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Great Priced One Bedroom Investment Unit in Reem

  • AED625,000
Shams Abu Dhabi, Al Reem Island, Abu Dhabi
  • Apartment
  • Property Type
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 768
  • sqft
Sale

Great Priced One Bedroom Investment Unit in Reem

Shams Abu Dhabi, Al Reem Island, Abu Dhabi
  • AED625,000

Overview

Reference no.: S-3803
  • Apartment
  • Property Type
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 768
  • sqft

Description

A superb return on investment of 9.7% gross or 8% net, on this compact and bijoux One Bedroom Apartment.  Mid floor, overlooking Sun and Sky Tower, this practical unit comes with an open plan layout, kitchen appliances, bedroom with en-suite, guest WC and balcony.  Lovely tenants who are really looking after the unit very well.  The unit comes with one allocated parking space.View: Sun and Sky TowerSize: 770 sq ftPossession: Tenanted until October 2017 @ AED 90kROI: Gross 9.7%, net 8%Service Charge: AED 14,369 paTransfer fee: AED 24,208Amenities: Pool, gym, security, beach, maintenance on-site.Location:  Mangrove Place is located in Shams District of Al Reem Island, just across the road from Sun and Sky Tower with it's plethora and vibrant mix of shops, cafes and services.  Al Maryah Island and Abu Dhabi city are just 5 minutes by car.  Abu Dhabi International Airport is 30 mins by car.

  • Community Mangrove Place
  • Emirate Abu Dhabi
  • Area Al Reem Island

Details

Updated on January 19, 2021 at 11:17 am
  • Reference no.: S-3803
  • Price: AED625,000
  • Property Size: 768 sqft
  • Bedroom: 1
  • Bathrooms: 2
  • Property Type: Apartment
  • Property Status: Sale

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Mostafa Kassab

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