Great Investment |Fully Furnished| High ROI|Vacant
Property Type:
Apartment
Property Size:
657 sqft / 61 sqm
Bedrooms:
1
Bathrooms:
2
Service Charges:
12.29 AED per sqft
Location
Marina Wharf 1
Dubai, Dubai Marina, Marina Wharf
Agent
Nikolai Novikov
WHITEWILL REAL ESTATE BROKERS L.L.C
(420 Properties)Amenities
Central A/C
Balcony
Shared Pool
Security
Covered Parking
Built in Wardrobes
View of Water
Shared Gym
Children's Pool
Children's Play Area
Description
This property is an an excellent investment for those who want to rent it out and it has an excellent rating in AirBNB thus, an assured source of profit.
A completely renovated apartment with a partial view of the bay on a high floor. Ready to move in and rent out with high profitability. IDEAL FOR INVESTORS.
• The renovation was completed in August, so the apartments can be considered completely new
• Partial view of the Sea
• FULLY FURNISHED with new furniture and appliances
• Direct access to the canal and yacht
• Pool and gym, 24/7 security, steam/sauna facilities
• 2 minutes to tram station
IMPORTANT FOR INVESTORS
• THERE ARE NO OFFERS FOR RENT IN THE BUILDING – there are only three 1 bed apartments for sale with a rather mediocre renovation
• 657 sq.ft
• Balcony
• Stylish and bright interior that attracts attention during rental services
• High floor, which is of great importance when renting out apartments
• Close to the beach, entertainment at Dubai Marina and JBR
The owners are reluctant to sell apartments in this building: over the past year there have been only 4 sales. This indicates extremely high rental profitability.
IDEAL FOR SHORT-TERM AND STABLE RENTALS!
Apartments here are actively rented out on AirBnb with high returns. On average, 17,000 AED per month for the last 3 months. At the same time, employment is for a month in advance.
Estimated profitability with a standard load of 10 months: 170,000 AED per year.
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Transactions for Similar Properties
1 Bed Apartment in Marina Wharf 1
Sold for
Date | AED | Area (sqft) |
---|---|---|
19 Oct 2023 | 1,225,000 | 657 |
24 Jul 2023 | 1,465,000 | 823 |
14 Jun 2023 | 1,300,000 | 823 |
5 Jun 2023 | 1,255,000 | 824 |
9 Jan 2023 | 1,170,000 | 824 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
1 Apr 2024 | 59,771 | 823 |
21 Mar 2024 | 110,000 | 824 |
31 Jan 2024 | 80,000 | 824 |
27 Jan 2024 | 82,000 | 657 |
10 Jan 2024 | 56,760 | 823 |
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This property costs 12% less than the average price of 1 bedroom in Dubai Marina
Average Sale Price is 1,650,113 AED
This property is 22% smaller than the average size of 1 bedroom in Dubai Marina
Average size is 838 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Marina
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
6,053 AED
with interest rate of
3.89%
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Reference:
whitewill-8316866
Listed:
13 days ago
Broker ORN:
26099
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Own this from just
6,053 AED/monthNikolai Novikov usually responds within 15 minutes
Own this property from just
6,053 AED /month
Fixed rates from: 3.89%
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