*** Key figures:
Price per sqft: 1658aed
Currently rented at: 100,000aed
Expected yield: over 7%
*** Description:
You will certainly fall in love with this fully renovated one bedroom apartment in Mag 218 Tower. With full wooden floors and beautiful wallpapers, it will make you want to live here despite being an amazing investment opportunity! This flat is on a high floor as well, which makes it an extremely demanded apartment. CALL NOW for more information!
It has recently been rented out at 100,000 dirhams, which makes it an even better investment option with yearly yields of over 7%!!
*** Mag 218:
Located within the Dubai Marina community, MAG 218 is a landmark property that offers one of the most opulent living experiences in the neighbourhood. Its architecture consists of pure geometric forms enhanced by the concept of clear spaces through the use of advanced construction material and gravity-defying engineering and design. MAG 218s steel structure gradually transitions from the podiums metal cladding to glass glazing on the upper floors, culminating in 5 fully glass-surrounded penthouse levels.
Strategically located in Dubai Marina, minutes away from Dubai Media and Internet Cities.
1 & 2 (all master) bedroom apartments featuring en-suite bathrooms and full-equipped kitchens.
Recreational facilities including outdoor swimming pool above the podium level, as well as a community floor with TV room, event hall, dining room, a state-of-the-art gym.
24-hour security service.
Direct access to new Dubai Tram system.
*** Dubai Marina :
Overview
Dubai Marina is one of the largest man made marinas in the world. It is home to residential & hotel towers which offer an assortment of cafes, restaurants and bars. The Marinas construction started 10 years ago and still continues now making it one of the liveliest and most sought after areas. The Marina walk is a 7km long pedestrian walkway which runs all around the Dubai Marina with cafes and restaurants along the waterfront and boats moored up alongside.
Location
Dubai Marina is situated between the main route Sheikh Zayed Road (SZR) and the Gulf. It Is ideal for commuters to the capital with fantastic access to SZR. Dubai Marina also has a metro station for commuters who take the metro. It has its own Mall, Dubai Marina Mall and is close to other major malls such as IBN Battuta, Mall of the Emirates and Dubai Mall which are only 10 20 minutes away. Dubai Marina is situated next door to Dubai Media City & Internet City which makes it extremely popular for people working in those areas. It runs alongside Jumeirah Beach Resort so is a stones throw from the beach.