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AED 700,000

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Ref No. AS-168356

Investor Deal - 10% Net ROI - Hotel Apartment

Studio for Sale

  • 80 SqftSize

  • StudioBedroom

  • 1Bath

  • AED 8,750Price per Sqft

  • ApartmentType

  • CommunityView

About this property

**HOTEL Apartment for Sale in Ciel Tower, Dubai Marina** Price: AED 700,000 | Size: 80 sqft | Furnished | 1 Bathroom fäm Properties is pleased to present this exquisite Hotel apartment located in the iconic Ciel Tower, Dubai Marina. This property offers a unique investment opportunity in one of Dubai’s most prestigious waterfront developments by The First Group. Ciel Tower is the highest hotel of the world. The rooms are managed by the hotel. Average occupancy is around 80%. Owners get 7 days a year free stay. in the whole building 25% of each hotel room is owned by individuals. Hotel pays rental income every 6 months to individual owners. Yearly ROI is around 10% and its NET ROI as there are no service charge fees. VERY GOOD DEAL FOR INVESTMENT. Many options are available. **Property Features:** - Size: 80 sqft - Fully furnished and fitted - 1 modern bathroom - Built-in wardrobes - Balcony with stunning community and waterfront views - High floor location ensuring privacy and panoramic ocean, sea, and marina vistas - Smart home system for advanced living convenience - Upgraded interiors with premium finishes **Amenities:** Guests of Ciel Tower enjoy an extensive range of world-class amenities including but not limited to: - Private and shared swimming pools, including a dedicated children’s pool - Fully equipped fitness centre and shared gym - Sauna and spa facilities - Wine cellar - Laundry room - Covered parking and 24/7 concierge services - Elevator access and secure gated community - Lobby and conference rooms - Children’s play area and maid service - Close proximity to metro station, ensuring excellent connectivity - Equestrian facilities within the community - Central and individual air conditioning systems

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fäm properties

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AED 700,000

Was: AED 700,000

You save: AED (% Off)

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Ref No. AS-168356