Net 14.53% ROE | No Agents | Read Description

Exclusive | Fully Furnished 1-Bedroom Apartment in DAMAC Zada Tower, Business Bay Homes4Life is delighted to present this beautifully furnished 1-bedroom apartment in the heart of Business Bay at DAMAC Zada Tower. Property Details: Type: 1-Bedroom Apartment Size: 473.07 Sq. Ft. Floor: 2nd Furnishing: Fully Furnished Current Rent: AED 95,000 Market Rent: AED 95,000 - 100,000 Mortgage Option Available Investment Breakdown: Down Payment: AED 273,000 (20% DP + 4% DLD + 2% Commission) Monthly Rent: AED 7,741 (Annual Rent: 100K – AED 7,100 Maintenance) Monthly EMI: AED 4,434 Net Income: AED 3,307 ROI Highlights: Net ROI (Cash Purchase): 8.84% Net ROE (With Mortgage): 14.53% NET ROI & ROE IS CALCULATED AFTER ACCOUNTING FOR ALL OVERHEAD COSTS AND DEDUCTING MAINTENANCE EXPENSES. For more details or to schedule a viewing, contact Manas Naidu at +971 52 517 7759. #BusinessBay #DamacZada #DubaiRealEstate #InvestmentOpportunity #HighROI #FullyFurnished