Rented Property Julphar Towers - Investment Offer

Julphar Towers - Two Bedroom Apartment

Freehold Investment Opportunity

We are delighted to offer this currently rented two bedroom apartment as an investment opportunity or home for the future. Purchasing this apartment will provide instant income from the existing tenant and present a solid investment for the future with average expected growth of 10% per year over the coming years.

Julphar Towers is an already established landmark development in Ras Al Khaimah designed and constructed by RAK Properties. The building is currently at the end of an ambitious renovation project which will be completed in November. The NEW Julphar Towers will feature more modern amenities as well as a luxury retail mall and a series of new restaurants with terrace seating making this a desired location to visit or reside at. Everything combined, this makes for an attractive investment offer.

Investment Summary:

- Rented until September 2025
- Yearly Rent - 56,000 AED
- Yearly Growth Expectation: 8-12%

Property Summary

- Large Open Living Space with Balcony
- Semi-fitted Kitchen with pass through to living room
- Master Bedroom - ensuite with balcony
- Second Bedroom - ensuite with balcony
- Guest WC
- Significantly Larger than other two bedroom apartments
- Amazing Views

Development Summary

- Newly Renovated Mini Mall
- Terrace Restaurants
- Swimming Pool
- Gym
- Security
- Basement Parking
- Central Location

To discuss this investment opportunity please contact Neill on +971 54 225 0777

We have a number of residential and commercial properties available for rent and sale, please get in touch for more information.

Property details

Property Type

Apartment

Property Size

1,500 sqft / 139 sqm

Bedrooms

Bathrooms

Available from

13 Nov 2024