For Sale:
Sharjah Apartments
Al Tai
Bayut - 959-Ap-S-0485
AED299,000
Al Tai, Sharjah
2 Beds
2 Baths
314 sqft

افضل استثمار بعوائد 10% سنويا مضمونة مدة 5 سنوات

First Student Accommodation in the UAE called ( THE NEST ) in Aljada project
Pure investment property
Very close to the Central hub ( the entertainment area , the walk , and all facilities inside the project )
Very close to the American university of Sharjah
Completion date : December 2021
10 buildings ( Male buildings & Female )
Each building : G+5 - 113 units contains 250 beds ( 2500 bed in total @ all buildings )
10% Guaranteed Gross ROI for every 5 years (1% service charges and 1% management fees ) which will make it 8% Net ROI
After the 5 years ARADA will take the management and ROI will be as per the rentals
ROI to be paid in Quarterly Basis
Payment plan
20% down payment
10% January 2020
10% June 2020
10% January 2021
10% June 2021
40% on completion
Prices Starting from only 314,000 AED

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - 959-Ap-S-0485
  • CompletionReady
  • Average Rent
  • Added on28 May 2019

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