Instant Returns - Investment

Ras Al Khaimah is quickly becoming one of the world’s fastest growing tourism destinations, being crowned 2021 Gulf Tourism Capital by GCC members and recently announcing AED 500 million investment plan for tourism.
Factors such as these make this a great investment opportunity, here are some other key points:
• High footfall – 1,398 residential apartments, customers on your doorstep
• Prime location on Al Marjan Island, Ras Al Khaimah – Walking distance from several popular 5* hotels.
• Booming tourism sector
• Buy direct from the developer – Pay no agent fees
• Service charge – Covered by the tenant
Investment Overview
• Unit: Retail 10
• Tenant: Pure Laundry. Tenanted until January 2024
• Immediate returns: Current annual rental return of 8.8%, with a yearly increase
• Price: AED 850,000
• Size: 1,000.83 sq. ft
• View: Sea
• Guaranteed rental return: Calculated from date of purchase, instant returns

Property Information

TypeShop
PurposeFor Sale
Reference no.Bayut - PA-R10
CompletionReady
FurnishingUnfurnished
Average Rent
Added on22 June 2021

Features / Amenities

Balcony or Terrace

Parking Spaces: 1

Swimming Pool

Floor

+ 24 more amenities

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.