Hotel Apartments for Sale in Palm Jumeirah
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About Palm Jumeirah
Palm Jumeirah is the largest artificially created island in the world, developed by Nakheel. It is located on the shores of the Arabian Gulf and is one of the main attractions of Dubai. Built in the form of a palm tree, the island boasts high-class hotels, residential complexes, villas and townhouses. Palm Jumeirah infrastructure includes modern shopping complexes, restaurants, cafes and entertainment venues for all tastes, and a monorail road connects different parts of the island. The palm tree branch and crescent-shaped part of the island is home to spacious villas, townhouses and hotels, while the trunk is home to residential complexes offering a collection of residences for sale from small studios to 6-bedroom apartments.
What types of apartments are for sale at the Palm Jumeirah hotels?
Palm Jumeirah has prestigious coastal hotels and resorts with state-of-the-art infrastructure. Residential properties for sale include: Seven Palm, Seven Hotel And Apartments, The Royal Atlantis Resort & Residences and Anantara The Palm. Choose from 1, 2, 3, 4 or 5-bedroom apartments ranging in size from 56 sq. m / 603 sq. ft to 504 sq.m / 5,425 sq. ft at these exclusive properties.
The interiors of the fully furnished residences, such as The Royal Atlantis Resort & Residences, which is under construction, are done by French designers using leather, marble, metal, porcelain and gold leaf. In turn, ready to move-into Seven Hotel And Apartments The Palm on the top floor offers small 1-bedroom apartments overlooking the Arabian Gulf for sale.
Prices for apartments in Palm Jumeirah
Seven Hotel And Apartments The Palm has a one bedroom apartment at 66 square meters (710 sq ft) for sale at AED 1,300,000 (USD 329,000). Seven Palm offers fully furnished 2-bedroom, 3-bathroom apartments for AED 2,995,000 (USD 757,000) and FIVE Palm Jumeirah’s spacious 3-bedroom, 4-bathroom apartments for AED 5,400,000 (USD 1,365,000).
Features of Palm Jumeirah
Palm Jumeirah is an attractive destination for tourists. The infrastructure of the island continues to develop rapidly and is attractive to investors. You can buy a residence in the hotel for permanent residence, as well as for rental for short or long term tenants.
Some resort complexes are still under construction, and these properties can be purchased more profitably. The most profitable rentals in Palm Jumeirah are apartments with 1 bedroom. ROI of this type of real estate can reach 5.5%. Apartments with 2 bedrooms will bring in a return of about 5.1%, 3-bedroom apartments about 4.1%.