Net 14.53% ROE | No Agents | Read Description

AED 1,050,000

Overview

  • 1 Bedrooms
  • 1 Bathrooms
  • 473.07 ft2

Description

Exclusive | Fully Furnished 1-Bedroom Apartment in DAMAC Zada Tower, Business Bay

Homes4Life is delighted to present this beautifully furnished 1-bedroom apartment in the heart of Business Bay at DAMAC Zada Tower.

Property Details:
Type: 1-Bedroom Apartment
Size: 473.07 Sq. Ft.
Floor: 2nd
Furnishing: Fully Furnished
Current Rent: AED 95,000
Market Rent: AED 95,000 – 100,000

Mortgage Option Available

Investment Breakdown:
Down Payment: AED 273,000 (20% DP + 4% DLD + 2% Commission)
Monthly Rent: AED 7,741 (Annual Rent: 100K – AED 7,100 Maintenance)
Monthly EMI: AED 4,434
Net Income: AED 3,307

ROI Highlights:
Net ROI (Cash Purchase): 8.84%
Net ROE (With Mortgage): 14.53%

NET ROI & ROE IS CALCULATED AFTER ACCOUNTING FOR ALL OVERHEAD COSTS AND DEDUCTING MAINTENANCE EXPENSES.

For more details or to schedule a viewing, contact Manas Naidu at +971 52 517 7759.

#BusinessBay #DamacZada #DubaiRealEstate #InvestmentOpportunity #HighROI #FullyFurnished

RERA Permit No: 71249121446

Address: Marasi Dr
Country: United Arab Emirates

Property Id: 165192
Price: AED 1,050,000
Property Size: 473.07 ft2
Rooms: 1
Bedrooms: 1
Bathrooms: 1

Outdoor Details
balcony
Other Features
PP
Security

Manas Naidu

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Manas Naidu