Modern APT | Best Deal | With Balcony l Laxury

Discover comfort, flexibility, and convenience in this generously sized studio apartment located in Platinum One Serviced Apartments, Arjan. Originally designed as a 1-bedroom, this unit has been smartly converted into a large open-plan studio, offering more space and functionality

Unit Details:
• Size: 631.41 sq ft
• Open-concept layout (convertible to 1-bedroom)
• Fully furnished
• Equipped with white goods
• Flat-screen TV with satellite channels
• High-speed internet and utilities included
• Weekly housekeeping service
• This unit and all other units in the building are entirely managed by Oryx leasing.
• Oryx collect rent on furnished units (all bills paid basis), pay expenses like service charges, utilities, maintenance etc. and then pay the net rent to owners.
• The property management company gives 28 days complimentary stay to the owner, which owner can choose to stay in the unit or rent it out to someone on short term furnished unit (all bills paid) basis. Since this property is close to tourist attraction (miracle garden) the 28 days can earn up to 10k approx if rented during peak season time.
• The property management contract will pass on to the buyer of the unit.
• The property management contract was signed for 20 years with 9 years remaining (expiry date 2034).
• After expiry of property management contract (2034) the unit has to be managed by owner.
• This is purely investor product (not end user product).
• Owner gets the net return from management in 2 payments per year.

Building Amenities:
• 24/7 security & concierge
• Fitness centre, steam room, sauna
• Swimming pool and Jacuzzi
• Reserved covered parking
• Outdoor courtyard and landscaped common areas
• On-site retail including Lifco Supermarket, Francesco’s Pizza, and Red 6 Coffee Shop
Professionally Managed by Oryx Hospitality Group:

Enjoy peace of mind with full asset management services, including maintenance, leasing support, and upkeep of all common areas

Property details

Property Type

Apartment

Property Size

631 sqft / 59 sqm

Bedrooms

Bathrooms

Service Charges

15.41 AED per sqft