799,999
Own this from just
3,290 AED/monthFully Furnished |Guaranteed Income |Prime Location
This unit is originally a 1-bedroom, currently converted into a spacious studio layout, and can easily be converted back into a 1-bedroom if required. With a total size of 631.41 sq.ft, the apartment offers a smart layout and is maintained under a professional management system.
This is a purely investor-focused property, offering a hassle-free ownership experience. The unit is fully managed by Oryx Leasing under a long-term property management contract, with 9 years remaining until 2034. After the contract expiry, the unit can be self-managed by the owner.
Oryx Leasing handles everything including tenant management, rent collection, maintenance, service charges, and utilities. The owner does not need to appoint any agent. The net rental income is transferred directly to the owner’s bank account anywhere in the world.
Currently, the net annual return is approximately AED 18,000, with strong potential for increase as rental rates continue to rise in the market.
Additionally, the owner is entitled to 28 days of complimentary stay each year. This can be used personally or rented on a short-term basis. Due to its proximity to Miracle Garden and other attractions, this can generate up to AED 10,000 during peak seasons.
This is an ideal opportunity for investors looking for passive income, zero management hassle, and long-term growth in a prime Arjan location.
For more details, please contact us
Property details
Property Type
Apartment
Property Size
631 sqft / 59 sqm
Bedrooms
1
Bathrooms
1
Service Charges
16.69 AED per sqft
Amenities
Furnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Covered Parking
Shared Gym
Private Jacuzzi
Kitchen Appliances
Pets Allowed
Location

Price Insights
This property costs 30% less than the average price of 1 bedroom in Arjan
Average Sale Price is 1,147,198 AED
This property is 20% smaller than the average size of 1 bedroom in Arjan
Average size is 793 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Arjan
Provided by
Experience
2 years
Languages
English, Urdu
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
3,290 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
STB-S-2668-1
Listed
1 hour ago
Broker License
21329
Agency name
STONE BRIDGE REAL ESTATE BROKER L.L.C
Zone name
Al Barshaa South Third
Agent License
96256
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Own this property from just
3,290 AED /month
Fixed rates from: 3.75%
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