Luxhabitat is delighted to bring to market this great investment opportunity in Mirdif. This villa compound offers a 6% return on investment and is located in a great position in close proximity to two malls as well as a health centre and Uptown Mirdif. The property is currently fully rented out at AED780,000 with an ability to increase rent in the future and raise the ROI to 7% or more.
The property comprises of six townhouse style villas, each at 2,166 sq.ft. of built up area , with three bedrooms in each of the villas. The property is sat on a generous plot of 14,165 sq.ft. The communal pool is located at the back of the compound with a barbecue space and a deck lounge that can be enjoyed by all the tenants. Townhouse compounds in Mirdif are highly sought after by tenants and are rarely offered for sale, and will generate a steady income stream in years to come due to this high demand, proving a wise investment in the long run.
Call now for more information on this investment or to organise a viewing. Mirdiff is a quiet, but rapidly developing town located in Dubai, it is located next to Rashidiya and Khawaneej residential areas. Mirdiff is a collection of independent villas and apartment communities.
The town is regarded as a practical choice for residence, due to its proximity to various business and commercial districts and its closeness to the Dubai International airport. The town has its own public park, basketball, volleyball and tennis courts as well as a 300 metre walking track, training equipment and extensive play equipment for children.
Mirdiff is popular with the expatriate community due to the multi cultural and peaceful neighbourhood. The recently set up Uptown Mirdiff development has added more dynamism to the town, with an array of shopping, leisure and residential options.
Further developments in the area include upcoming communities, residential blocks and villas. Also the soon to be completed Mirdiff City Centre will give the town a complete new outlook.