Furnished | Managed Studio | 10K Net Income

PLEASE READ.

The apartment has a rental agreement with Oryx Property Management which is good for 20 years and started last Nov 2016 when the apartment was handed over.

It’s NOT POSSIBLE TO MOVE IN in this property since it’s under a property management.

The NET INCOME is 10k aed per year is 10 after deducting the DEWA, internet, chiller, maintenance and service charges. Is it part of a RENTAL POOLING system through the property management.

Since it’s a fully managed unit, there will be no hassle on your side in looking for tenants. Also, you are entitled to OCCUPY OR RENT OUT the flat for 4 WEEKS ONLY every year for yourself, your family or friends.

CASH payment only.

Property Highlights:
* Pool View
* Fully furnished Studio
* Size: 391.70 sqft.
* Balcony facing the pool
* Built-in wardrobes
* 1 Bathroom
* 1 covered parking slot
* Bus stop in front of the property

Building Features:
- Allocated Parking
- Elevators
- Central Air Conditioning
- Event space
- Concierge
- 24/7 Security
- Swimming Pools (3)
- Sauna and steam room
- Gym (ladies & gentlemen)
- Surroundings: hotels, supermarkets, pharmacies, laundromats, schools, mosque and bus station

Each of the three wings of Hanover Square has its own swimming pools with lifeguards, and a seating area so that residents can relax in the pool or enjoy some of the all-year-round sunshine.

The ground-floor houses the state-of-the-art gymnasium, and the reception desk that is staffed 24/7 to assist our residents.

¶ Property Features:
✅ Built In Wardrobes
✅ Kitchen Appliances
✅ Balcony
✅ Elevator
✅ Furnished
✅ Investment Property
✅ Steam Room
✅ Air Conditioning
✅ Sauna
✅ Open Kitchen
✅ Fitness Centre

♣

fam Properties
Contact Us -
Toll free: 800fam
Email: carmela.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:7117726513

Property Information

TypeApartment
PurposeFor Sale
Reference no.Bayut - B-AS-73086
CompletionReady
TruCheck™ on
13 February 2025
Average Rent
Added on9 January 2025

Features / Amenities

Balcony or Terrace

Sauna

Centrally Air-Conditioned

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