About this property
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.
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.