Apartment for sale in Kentia Residence

Apartment for sale in Kentia Residence, featuring a prime location and a direct view of Al Zahia. This property represents a suitable opportunity for investors looking for a ready and currently rented property with an existing annual rental income and an active tenancy contract.

The apartment is located in Kentia Residence and offers a spacious area of 1,100 square feet with a practical interior layout. It consists of one bedroom, a living room, and two bathrooms, providing comfortable living spaces suitable for individuals, couples, or small families.

One of the key features of the apartment is its direct view of Al Zahia, providing an attractive outlook and adding value to the property for both residential and investment purposes. The location and view make the unit appealing to buyers looking for a property that can be used for personal residence or rented out in the future.

The apartment is currently rented for AED 32,000 per year, providing the buyer with an existing rental income without the immediate need to find a new tenant after purchase. The current tenancy contract has 11 months remaining, giving the investor a clear rental period and expected income during the remaining contract term.

The asking price is AED 506,395, making this an accessible investment opportunity for buyers looking for a property with a clear purchase price and an organized payment structure.

The required down payment is AED 200,000, while the remaining balance is AED 306,395. The remaining amount is payable through a monthly installment of AED 7,853, allowing the buyer to spread the remaining financial commitment over a structured payment plan rather than paying the full balance at once.

This apartment combines several important investment factors, including its price, spacious 1,100 square foot area, direct view of Al Zahia, and current rental income. The property is already occupied by a tenant, with an existing annual rent of AED 32,000 and 11 months remaining on the current