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AED 2,149,888

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Ref No. AS-81695

Vacant | Huge Private Terrace | Pool View

Apartment for Sale

  • 1,897 SqftSize

  • 2Bedroom

  • 3Bath

  • AED 1,133Price per Sqft

  • ApartmentType

  • Burj KhalifaView

About this property

This is a very rare 2 bedroom apartment with a large private terrace in Burj Views facing the pool and community. The unit can be vacant on transfer or you can continue to reap the very high returns. The apartment is currently on lease given on Holiday Homes for the last 6+ years with lease rental terms variable based on occupancy. The lease can be ended by either party without any penalty and at short notice (if necessary). They currently take care of the maintenance, repairs, and furnishing. The lease generates revenues of around AED 18K per month during peak seasons (Sept-Mar) and AED 10K during off season (Apr-Aug) aggregating to AED 165K-175K annually. The net to owner after 25% management fee is an average of AED128K per annum. -Furnished -590 Sq ft Large Private Terrace – the only apartment with a private terrace -Both Bedrooms with attached bathrooms -2 ½ Bathrooms -Master bedroom with full wardrobes -Living and Dining room -Living room with two balconies -Balcony overlooking swimming pool -Fully equipped kitchen – Refrigerator, Dish Washer, 4 burner electric Cooking Range -Washing cabinet with fully automatic front loading Washing Machine -Only 3 flats on the floor. -Direct access to a common terrace that connects to other buildings. -Pets Allowed Amenities in the building include: -Indoor basketball court -Indoor badminton court -Shared Swimming Pool -Shared Gym -Lounge -Children's play area. -Party room -Large common terrace area with Barbeque units Other facilities in the building include -Carrefour Express -Caribou Coffee -Pizza outlet -5 minutes walk from Dubai Mall -Covered Parking for 1 vehicle -Concierge facility at reception -24hrs security

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AED 2,149,888

Was: AED 2,149,888

You save: AED (% Off)

Call
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Message
OR

Ref No. AS-81695