Engel & Voelkers is proud to present this high-floor studio apartment in Skyz by Danube, Arjan. Spanning 366 sq ft, this unfurnished apartment offers a practical open-plan layout with a combined living and sleeping area, kitchenette and modern bathroom.
Currently rented for AED 55,000 per year, the property offers an attractive opportunity for investors seeking rental income in an established residential community.
Property Features:
- Studio apartment
- One bathroom
- 366 sq ft
- High floor
- Unfurnished
- Open-plan living space
Amenities:
- Swimming pool
- Shared gym and fitness facilities
- Children’s play area
- Landscaped gardens and outdoor seating areas
- Security and CCTV
- Maintenance support
Investment Overview:
- Annual rental income: AED 55,000
- Annual service charge: AED 5,735
- Net annual rental income: AED 49,265
- Gross rental yield: 8.46%
- Net rental yield: 7.58%
Rental yields are based on the asking price. Net income deducts service charges only and excludes other ownership and acquisition costs.
Engel & Voelkers is one of the world’s leading service companies, specializing in the brokerage of residential and commercial properties, yachts, and aviation. With 1,000+ offices in over 30 countries, it offers a wide range of services.
Contact Engel & Voelkers today for further details.