AED 499,880

Own this from just

2,056 AED/month
Studio
1 Bathroom
413 sqft / 38 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN FIRST CENTRAL HOTEL APARTMENTS, BARSHA HEIGHTS (TECOM)

Hotel Apartment | Prime Location| Investors Choice

Harbor Real Estate, the sole agency honored with a gold ranking for 6 consecutive years by the Dubai Land Department, is pleased to present The First Central, Barsha Heights, Dubai. This stunning, spacious, and modern studio apartment offers 413.12 sq. ft. of luxurious living space.


Property Features:


- Type: Studio Apartment
- Bathroom: 1
- Built-Up Area: 413.12 sq. ft.
- Condition: Fully Furnished
- Amenities: Gym and Swimming Pool
- Management: Operated by Hotel


This fully furnished studio apartment is an exceptional investment opportunity, promising a significant rental yield in one of Dubai's most sought-after communities. 


Investment Details:


- Price: AED 500,000
- Potential Gross Rental Yield: Up to 10%
- Payment Structure:
- 40% to the Owner
- 40% to the Hotel
- 20% for Services


Community Highlights:


- Stylish Accommodation
- Business Hub
- Family-Friendly
- Central Location


About Barsha Heights:


Nestled in the dynamic heart of Dubai, Barsha Heights (formerly known as Tecom) is a vibrant urban community that offers a unique blend of residential, commercial, and lifestyle amenities. This pulsating neighborhood is renowned for its lively atmosphere, making it an ideal location for both living and investing.


For more details or to schedule a viewing, please contact +971 509166543 or +97143251616.



Property details

Property Type

Hotel & Hotel Apartment

Property Size

413 sqft / 38 sqm

Bedrooms

studio

Bathrooms

1


Amenities

Central A/C

Covered Parking

Built in Wardrobes


Location

Map preview
First Central Hotel Apartments
Residential Insights

Price Range:

300K-1.1M AED

Price Insights

Transactions for Similar Properties

Studio Hotel & Hotel Apartment in First Central Hotel Apartments

Sold for

DateAEDArea (sqft)
13 Nov 2024693,000390
18 Oct 2024616,000333
9 Oct 2024779,740390
3 Oct 2024852,900347
10 Jul 20241,800,000332

Rented for

DateAED/yearArea (sqft)

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300,000 AED35,000,000 AED
20%
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1 year25 years

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Monthly payment

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with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

HRE-S-7076

Listed

6 months ago

Broker License

2004

Zone name

Al Thanyah First

DLD Permit Number:

7117718935

Agent License

31433

DLD Permit Number

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4.0

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