A great investment opportunity to own a well-located apartment in a vibrant tourist area, offering an open view of Al Qasba and the lake, with stable rental income. The apartment consists of two bedrooms and a living room with a practical layout, along with a maid’s room and two bathrooms. The total area is 105 sqm (1138 sqft), with efficient space utilization and a comfortable layout. The unit enjoys a fully open view of Al Qasba and the lake, ensuring natural light and an attractive atmosphere. Currently rented with a net income of AED 48,000 annually, with the tenancy registered under the tenant, making it a ready investment opportunity. The tenant has been stable for years, with the option to vacate the unit at the end of the contract in June, providing flexibility for the buyer. Parking is available on the third floor. The building offers facilities including a swimming pool and a gym, and is located in a lively area surrounded by restaurants and entertainment options. Specifications:
2 Bedrooms and Living Room
Maid’s Room
2 Bathrooms
Size: 105 sqm (1138 sqft)
Open View of Al Qasba and Lake
Parking (3rd Floor)
Rented: AED 48,000 Net
Contract until June
Swimming Pool and Gym
Prime Tourist Location
An ideal investment opportunity with steady income in a high-demand area.