: Authorized Advertiser License Number: 1
    Commercial Registration No.: 1

    Sale(1421), Rent(610)

    Thank you Khurram shazad for your submission.
    We will get back to you soon.

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