AED 350,000
Own this from just
1,440 AED/monthHigher Floor | Best To Invest | Best Location
The apartment comes with good furnishings and is maintained well by the hotel. The occupancy rate of the hotel is about 85% in the year and you can find the lobby pretty busy all the time. The location is very central and with close access to the metro, it adds some real value for any investor TECOM is free zone and it makes documentation process very simple for anyone who likes to establish a company there. Currently the hotel is renting out and giving the yields to the owner.
Tecom is investment arm of Dubai Holding a global investment holding company that develops and manages an extensive portfolio of companies focused on investments, financial services and hospitality. Company Profile: Better Homes is UAE's most recognised property brand, attracting thousands of buyers, sellers, tenants and landlords every month, and offers a broad range of properties across UAE, from studio apartments to spacious villas as well as a variety of commercial spaces. Our solid team of 150 agents boasts unrivalled community expertise across Dubai, Abu Dhabi and the GCC
Property details
Property Type
Apartment
Property Size
329 sqft / 31 sqm
Bedrooms
studio
Bathrooms
1
Location
Price Insights
Transactions for Similar Properties
Studio Apartment in First Central Hotel Apartments
Sold for
Date | AED | Area (sqft) |
---|---|---|
9 Jan 2025 | 1,056,968 | 318 |
6 Jan 2025 | 1,814,175 | 390 |
24 Dec 2024 | 880,000 | 342 |
13 Nov 2024 | 693,000 | 390 |
18 Oct 2024 | 616,000 | 333 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
There are no transactions to display |
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This property costs 58% less than the average price of studio bedroom in Barsha Heights (Tecom)
Average Sale Price is 829,515 AED
This property is 18% smaller than the average size of studio bedroom in Barsha Heights (Tecom)
Average size is 403 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Barsha Heights (Tecom)
Provided by
Betterhomes - Dubai Marina
See all properties (795)Response time
within 5 minutes
Experience
17 years
Closed Deals
12
Languages
English, Hindi, Gujarati
Get the right mortgage for you
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Monthly payment
1,440 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
AP582463
Listed
5 days ago
Broker License
97
Zone name
Al Thanyah First
DLD Permit Number:
7117719110
Agent License
10130
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Own this property from just
1,440 AED /month
Fixed rates from: 3.75%
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