Homes 4 Life
Rakesh TolaniRakesh Tolani
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Charming Downtown Investment Gem

AED 2,300,000

Reehan, Old Town, Dubai

Beds
1
Bathrooms
2
Area
944 ft²

Description

Investment Opportunity in Heart of Downtown

Homes4Life RE proudly presents this charming 1-bedroom apartment nestled in the vibrant Reehan 6 of Old Town, Downtown Dubai. This spacious unit, currently tenanted, offers an exceptional investment opportunity with a lucrative rental income of AED 120K, secured until September 2025.

Step inside to discover a thoughtfully designed living space featuring a separate powder room and laundry unit, perfect for your convenience. The apartment comes fully furnished, allowing for a seamless move-in experience. Enjoy the semi-closed kitchen that provides both functionality and style, making meal preparations a delight.

With a generous suite area of 842 sq ft and an additional 102 sq ft balcony, this property effortlessly combines comfort with outdoor leisure. The total size of 944 sq ft also includes one dedicated parking space, a valuable asset in this bustling area.

This apartment is currently on short-term rental, making it an adaptable choice for investors looking to maximize returns.

Community Amenities

Enjoy resort-style living with access to six stunning swimming pools within the Old Town community. This pet-friendly environment is perfect for animal lovers, and residents benefit from advanced face recognition access control for enhanced security. Indulge in boutique coffee shops nearby, and take advantage of the exclusive EV charging station available for residents.

Ideal for:

  • Pet lovers
  • Small families
  • Bachelors
  • Those seeking tranquility near the bustling Central Business District

Experience the allure of Old Town, a pedestrianized residential district inspired by traditional Arabic architecture. Explore the six distinct zones including Yansoon, Zaafaran, Reehan, Zanzebeel, Kamoon, and Miska. With low-rise buildings ranging from four to seven stories, the community is perfectly situated within walking distance of Souk Al Bahar, Dubai Mall, Burj Khalifa, and the mesmerizing Dubai Fountain.

Amenities

Balcony
Security
Pets allowed
Shared pool
Central air conditioning

Regulatory Information

Reference Number
H4L-3612579
Permit Number
7118812000
Listed
10 days ago

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