10
Best Price | Great Location | Fully Furnished
Investment Highlights
* Asking Price: AED 799,990
* Fully furnished unit
* Pure investment property (not suitable for end users)
* Existing property management contract transfers to the new owner
* 20 year management agreement with 9 years remaining (expires in 2034)
* After 2034, the owner has the flexibility to self manage or appoint any preferred operator
Hassle Free Ownership
The entire building is professionally managed by Oryx Leasing, providing a truly passive investment experience.
Oryx Leasing:
* Leases the unit on a fully furnished, all inclusive basis
* Collects rental income from tenants
* Pays all operating expenses, including:
* Service charges
* Utilities
* Maintenance
* Transfers the net rental income directly to the owner s bank account, anywhere in the world
Rental Returns
* Current net annual income: Approximately AED 18,000
* Strong potential for rental growth as market rents continue to increase
With the management agreement ending in 2034, investors will enjoy:
* Greater operational flexibility
* Potentially higher rental income through self management or alternative operators
* Additional capital appreciation driven by upcoming metro connectivity
An excellent opportunity for investors seeking passive income today with strong long term upside.
* Asking Price: AED 799,990
* Fully furnished unit
* Pure investment property (not suitable for end users)
* Existing property management contract transfers to the new owner
* 20 year management agreement with 9 years remaining (expires in 2034)
* After 2034, the owner has the flexibility to self manage or appoint any preferred operator
Hassle Free Ownership
The entire building is professionally managed by Oryx Leasing, providing a truly passive investment experience.
Oryx Leasing:
* Leases the unit on a fully furnished, all inclusive basis
* Collects rental income from tenants
* Pays all operating expenses, including:
* Service charges
* Utilities
* Maintenance
* Transfers the net rental income directly to the owner s bank account, anywhere in the world
Rental Returns
* Current net annual income: Approximately AED 18,000
* Strong potential for rental growth as market rents continue to increase
With the management agreement ending in 2034, investors will enjoy:
* Greater operational flexibility
* Potentially higher rental income through self management or alternative operators
* Additional capital appreciation driven by upcoming metro connectivity
An excellent opportunity for investors seeking passive income today with strong long term upside.
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - B-agon-AS-175418
- CompletionReady
- FurnishingFurnished
- Average Rent
- Added on6 July 2026
Features / Amenities
Balcony or Terrace
Lobby in Building
Gym or Health Club
