Deal Of The Day Investor Deal
Two Super Luxuryes Studios For Sale I UPPER CREST Dubai Mall Street
1). Unit 02 above 12th floor
Size: 452 Sq. Ft
Selling Price: 950,000AED (259,562$)
1 Parking
2). Unit 02 above 18th floor
Size: 452 Sq. Ft
Selling Price: 950,000AED (259,562$)
1 Parking
Rental expectation for / unit 90,000AED (24,590$) per Year
Total rental income for 2 units 180,000AED (49,180$)/ year
Maintenance charges 18~20AED/sq. ft = to max 9,040AED (2,470$)
So, Net rental income for Unit = 8.5%
Upper Crest completed by 90% - Handover March max April 2016
In addition to the price New buyer has to pay 4% + 5,000AED Oqood and Transfer registration charges to the Dubai Land DepartmentAnd2% commission
Why Hotel Apartments?
This hotel apartment will be fully furnished by Damac and can be put in the rental pool or Rented out on yearly basis individually
All you do is sit back and relax and receive high rental income, tax free in your account every month or every year! It is really a great investment opportunity!