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APARTMENT FOR SALE IN MAG 555, MAG 5
Unlock a lucrative investment opportunity with this tenanted studio in MAG 555, situated in the thriving Madina Al Mataar Area of Dubai. Boasting a tenant in place, this property promises an immediate and consistent return on investment for genuine investors seeking a valuable addition to their portfolio.
Step into a thoughtfully designed studio space, maximizing functionality and comfort. The unit is currently tenanted, ensuring a steady income stream from day one. The modern interior features practical furnishings and contemporary finishes, creating an attractive living space that appeals to tenants and enhances rental potential.
MAG 555 is strategically located in the dynamic Madina Al Mataar Area, a burgeoning hub known for its accessibility and development prospects. The studio provides a hassle-free investment opportunity, with a tenant already in residence, making it an ideal option for those looking to capitalize on Dubai's rental market.
This investment gem offers more than just a tenanted studio; it provides a gateway to high return on investment. The MAG 555 development encompasses a range of amenities, including fitness facilities and communal spaces, enhancing the overall appeal for residents.
The Madina Al Mataar Area is poised for growth, making this investment a strategic choice for those seeking not only immediate returns but also long-term appreciation. With the assurance of a tenant and the potential for substantial ROI, this studio in MAG 555 is a compelling opportunity for genuine investors looking to thrive in Dubai's dynamic real estate landscape. Seize the chance to secure a tenanted studio in a prime location and elevate your investment portfolio with the promise of high returns and future growth.
fäm Properties
Contact Us - +971-43691700
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
See all transactions in this location
GENUINE INVESTMENT | TENANTED | SEMI-FURNISHED
Property Type:
Apartment
Property Size:
384 sqft / 36 sqm
Bedrooms:
studio
Bathrooms:
1
Service Charges:
14.96 AED per sqft
Location
MAG 555
Dubai, Dubai South (Dubai World Central), MAG 5
Agent
Khalil Felici
Fam Properties - Branch 9
(328 Properties)
Amenities
Central A/C
Balcony
Shared Pool
Shared Spa
Security
Covered Parking
View of Landmark
Shared Gym
Lobby in Building
Children's Play Area
Description
Step into a thoughtfully designed studio space, maximizing functionality and comfort. The unit is currently tenanted, ensuring a steady income stream from day one. The modern interior features practical furnishings and contemporary finishes, creating an attractive living space that appeals to tenants and enhances rental potential.
MAG 555 is strategically located in the dynamic Madina Al Mataar Area, a burgeoning hub known for its accessibility and development prospects. The studio provides a hassle-free investment opportunity, with a tenant already in residence, making it an ideal option for those looking to capitalize on Dubai's rental market.
This investment gem offers more than just a tenanted studio; it provides a gateway to high return on investment. The MAG 555 development encompasses a range of amenities, including fitness facilities and communal spaces, enhancing the overall appeal for residents.
The Madina Al Mataar Area is poised for growth, making this investment a strategic choice for those seeking not only immediate returns but also long-term appreciation. With the assurance of a tenant and the potential for substantial ROI, this studio in MAG 555 is a compelling opportunity for genuine investors looking to thrive in Dubai's dynamic real estate landscape. Seize the chance to secure a tenanted studio in a prime location and elevate your investment portfolio with the promise of high returns and future growth.
fäm Properties
Contact Us - +971-43691700
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Transactions for Similar Properties
NaN Beds Apartment in MAG 555
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 14 Mar 2024 | 372,000 | 410 |
| 22 Dec 2023 | 390,000 | 347 |
| 3 Oct 2023 | 300,000 | 410 |
| 10 Jul 2023 | 325,000 | 437 |
| 19 May 2023 | 300,000 | 410 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 25 Apr 2024 | 35,000 | 387 |
| 3 Apr 2024 | 36,000 | 437 |
| 1 Apr 2024 | 36,000 | 410 |
| 20 Mar 2024 | 20,500 | 360 |
| 2 Feb 2024 | 30,000 | 437 |
Powered byDataGuru
This property costs 9% less than the average price of studio bedroom in Dubai South (Dubai World Central)
Average Sale Price is 449,844 AED
This property is 11% smaller than the average size of studio bedroom in Dubai South (Dubai World Central)
Average size is 433 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai South (Dubai World Central)
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
1,711 AED
with interest rate of
3.89%
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Reference:
PF-AS-102340
Listed:
3 months ago
Broker ORN:
1858
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Own this from just
1,711 AED/monthKhalil Felici usually responds within 5 minutes
Own this property from just
1,711 AED /month
Fixed rates from: 3.89%
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