Property description

8 units of fully furnished one bedroom apartments with sea/Burj Al Arab view for sale in Fairmont Residence at a very good price!

Features:

• Fairmont Residence Palm Jumeirah
• 8 units of onebedroom apartments
• 6 units type G (total area:1,357 sqft) (Net area: 1,206 sqft)
• 2 units type F (1,508 sqft)(Net area: 1,206 sqft)
• Sea/Burj Al Arab view
• Fully Furnished
• Vacant on January 2016
• Rental market price of one bedroom: 160,000 AED/year (high demand)
• Service charges: 16.6 AED/sqft (based on net area)
• Total Price: 16,900,000 AED

ROI Summery:

Rent income: 160,000 x 8 units = 1,280,000 AED/year
- Service charge: 160,156 AED/year
Net ROI = 1,119,844 AED/ year (0.66 %) NET


Call Abdallah Noureldin on +971 506918489 / 04-2798743 or visit www.jk-properties.com for further details

About Fairmont Palm:

The Fairmont Palm Residences offers exclusive living for connoisseurs of luxury, directly linked to the five star Fairmont Palm Hotel and Resort, which is located on the artificial archipelago in Dubai, Palm Jumeirah. These luxuriously appointed residences feature a spacious bedroom, two multi piece bathrooms, and a dedicated living space with a large balcony overlooking the Dubai Marina skyline and the Arabian Gulf.

Comprising 558 deluxe apartments, townhouses and penthouses, each of which boasts unusually spacious floor plans and exceptional appointments; Residences, Palm Jumeirah offers exclusive luxury island living. Both the Residences North and South are adjacent to the five-star Fairmont The Palm hotel. As such, residents benefit from proximity to a wide-range of serviced facilities including a gymnasium, sports facilities, restaurants, a kids' club and swimming pool, as well as the nearby boutiques and restaurants of the Golden Mile, Palm Jumeirah..

Facilities:

• Housekeeping and Maintenance Services
• Swimming Pool
• Private Beach
• Modern Health Club
• Children's Playground
• Cafes and Restaurants
• 24 Hour Security
• High Speed Elevators

Call Abdallah Noureldin on +971 506918489 / 04-2798743 or visit www.jk-properties.com for further details

Property Features :

• Fully fitted kitchen
• Carpets
• Balcony
• Shared swimming pool
• Kitchen white goods
• Marble floors
• Fully furnished
• Built in wardrobes
• Central air conditioning
• Basement parking
• View of sea/water
• Gymnasium
• Broadband ready