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
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
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Select Property LLC
Agent:Dixie Embleton