Sales launch: Apartments from $462k at Skyscape Avenue in Sobha Hartland 2
The sales for Skyscape Avenue in the promising Sobha Hartland 2 district have commenced. This area boasts its own lagoon, beaches, parks, and retail outlets. Apartments start at $462,000, making them ideal for both living and investment. Reservations require just a 2% deposit.
Why this is a smart investment:
• ROI: Approximately 7.8% from rental income.
• Apartment options: 1 to 3 bedrooms, from $462,000.
• Price appreciation: Expected annual growth of 20%.
• Initial payment: Only 2%, starting from $9,240.
• Installment plan: 0% interest over 4,5 years – 60/40 payment plan.
Helping you profit:
• We will secure a tenant for you immediately after you receive your keys and will handle the registration of the rental agreement with the Land Department.
• We assist in selling at peak price to maximize your profit.
• Upon receiving your keys, we will take care of connecting electricity, gas, water, and internet.
Developer:
Location:
• 20 minutes – to DXB Airport
• 12 minutes – to Downtown
Estimated ROI from long-term rental:
– Annual Rental Income: For a 1-bedroom unit in the area, considering rising rental rates closer to project completion – $39,800
– Service charge: $2,100
– DLD: From $18,480
– ROI: Approximately 7.8%