Total projected return:
AED 90,000
Expected rental income:
AED 417/month
Before all property costs and platform fees
Initial investment
AED 50,000
Total rental income
AED 25,000
Value appreciation
AED 15,000
Property Overview
Stake is offering an exclusive opportunity to invest in a
studio
right in the heart of the Dubai International Financial
Center, in one of the most sought after complexes in the DIFC: Central Park Towers.
The property is in one of the most popular buildings in the the DIFC for business travelers
and
tourists, and as such
the unit will be managed as a holiday home from the start, as it will be vacant on transfer.
As
such, this investment is
offered at a price of AED 1,205,977, with a projected gross yield of 14.03% in the first
year,
and after deducting all
expected running costs, the property offers investors a projected net yield of 6.91%.
Upcoming rental payments
Rent: AED 14,098
December 29th, 2022
Rent: AED 14,098
January 26th, 2023
Location
DIFC, Dubai, United Arab Emirates
The financial hub of Middle East, Dubai International Financial Centre (DIFC)
is
located adjacent to the Sheikh Zayed
Road, the Dubai World Trade Centre and the Burj Khalifa. A favourite for young professionals
to
stay in, the community
features a museum, a performing arts center, as well as several art galleries, lounges,
fitness
centers and eateries.
Hosting residential as well as commercial blocks, DIFC features properties that are of high
standards with great
finishes and spectacular architecture.
