Reference no: AP-S-7901

Direct Specialist: +971 50 504 7233

- Rented until December for AED 105,000
- Great Investment Returns
- Type J
- 1 Bedroom
- Ground Floor unit
- BUA 815 sq. ft,
- Shoreline Apartment, Palm Jumeirah

This is one of the very few properties on the Palm Jumeirah that will NET you over 5% yield per annum comfortably with potential for more.

The J Type is the smaller of the 1 bedrooms available in the Shoreline but being on the right hand side still offers DIRECT access to your beach and pool areas. Constantly a rental market for these properties with rents now between AED 115-120k per annum.

With the low service charge of AED 11,000 per annum, that means that at this purchase price of AED 1,700,000 you will net 6.5% annually based on AED 120,000 rental.

The property is already rented until December for AED 105,000 which means you will see an immediate return on investment.

Also don't forget the high demand for properties in the Shoreline Apartments on the right hand side, that makes this a very desirable property for either Investors or First time buyers.

Please call to arrange viewings, but also respect that there are tenants inside and it wont be made on the same day

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Aston Pearl Real Estate
Office: +971 4 392 8831 Office Mobile: +971 50 103 6931
Email: info@astonpearlre.com Website: www.astonpearlre.com
RERA ORN: 2169

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