Viceroy Hotel Resorts Residences in Palm Jumeirah - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Viceroy Hotel Resorts Residences

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	180	32,207	5,800,000

Rents in Viceroy Hotel Resorts Residences

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	100	2,300	230,000
2	160	2,016	322,500

The cap rate (rental yield) of investments into Viceroy Hotel Resorts Residences project is 6.5% on average.

The price of an apartment in Viceroy Hotel Resorts Residences is 32,207 AED/sqm on average.

The long term rent of an apartment in Viceroy Hotel Resorts Residences is 2,083 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Viceroy Hotel Resorts Residences is 5,800,000 AED or 32,207 AED/sqm.

Rent for 1 bedroom apartment in Viceroy Hotel Resorts Residences is 230,000 AED or 2,300 AED/sqm.
Rent for 2 bedroom apartment in Viceroy Hotel Resorts Residences is 322,500 AED or 2,016 AED/sqm.

About Viceroy Hotel Resorts Residences

'Viceroy Hotel Resorts Residences' in 'Palm Jumeirah' area project description

Viceroy Hotel Resorts Residences is a luxurious hotel and residential complex located in the heart of Dubai, United Arab Emirates. The project is a collaboration between Viceroy Hotels and Resorts, a global hospitality company, and Meraas, a leading Dubai-based real estate developer. The project is designed to provide guests with a luxurious and modern experience, while also offering a unique lifestyle experience for residents.

The complex consists of two towers, one of which is a hotel and the other a residential building. The hotel tower is a five-star property, with over 500 guest rooms, suites, and villas. The hotel also features a range of amenities, including a spa, fitness center, swimming pool, and multiple restaurants and bars. The residential tower consists of over 300 apartments, ranging from one to four bedrooms. The apartments feature modern and luxurious amenities, such as fully-equipped kitchens, balconies, and private terraces.

The project also includes a range of retail and dining options, including a variety of international restaurants and cafes. The complex also features a range of leisure facilities, such as a cinema, bowling alley, and children’s play area. The project also includes a range of public spaces, such as a park, a promenade, and a beach.

The Viceroy Hotel Resorts Residences is designed to provide guests and residents with a luxurious and modern experience. The project is located in a prime location, close to a range of attractions, including the Dubai Mall, the Burj Khalifa, and the Dubai Marina. The complex is also close to a range of transport links, making it easily accessible from the rest of the city.

Q&A on Viceroy Hotel Resorts Residences

What are the advantages of 'Viceroy Hotel Resorts Residences' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Viceroy Hotel Resorts Residences is located in the heart of Dubai, offering easy access to the city’s best attractions, shopping, dining and entertainment.

2. Luxury Amenities: The development offers a range of luxurious amenities, including a private beach, infinity pool, spa, fitness center, and more.

3. Investment Potential: The project is expected to provide strong returns on investment due to its prime location and high-end amenities.

4. Flexible Payment Plans: Buyers can take advantage of flexible payment plans, allowing them to spread the cost of their purchase over several years.

5. High-End Finishes: The development features high-end finishes throughout, including marble floors, granite countertops, and designer fixtures.