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Below Market Price |Cash Buyer only |8.4% NET ROI - UAE, Dubai

Below Market Price |Cash Buyer only |8.4% NET ROI - UAE, Dubai

Regular price $1,431,000.00 USD
Regular price Sale price $1,431,000.00 USD
Sale Sold out
Tax included.
Traditional and international design and architectural concepts have been combined throughout the project to reflect a mix of Arabic heritage and modern lifestyles, aside from elements as wind towers and residences that reflect Emirati, Arabic, and Andalusian characteristics.
Property details
Plot size:10,800 sqft / G+2 building
Sellable area :16,646 sqft
12 apartments (10 two bedroom, 2 one bedrooms)
Leasehold
Ownership till 2098
Rented fully: 570k yearly rented to families and tenants notified to rent increase
Rent will be 620k after two months
Price is not negotiable
Yearly expenses around 170,000 AED (service charges, land rent, maintenance, common area bills)
Net ROI: 8.4%
Amenities:
* Children play area
* 12 car parking slot
* Security
* Shared gym
* Shared pool
Location Connectivity:
* 22 mins drive to The Walk JBR
* 35 mins drive to Dubai International Airport
* 25 mins drive to Burj Al Arab
* 26 mins drive to Al Maktoum International Airport
* 36 mins drive to La Mer by Meraas
* 29 mins drive to Dubai Mall
* 25 mins drive to Mall of the Emirates
* 22 mins drive to Palm Jumeirah
* 18 mins drive to Ibn Battuta Mall

Position see on map
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