About this property
Does anyone actually read these anyway? This incredible apartment deserves your attention now.
Let’s start with the unbeatable potential for capital appreciation. Priced just above AED 2,000 per square foot, where else in Dubai can you find an Omniyat property with uninterrupted sea views at this price? The answer is nowhere.
Compare this to other seafront properties in Dubai, and you’ll quickly see the value. As developments in Port Rashid, Dubai Islands, and Maritime City continue, this area will evolve into one of the most desirable locations in Dubai. In five years, a glimpse of its potential will be revealed and you’ll be glad you have this property in your portfolio.
What can you expect in the meantime?
For short-term rentals, units in the building are already fetching over AED 1,000 per night during peak season on Airbnb. With just 50% occupancy throughout the year, you’re looking at a gross yield of approximately 9% annually.
Prefer long-term rentals? Similar units rent for AED 100,000 to AED 120,000 annually, translating to a gross ROI of about 6%.
What else does this apartment offer?
Beyond the stunning sea views, the building features an infinity pool, state-of-the-art gym, lush garden areas, a spacious yoga studio, and an on-site supermarket, among other conveniences.
Why are you still reading? Contact me now to schedule a viewing. You won’t want to miss this opportunity. Bring your chequebook, and let’s make this happen!