AED 860,000
Own this from just
3,537 AED/monthstudio
1 Bathroom
624 sqft / 58 sqm
APARTMENT FOR SALE IN ELITZ BY DANUBE, JUMEIRAH VILLAGE CIRCLERE/MAX TOP NEOM is delighted to offer this fully furnished Studio in Elitz located in Jumeirah Village Circle (JVC) with 1 percent instalments till 2029.
PROPERTY DETAILS:
* STUDIO
* 1 Bathroom
* 1 Parking
* Area: 624.63 Sq. Ft.
* PRICE: AED 860,000/-
AMENITIES AND FEATURE:
* Height Floor
* Landscape - villas View
* Payment plan is unique
* %1 monthly
* Handover 4th quarter of 2025
* First handover in Danube elite projects
* Fully furnished
* Smart home
**EXPECTED ROI
The apartment price is AED 860,000.
You pay a down payment of AED 391,000 upfront.
The remaining balance (AED 469,000) is paid over 5 years in monthly installment of AED 7,600.
HANDOVER AND EXPECTED RENT:
*Handover: Expected in 2025.
The rental income after handover is around AED 75,000 per year.
RENTAL INCOME:
Once the apartment is rented for AED 75,000 per year, this income helps cover your monthly installment of AED 7,600.
RETURN ON INVESMENT (ROI):
Annually, the rental income (AED 75,000) will cover about 82% of your total yearly installment (7,600 x 12 months = AED 91,200).
So, you’re barely paying much out of pocket, as rent will offset most of the installment costs.
CAPITAL APPRECIATION:
Over time, property values typically increase, giving you the potential for capital growth if you decide to sell in the future.
BOTTOM LINE:
The annual rent covers a significant portion of the monthly installment, and as property value appreciates, this investment will provide a strong return over time.
UNIQUE INVESTMENT| PRIME LOCATION | MOVE IN 2025
PROPERTY DETAILS:
* STUDIO
* 1 Bathroom
* 1 Parking
* Area: 624.63 Sq. Ft.
* PRICE: AED 860,000/-
AMENITIES AND FEATURE:
* Height Floor
* Landscape - villas View
* Payment plan is unique
* %1 monthly
* Handover 4th quarter of 2025
* First handover in Danube elite projects
* Fully furnished
* Smart home
**EXPECTED ROI
The apartment price is AED 860,000.
You pay a down payment of AED 391,000 upfront.
The remaining balance (AED 469,000) is paid over 5 years in monthly installment of AED 7,600.
HANDOVER AND EXPECTED RENT:
*Handover: Expected in 2025.
The rental income after handover is around AED 75,000 per year.
RENTAL INCOME:
Once the apartment is rented for AED 75,000 per year, this income helps cover your monthly installment of AED 7,600.
RETURN ON INVESMENT (ROI):
Annually, the rental income (AED 75,000) will cover about 82% of your total yearly installment (7,600 x 12 months = AED 91,200).
So, you’re barely paying much out of pocket, as rent will offset most of the installment costs.
CAPITAL APPRECIATION:
Over time, property values typically increase, giving you the potential for capital growth if you decide to sell in the future.
BOTTOM LINE:
The annual rent covers a significant portion of the monthly installment, and as property value appreciates, this investment will provide a strong return over time.
Property details
Property Type
Apartment
Property Size
624 sqft / 58 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Balcony
Private Pool
Private Gym
Private Jacuzzi
Shared Pool
Security
Covered Parking
Walk-in Closet
Kitchen Appliances
View of Landmark
Project information
Location
Price Insights
Transactions for Similar Properties
Studio Apartment in Elitz By Danube
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 25 Oct 2024 | 624,000 | 439 |
| 7 Oct 2024 | 615,000 | 440 |
| 4 Oct 2024 | 793,000 | 424 |
| 25 Sep 2024 | 663,000 | 440 |
| 24 Jul 2024 | 735,360 | 625 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
 There are no transactions to display | ||
Powered byDataGuru
This property costs 37% more than the average price of studio bedroom in Jumeirah Village Circle
Average Sale Price is 626,571 AED
This property is 38% bigger than the average size of studio bedroom in Jumeirah Village Circle
Average size is 451 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Jumeirah Village Circle
Provided by
Mohamed Tarek
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Top Neom Real Estate
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Experience
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Languages
English,Arabic
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Monthly payment
3,537 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
TAR006-S-ELITZ-STD
Listed
6 days ago
Broker License
21973
Zone name
Al Barsha South Fourth
DLD Permit Number:
71468030342
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Own this property from just
3,537 AED /month
Fixed rates from: 3.75%
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