HOT LOT: Investor's apartment with 9.6% ROI
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.
Price:
$223,000
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.