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APARTMENT FOR SALE IN AFNAN 1, MIDTOWN

Studio | High Floor | Good Price with High RIO

Property Type:

Apartment

Property Size:

432 sqft / 40 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

16.58 AED per sqft


455,000 AED

Own this from just

1,899 AED/month

Stanislav Maltsaev usually responds within 5 minutes



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Location

Map

Afnan 1

Dubai, Dubai Production City (IMPZ), Midtown

Agent

Stanislav Maltsaev

M I R A REAL ESTATE BROKERS L.L.C

(270 Properties)
Residential Insights
Afnan 1
Price Range:64.9K - 104K AED/year

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Description

Mira Real Estate presents: Studio apartment in Afnan by Deyaar Properties is located at Dubai Production City, Dubai and lies in the lively community of Midtown.

Unit Features
- Studio
- 432.60 sqft
- High Floor
- Panoramic Views


Rent
- Rented till 30/09/2024 (non renewable contract) for 26,500 AED
- Rental Market price now: 50,000 AED furnished

Return of Investment
-ROI calculation for the new owner:
Apartment price: 455,000
DLD: 18,200
2% commission: 9,100
Furnishing: 30,000
Trustee: 2,100
Total investment: 514,400
Rent: 50,000
Service Charge: 7,000
Net income: 43,000
NET ROI: 8,35%


Connectivity:
6 minutes’ drive from City Centre Meaisem
8 minutes’ drive from Dubai Sports City
10 minutes’ drive from GEMS Metropole School
16 minutes’ drive from Mall of Emirates
20 minutes’ drive from Palm Jumeirah

Company name: M I R A REAL ESTATE BROKERS L.L.C
RERA ORN: 23743
Address: 6th Floor, Dubai Hills Park Height Square 1, United Arab Emirates
Office phone no: 04-5484594
Website: miraestate.ae

Company Profile: MIRA real estate accredited by Dubai’s TOP developers , offering 400+ projects . We are professional real estate brokerage consulting investors, serving buyers and sellers of luxury property in Dubai . The brokerage is comprised of a close group of talented realtors, with more than 5 years of experience .MIRA brokered many of the City’s largest residential sales, including numerous record-breaking transactions. With unrivaled experience and market knowledge, MIRA real estate is the preeminent brokerage in Dubai.

Transactions for Similar Properties

NaN Beds Apartment in Afnan 1

Sold for

DateAEDArea (sqft)
7 Mar 2024450,000441
1 Feb 2024420,000433
2 Nov 2023410,000675
30 Oct 2023400,000433
30 Oct 2023435,000433

Rented for

DateAED/yearArea (sqft)
5 Apr 202447,000675
12 Feb 202426,000427
1 Feb 202433,000433
20 Jan 202425,300427
28 Sep 202325,300433
See all transactions in this location

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This property costs 2% less than the average price of studio bedroom in Dubai Production City (IMPZ)

Average Sale Price is 464,320 AED

This property is 4% smaller than the average size of studio bedroom in Dubai Production City (IMPZ)

Average size is 451 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Production City (IMPZ)


Get the right mortgage for you

300,000 AED35,000,000 AED
20%
91,000 AED364,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

1,899 AED

with interest rate of

3.89%

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Reference:

MIRA-S-8132

Listed:

1 month ago

Broker ORN:

23743


DLD Permit Number:

7124751816


455,000 AED

Own this from just

1,899 AED/month

Stanislav Maltsaev usually responds within 5 minutes

Report this listing

Own this property from just

1,899 AED /month

Fixed rates from: 3.89%

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