500,000
Own this from just
2,057 AED/monthProperty details
- Bedrooms
- Studio
- Bathrooms
- 1 Bath
- Property type
- Apartment
- Furnishing
- Unfurnished
- Area
- 348 ft²
- Price per area
- AED1,436/ft²
- Available from
- 31 Aug 2026
APARTMENT FOR SALE IN KENSINGTON MANOR, DISTRICT 13Excellent investment opportunity to purchase a **rented studio apartment in Kensington Manor, Jumeirah Village Circle (JVC)**.
This **347 sqft unfurnished studio** is already generating rental income, making it an ideal option for investors looking for an immediate return rather than waiting to find a tenant.
The unit is currently rented for **AED 50,400 per year, including bills**, with the tenancy contract valid until **9 January 2027**. This provides the new owner with secured rental income from an existing tenant.
With annual service charges of approximately **AED 5,000**, the property offers attractive investment potential at the current asking price.
Located in JVC, Kensington Manor benefits from convenient access to supermarkets, restaurants, parks, Circle Mall, and major road connections, making it a popular location for tenants.
### **Investment Highlights**
* Studio Apartment
* Kensington Manor, JVC
* 347 Sqft
* Unfurnished
* Currently Rented
* Rental Income: **AED 50,400 Per Year**
* **Bills Included in Current Tenancy**
* Tenancy Valid Until **9 January 2027**
* Approx. Annual Service Charges: **AED 5,000**
* Asking Price: **AED 500,000**
* **Price Negotiable**
* Immediate Rental Income
* Ideal Investment Opportunity
At an asking price of **AED 500K**, this is an excellent opportunity to acquire an income-generating property in JVC with an existing tenancy already in place.
Rented Studio | AED 50K Income | Investor Deal
This **347 sqft unfurnished studio** is already generating rental income, making it an ideal option for investors looking for an immediate return rather than waiting to find a tenant.
The unit is currently rented for **AED 50,400 per year, including bills**, with the tenancy contract valid until **9 January 2027**. This provides the new owner with secured rental income from an existing tenant.
With annual service charges of approximately **AED 5,000**, the property offers attractive investment potential at the current asking price.
Located in JVC, Kensington Manor benefits from convenient access to supermarkets, restaurants, parks, Circle Mall, and major road connections, making it a popular location for tenants.
### **Investment Highlights**
* Studio Apartment
* Kensington Manor, JVC
* 347 Sqft
* Unfurnished
* Currently Rented
* Rental Income: **AED 50,400 Per Year**
* **Bills Included in Current Tenancy**
* Tenancy Valid Until **9 January 2027**
* Approx. Annual Service Charges: **AED 5,000**
* Asking Price: **AED 500,000**
* **Price Negotiable**
* Immediate Rental Income
* Ideal Investment Opportunity
At an asking price of **AED 500K**, this is an excellent opportunity to acquire an income-generating property in JVC with an existing tenancy already in place.
Amenities
Unfurnished
Built in Wardrobes
Central A/C
Covered Parking
Pets Allowed
Shared Pool
Security
Shared Gym
Children's Play Area
Lobby in Building
Location
About Kensington Manor
Learn moreKensington Manor in Jumeirah Village Circle offers Studio To 2 Bedrooms properties averaging 348 - 1,151 sqft. It currently has 19 active sale listings.
- Properties Listed19
- Price range419.9K - 1.1M
Price Insights
Transactions for Similar Properties
Studio Apartment in Kensington Manor
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 29 Jul 2024 | 450,000 | 348 |
| 23 Jul 2024 | 365,000 | 348 |
| 11 Mar 2024 | 340,000 | 348 |
| 8 Feb 2024 | 270,000 | 348 |
| 16 Nov 2023 | 350,000 | 348 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 25 Oct 2025 | 45,000 | 348 |
| 14 Feb 2025 | 36,000 | 348 |
| 18 Sep 2024 | 36,000 | 348 |
| 6 Sep 2024 | 36,000 | 348 |
| 29 Aug 2024 | 48,000 | 348 |
Powered byDataGuru
This property costs 29% less than the average price of studio bedroom in Jumeirah Village Circle
Average Sale Price is 704,703 AED
This property is 22% smaller than the average size of studio bedroom in Jumeirah Village Circle
Average size is 446 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Jumeirah Village Circle
Provided by
Anas bin Malik
No ratings
Response time
within 15 minutes
Experience
13 years
Closed Deals
2
Languages
English, Arabic, Urdu, Pashto
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