Raine and Horne proudly presents this studio apartment in the highly sought-after Hanover Square. This fully furnished studio boasts clean and modern living spaces that are perfect for a comfortable lifestyle.
Property Highlights:
- Large studio layout with ample living space (398 sq. ft.)
- Fully Furnished
- Pool view
Building Amenities:
- State-of-the-art gymnasium
- Swimming pool for year-round relaxation
- Professional concierge services
- Prime location near Al Khail Road
- Easy access to public transportation with bus stop nearby
- Perfect for Investors: An income-generating hotel apartment concept.
- Usage Access: Enjoy 4 weeks of personal use per year.
- Returns:
- Gross income: Approximately AED 42,000 per year.
- Post deductions (management fees, service charges, utilities): Net earnings estimated at AED 10,000 or less annually.
- This property is under a hotel management contract.
- Termination of the contract is possible through arbitration for those seeking full control.
Contact Reema Judith on 050 566 8614 today to schedule a viewing appointment.
