Net 14.53% ROE | No Agents | Read 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.

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RERA Permit No: 71249121446