Property ID: SAN PP 473

Location: Jumeirah Beach Residence
Property Type: Hotel Apartment (Rented)
Ownership: Freehold
BUA: 376,103 sq.ft
Total Units: 94

2 Bedroom: 44
3 Bedroom: 44
Loft: 4
Penthouse: 2
Retail: 4
Sale Price: AED 270 Million
Rental Income: AED 17.5 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price

Prime Investment Opportunity: Rented Hotel Apartments in Jumeirah Beach Residence

Presenting a premium hotel apartment building in the prestigious Jumeirah Beach Residence, this property spans a total BUA of 376,103 sq.ft. The development comprises 94 units, including 44 two-bedroom and 44 three-bedroom apartments, along with 4 lofts and 2 exclusive penthouses. Additionally, there are 4 retail spaces, enhancing the building's commercial appeal.

Generating a consistent annual rental income of AED 17.5 million, this asset offers a solid ROI of 6.5%. Priced at AED 270 million, the sale includes a 4% transfer charge and a 2% agency fee.

This investment presents a lucrative opportunity to acquire a high-performing, strategically located hotel apartment building in one of Dubai’s most desirable areas.