Vacant | Landscaped | 7% NET ROI
AED880,000
Est. Payment AED 3.6K/mo
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Shakespeare Circus 1, Shakespeare Circus, Uptown Motor City, Motor City, Dubai
1 Bed
2 Baths
1,044 sqft

Vacant | Landscaped | 7% NET ROI

Mohammed from White and Co Real Estate is delighted to bring to the market this 1 bedroom apartment nestled in the highly sought-after, landscaped community of Motor City.

This property would be a perfect purchase for an end-user who is looking to live within a tranquil gated community that is filled with lush greenery and beautiful cobbled roads. The unit has been very well-maintained by its past occupier and is now vacant, making it ready to move in immediately upon transfer.

Investors are looking for a well-established area and want to start making a return on their investment, this property is also for you. With annual service charges being at 12,400 aed and recent New Rental Contracts averaging 75k/per annum, this property offers a 7% NET Return On Investment at the asking price.

Property features :

- 1,043.99 sqft in size
- 1 En-suite with wardrobe
- 1 Guest bathroom
- Large living area
- Balcony with a view of greenery

For any more information or viewings please contact Mohammed today.

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - RL-90472
  • CompletionReady
  • Average Rent
  • Added on2 August 2024

Mortgage

Features / Amenities

Balcony or Terrace
Parking Spaces
Swimming Pool
Gym or Health Club
+ 2 more amenities

Trends & Indices

*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.

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