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APARTMENT FOR SALE IN PLATINUM ONE, ARJAN
Investment Highlights
* Asking Price: AED 799,990
* Fully furnished unit
* Pure investment property (not suitable for end users)
* Existing property management contract transfers to the new owner
* 20 year management agreement with 9 years remaining (expires in 2034)
* After 2034, the owner has the flexibility to self manage or appoint any preferred operator
Hassle Free Ownership
The entire building is professionally managed by Oryx Leasing, providing a truly passive investment experience.
Oryx Leasing:
* Leases the unit on a fully furnished, all inclusive basis
* Collects rental income from tenants
* Pays all operating expenses, including:
* Service charges
* Utilities
* Maintenance
* Transfers the net rental income directly to the owner s bank account, anywhere in the world
Rental Returns
* Current net annual income: Approximately AED 18,000
* Strong potential for rental growth as market rents continue to increase
With the management agreement ending in 2034, investors will enjoy:
* Greater operational flexibility
* Potentially higher rental income through self management or alternative operators
* Additional capital appreciation driven by upcoming metro connectivity
An excellent opportunity for investors seeking passive income today with strong long term upside.
Property details
Listed
3 months ago
Property Type
Apartment
Bedrooms
1 Bed
Bathrooms
1 Bath
Furnishing
Furnished
Area
631 ft²
Price per area
AED1,267/ft²
Service Charges
16.69 AED per sqft
Available from
1 Apr 2027
Amenities
Furnished
Balcony
Shared Gym
Lobby in Building
* Asking Price: AED 799,990
* Fully furnished unit
* Pure investment property (not suitable for end users)
* Existing property management contract transfers to the new owner
* 20 year management agreement with 9 years remaining (expires in 2034)
* After 2034, the owner has the flexibility to self manage or appoint any preferred operator
Hassle Free Ownership
The entire building is professionally managed by Oryx Leasing, providing a truly passive investment experience.
Oryx Leasing:
* Leases the unit on a fully furnished, all inclusive basis
* Collects rental income from tenants
* Pays all operating expenses, including:
* Service charges
* Utilities
* Maintenance
* Transfers the net rental income directly to the owner s bank account, anywhere in the world
Rental Returns
* Current net annual income: Approximately AED 18,000
* Strong potential for rental growth as market rents continue to increase
With the management agreement ending in 2034, investors will enjoy:
* Greater operational flexibility
* Potentially higher rental income through self management or alternative operators
* Additional capital appreciation driven by upcoming metro connectivity
An excellent opportunity for investors seeking passive income today with strong long term upside.
Regulatory information
Regulatory information
Reference
PF-agon-AS-175418