Appartement in The Greens，Al Ghozlan，Al Ghozlan 4, 950000 AED - 16686339

Wateredge Real Estate Brokerage LLC is pleased to present this well-positioned ground-floor studio apartment for sale in Al Ghozlan 4, The Greens, Dubai.

The property offers a practical 495.86 sq. ft. layout and is currently rented at AED 55,650 per year, with the existing tenancy paid in 3 cheques until February 2027.

With no loan or mortgage on the property, this opportunity is particularly suitable for cash buyers looking for an income-generating investment in an established Dubai community.

Property Details
Property Type: Studio Apartment
Location: Al Ghozlan 4, The Greens
Floor: Ground Floor
Size: 495.86 sq. ft.
Annual Rent: AED 55,650
Tenancy: 3 cheques, valid until February 2027
Mortgage: None
Selling Price: AED 999,999
Preferred Buyer: Cash Buyer
Important Note for Buyers

The apartment is currently tenanted. The buyer will need to provide the required one-year notice to the tenant in accordance with the applicable tenancy and property regulations if vacant possession is required.

Investment Opportunity

At an asking price of AED 999,999 and an annual rental income of AED 55,650, the property's gross rental yield is approximately 5.57%, before service charges and other ownership expenses.

Located in The Greens, Al Ghozlan offers residents convenient access to Dubai's major business districts, retail destinations, restaurants, parks, and main road networks.