Appartement in Muwaileh Commercial，Al Mamsha, 550000 AED - 16986302

Spacious Studio for Sale with a Large Balcony | Top Floor | Excellent Rental Yield

An outstanding investment opportunity: a spacious, functionally designed studio featuring a large balcony on the top floor—offered at a competitive price of just AED 550,000!

If you are looking for a property that is ready for investment and already generating annual rental income, this studio offers the perfect combination of generous space, the privacy of a top-floor location, and an existing tenancy.

Property Details

Property Type: Spacious Studio

Size: 740 sq. ft.

Location: Top Floor

Balcony: Large and expansive

Tenancy Status: Currently tenanted

Annual Rental Income: AED 33,000

Sale Price: AED 550,000

An Investment Opportunity with Rental Yield

Spanning 740 sq. ft. , this unit is notably larger than many typical studios. It also includes a large balcony, providing a practical outdoor space that enhances the unit's overall appeal.

Crucially, the property is currently tenanted at AED 33,000 per year, providing the investor with immediate rental income in accordance with the existing lease agreement.

Approximate Gross Rental Yield: 6% per annum—calculated based on an annual rent of AED 33,000 and a sale price of AED 550,000 (before deducting service charges, maintenance fees, or other expenses).

Why is this property worth your consideration? A spacious area of 740 square feet.

Features a large balcony that adds practical value to the property.

Located on the top floor.

Currently tenanted, generating an annual income of AED 33,000.

Ideal for investors seeking rental income.

Asking price: AED 550,000.

Offered at: AED 550,000 only.

For further details regarding the property, its location, service charges, and the lease agreement, please contact us to arrange a viewing and discuss this investment opportunity.