JUST RENTED, FANTASTIC INVESTMENT 8.00%+
A great investment option, where the numbers simply add up perfectly for any investor looking for a quality small unit to purchase.
Recently rented for 4600aed a month, all inclusively, 50,000aed NET approximately.
Annual service fees are low at 4400aed PA = 8.20% net return.
This Investment option is a great short term rental property if rented daily, weekly and monthly. The Short Term Management of this unit can often see annual lease returns exceed 70k for the year.
This is one perfectly situated investment property, with a low annual service fee and typically a highly desired quality tower.
The studio is a fantastic size, especially in comparison to the rental yields possible for the property. With a small corner kitchen, and the bathroom offset in the hallway, the property really can be re-designed easily for a furnished/unfurnished investment for lease or occupancy.
Conveniently situated adjacent to the Marina bridge taking you directly across to JBR Beach and The Walk.
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - AP351499
- CompletionReady
- Average Rent
- Added on17 December 2019
Features / Amenities
Furnished
Parking Spaces
Swimming Pool
Centrally Air-Conditioned
+ 10 more amenities
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Nicholas Winter
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