Italy Cluster Studio for Sale | Rented Studio | AED 36K Income | Tenanted Till 2027 | 484 Sq. Ft

Excellent Investment Opportunity in Italy Cluster, International City!
A well-maintained studio apartment in Italy Cluster is available for sale at an attractive price of AED 340,000.
The property offers 484.38 sq. ft. of practical living space and is currently rented for AED 36,000 per year, with the tenancy contract valid until 2027, providing the new owner with an immediate rental income stream.

Property Details:• Studio Apartment
• Italy Cluster, International City
• Size: 484.38 sq. ft.
• Selling Price: AED 340,000
• Current Rent: AED 36,000 per annum
• Tenanted until 2027
• No Balcony
• Ideal for investors
• Attractive entry price
• Immediate rental income

Investment Highlights:With an annual rent of AED 36,000 against an asking price of AED 340,000, the property offers an approximate 10.6% gross rental yield before service charges and other expenses.
This is an ideal opportunity for investors looking for an income-generating property at an affordable price in Dubai. The existing tenancy provides rental income without the need to search for a new tenant immediately.
Contact us today for more details or to arrange a viewing. Serious buyers are welcome.
Alternative stronger title:
10.6% Gross Yield | Rented at AED 36K | Studio | Italy Cluster | AED 340K