Five Beach Hotel and Residences - prices & Payment Plan announced
Five Beach is set to open in JBR in 2023.
Five Beach, which was formerly under construction as the Corinthia in Dubai's Jumeirah Beach Residence, has been acquired by Five and subsequently rebranded.
It is expected to open in 2023, comprising 227 suites, 102 serviced residences, seven culinary and nightlife venues, a spa, a social swimming pool and a stretch of private beach.
Studios from AED 2,700,000
Three beds from AED 7,395,000
Four bedrooms from AED 17,999,999
Five bedroom full floor from AED 33,557,755
Shell & Core 5 Bedroom duplex Penthouse AED 65,776,68
Normal Plan
30% Down payment
70% On Completion
Post Completion Payment Plan:
2 years Post Completion Payment Plan
+ guaranteed yield 10% per annum for 5 years (3Beds & Studio)
+ guaranteed yield 8% per annum for 5 years (4 Bedroom)
30% Down payment
30% On completion
20% First year
20% Second year
Thanks to its JBR location, the property will overlook the Arabian Sea and boast views of Ain Dubai.
It will be the Five portfolio's third hotel in the emirate, alongside Five Palm Jumeirah and Five Jumeirah Village, and the fourth hotel in total when Five Zurich opens its doors in 2022.
More details about the hotel's offerings are expected to be announced closer to its opening date.
