Appartement in Al Rashidiya，Al Rashidiya 2，Falcon Towers, 275000 AED - 16888528

Excellent investment opportunity in Falcon Towers! This spacious studio apartment is located on the 3rd floor and offers a generous area of 690 sq. ft. , making it an attractive option for investors seeking a rental income property.
The apartment is currently rented annually for AED 23,000, with the existing tenancy contract valid until September 2027.
Property Details:

Property Type: Studio Apartment
Location: Falcon Towers
Floor: 3rd Floor
Area: 690 sq. ft.
Parking: 1 Parking Space
Annual Rental Income: AED 23,000
Asking Price: AED 275,000
Tenancy Contract Expiry: September 2027

Investment Highlights:

Currently rented
Annual rental income of AED 23,000
Gross rental yield of approximately 8.36% before expenses
Spacious studio layout
Dedicated parking space

An ideal opportunity for investors looking for a tenanted property with an established rental income.
Contact us today for more information or to arrange a viewing.