Breathtaking View | Premium Management| High Floor

Hotel Apartment for Sale in First Central Hotel Apartments, Barsha Heights, Dubai

  • Size 336 sqft

  • BedroomStudio

  • Bath1

  • Parkings

  • DeveloperThe First Group

  • TypeHotel Apartment

  • Price per sqft AED 1,991

  • ViewCommunity

  • Permit No.7117719111

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About this property

Hotel & Hotel Apartment for sale in First Central Hotel Apartments, Barsha Heights (Tecom) Discover this elegant studio hotel apartment located in the prestigious First Central Hotel Apartments in Barsha Heights, managed under professional hotel management for your convenience. This fully furnished unit offers a stylish, turnkey living space, perfect for Tourist, Families and investors seeking hassle-free rental returns. Enjoy access to premium hotel facilities, including a rooftop pool, gym, sauna, restaurants, and 24/7 concierge services. The apartment boasts breathtaking skyline views and is ideally situated just a short walk from the Dubai Internet City Metro Station, with easy access to major public transport links, Sheikh Zayed Road, and key business hubs. Key Features: Fully furnished studio apartment Under hotel management – ideal for investors High-floor unit with skyline views Access to hotel amenities Prime location in Barsha Heights Close to metro and public transport ​Investment and Returns (ROI) ​The property is a service hotel apartment (First Central). ​All property fees and service charges are paid by the property itself. ​Revenue is shared equally among all 300 investors to avoid misbalance. ​The estimated ROI is generally 6% to 6%, dependent on the year's business performance. ​Estimated annual ROI is around 36,000 AED for a Studio and 48,000 AED for a One-Bedroom Suite. ​The property is fully managed, and investors are paid every six months. ​Free Stay Benefits ​Each unit receives 14 days of free stay per year, usable anytime. ​The stay is valid at any hotel under the First Central Group in Dubai, not just the specific building. ​The stay is in a hotel of the same standard or better. ​The value of the 14-day stay is approximately 7,000 to 8,000 AED per year. ​Additional Perks ​Investors get access to the Inner Circle, which provides benefits like free access to a private beach and various discounts. This apartment is ideal for investors seeking a turnkey property with excellent rental potential in a vibrant, well-connected community. First Central Hotel Apartments is renowned for its premium lifestyle offerings and strategic location in Barsha Heights, Dubai. This is a great investment opportunity in a sought-after location with strong rental demand and attractive returns. Barsha Heights, formerly known as TECOM, is a dynamic and cosmopolitan neighborhood in the heart of Dubai. Strategically situated along Sheikh Zayed Road, it offers seamless connectivity to key business hubs like Dubai Internet City, Dubai Media City, and Knowledge Village, as well as leisure destinations such as Dubai Marina and Downtown Dubai

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AED 669,000

Ref No. AS-146535

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