Fully Furnished | Investors Deal | Best Price

1 Beds Apartment for Sale in Platinum One, Arjan, Dubai

Key Highlights

Fully Furnished | Investors Deal | Best Price
For Sale

Platinum One, Arjan, Dubai

AED 799,990
Closing Cost
  • TypeApartment
  • Size 631 sqft
  • Bedroom1
  • Bath1
  • Parkings
  • DeveloperPrivate Owner
  • Price per sqft AED 1,268
  • ViewCommunity
  • Vacant onApr, 2027
  • Ref No.AS-175418
  • Estimated rentAED 63,000
  • Completion DateQ1 2013
  • Listed1 weeks ago

About this property

About this property
Investment Highlights * Asking Price: AED 799,990 * Fully furnished unit * Pure investment property (not suitable for end-users) * Existing property management contract transfers to the new owner * 20-year management agreement with 9 years remaining (expires in 2034) * After 2034, the owner has the flexibility to self-manage or appoint any preferred operator Hassle-Free Ownership The entire building is professionally managed by Oryx Leasing, providing a truly passive investment experience. Oryx Leasing: * Leases the unit on a fully furnished, all-inclusive basis * Collects rental income from tenants * Pays all operating expenses, including: * Service charges * Utilities * Maintenance * Transfers the net rental income directly to the owner’s bank account, anywhere in the world Rental Returns * Current net annual income: Approximately AED 18,000 * Strong potential for rental growth as market rents continue to increase With the management agreement ending in 2034, investors will enjoy: * Greater operational flexibility * Potentially higher rental income through self-management or alternative operators * Additional capital appreciation driven by upcoming metro connectivity An excellent opportunity for investors seeking passive income today with strong long-term upside.

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Based on 16 Year Fixed

Amenities

Amenities

Platinum One location

Platinum One location

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DLD Permit Number

Issued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties.

7115056450