AED 365,000
Own this from just
1,501 AED/monthHigher Floor | Hotel Apt | Guaranteed Income
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. To find out more, contact +971600522233 or customercare@bhomes.com or visit [link not available].
Property details
Property Type
Hotel & Hotel Apartment
Property Size
413 sqft / 38 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Balcony
Covered Parking
Built in Wardrobes
Location
Price Insights
Transactions for Similar Properties
Studio Hotel & Hotel Apartment in First Central Hotel Apartments
Sold for
Date | AED | Area (sqft) |
---|---|---|
13 Nov 2024 | 693,000 | 390 |
18 Oct 2024 | 616,000 | 333 |
9 Oct 2024 | 779,740 | 390 |
3 Oct 2024 | 852,900 | 347 |
10 Jul 2024 | 1,800,000 | 332 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
There are no transactions to display |
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Betterhomes - Dubai Marina
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within 5 minutes
Experience
16 years
Closed Deals
12
Languages
English, Hindi, Gujarati
Get the right mortgage for you
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Monthly payment
1,501 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
HA582269-2
Listed
6 days ago
Broker License
97
Zone name
Al Thanyah First
DLD Permit Number:
7117718935
Agent License
10130
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Own this property from just
1,501 AED /month
Fixed rates from: 3.75%
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