Tenanted One Bed Fantastic Investment Over 12% ROI

Overview

Ref:LLJ-S-1320
Price:AED 750,000
Contract type:Sale
Type:Apartment
Location:Al Reef, Al Reef Downtown
Bathrooms:2
Bedrooms:1
Area:797.00 Sq Ft
A fantastic opportunity to buy a tenanted 1 Bed unit in Al Reef Downtown. Tenanted at 95k, pa, this unit provides an amazing ROI in the current market. 

The unit is priced to sell at a net AED 750,000 with a pro rata rent refund in place. The unit is cash owned and would suit an experienced investor who wishes to add a good money maker to their existing portfolio.

Al Reef Downtown
Affordable apartments available for expats to own in a beautiful community . Al Reef Downtown brings together social, retail and commercial facilities for the use and enjoyment of the entire community. The 46 apartment building each standing ground plus 3 stories encompass the following sizes of modern studio, 1, 2 and 3 bedroom apartments. Different views some facing towards garden center, parking available for all apartments.

AL REEF
This community of 2, 3, 4 and 5 bedroom townhouses and low rise apartment blocks is convenient to Abu Dhabi Airport with easy access to the Abu Dhabi-Dubai highway, a direct road to Yas and Saadiyat Islands and onwards to downtown Abu Dhabi. The development has good neighbourhood facilities and community atmosphere.

General amenities

  • Balcony
  • Basement Parking
  • BBQ Area
  • Broadband Ready
  • Broadband Ready
  • Built In Wardrobes
  • Central Air Conditioning
  • Community View
  • Gymnasium
  • Intercom
  • On Low Floor
  • Shared Swimming Pool
  • View Of Gardens
  • 24 Hours Maintenance
  • Bank/ATM Facility
  • Bus Services
  • Children's Nursery
  • Children's Play Area
  • Fitness Center
  • Mosque
  • Restaurants
  • Shops

Map