Description
The property is located on the ground floor of a modern 10-storey residential building completed in Q4 2022.
The total area is 1,230 m²: interior of 475 m² and surrounding area of 755 m².
Annual income: € 460,000 ($ 500,000).
Yield: 7.3%.
The property is fully let.
WAULT: 5 years.
- Brokerage fee — 2%
- Federal tax (VAT) — 5%
- Registration fee (Dubai Land Department transfer fee) — 4%
The peoperty is located in Dubai Healthcare City, which is home to the UAE's best medical clinics, education centers for medical professionals and pharmacies. The Dubai Mall, Burj Khalifa and Downtown Dubai are approximately 7 minutes away by car.
- Creek Park — 7 min
- Dubai International Airport (DXB) — 15 minutes
- Palm Jumeirah – 20 min