HOT LOT: Investor's apartment with 9.6% ROI

25 Jan 2024

A spacious 1-bedroom apartment covering an area of 73 m² is for sale in the Lake Shore Tower located in the JLT area. The unit comes with ready-made renovations and furniture, making it suitable for immediate rental. Your tenant will have access to amenities such as a swimming pool, jacuzzi, fitness club, and a business lounge with a conference room. Enjoy views of the green park and lakes from the windows, and Dubai Marina beach is just a 15-minute drive away.

By car:

• 35 minutes – to Downtown;

• 50 minutes – to DXB Airport.

About the apartment:

• 1-bedroom unit with an area of 73 m²;

• located on the 12th floor;

• finished in light tones;

• fully furnished;

• built-in kitchen appliances;

• all plumbing fixtures installed;

• scenario-based lighting;

• views of the lake and green boulevards;

• includes TV, artwork, and art objects.



Estimated yield:

Annual rent for a similar property in the location – $24,500

Service charge – $2,100

DLD – $8,920

ROI ≈ 9.6%

If you want to see the residence and learn more about the project, call +971 (4) 450-2640 and get a consultation.