Avani Palm View Dubai Hotel & Suites — project image
✓ Resale Available

Avani Palm View Dubai Hotel & Suites

From AED 2.80M·Completed Aug 2021·Developer payment plan available Payment
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AED 2.80M
Starting Price
Aug 2021
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

Avani Palm View Dubai Hotel & Suites is an elite complex from ALFAHIM Group, located in Dubai Media City opposite Palm Jumeirah. The project consists of a hotel and 263 private residences. This property includes fully furnished apartments with 1-4 bedrooms. Panoramic windows offer spectacular views of the sea, the famous palm island and the city landscape. The apartments have an open floor plan. Each residence has at least one balcony, and most 2-4-bedroom apartments also have a staff room and a home office. The apartments are decorated with natural oak parquet and granite tiles. The colors of the interior design are designed in a calm, neutral palette, where white and gray-blue shades are harmoniously combined with warm tones of natural wood. Property owners have at their disposal all the services and facilities of the hotel. The complex offers ideal conditions for a comfortable life and a luxurious holiday. These include: valet and concierge services, an outdoor infinity pool with panoramic city views, a gym, a spa, a sauna, a cinema, and a conference room. The complex is surrounded by bars, restaurants and many social and entertainment facilities. The project is located about a 5-minute drive from the main thoroughfare of the city, Sheikh Zayed Road, so residents can easily reach all the popular areas of Dubai.

Project Specifications
DeveloperALFAHIM Group
LocationDubai Media City
Unit Types1 BR, Apartments
AreaDubai Media City
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 120,820 / year
Cash-on-Cash
2.2%
Levered cashflow AED 28,420
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.29M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Avani Palm View Dubai Hotel & Suites — View 2
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Astraterra Properties

Official Documents

Download official marketing materials from ALFAHIM Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Butler service
Central A/C
Cinema
Concierge Service
Conference room
Covered Parking
Dining outlets (coffee houses & restaurants)
Leisure areas
Lift
Lobby
Private beach access
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Valet parking

Location

Dubai Media City

Nearby Destinations

Dubai Media City

Developer and Project Facts

01

Avani Palm View Dubai Hotel & Suites by ALFAHIM Group

02

Located in Dubai Media City

03

Starting from AED 2,800,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Aug 2021

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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