Engel & Völkers
An empty, bright apartment with white walls, light gray tile floors, and an open kitchen with white cabinets.

7.7% Gross ROI | Investment Opportunity | Rented

AED 880,000
  • 1 Rooms
  • 1 Bedrooms
  • 2 Bathrooms
  • ~82.5 m² Total surface
  • ~82.5 m² Living area

Description

Engel & Völkers is pleased to present this excellent investment opportunity in City Apartments, Jumeirah Village Circle. This unfurnished one-bedroom apartment offers a practical layout with an open-plan living and dining area, a modern kitchen, guest washroom, and a well-sized ensuite bedroom. The building is low-rise, well-maintained, and located in a highly rentable area of JVC, making it a reliable option for long-term returns. The unit is currently rented for AED 69,000, providing immediate cashflow to the new owner. The property delivers a strong gross ROI of approximately 7.7%, with annual service charges of roughly AED 19 per sq.ft, keeping ownership costs efficient and attractive to investors. - 1 Bedroom - 2 Bathrooms - Unfurnished - Rented for AED 69,000 - Approx. 7.7% Gross ROI - Service Charge: ~19 AED / sq.ft - Prime Investment Opportunity To arrange your viewing contact Daniel, our area specialist, today! Our team in Dubai consists of over 200 trusted agents, each specializing in premium residential and commercial properties, serving as experts in their respective areas.
Features
Air-conditioningSecurity systemSwimming poolGuest toiletGymOpen view
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Engel & Völkers Dubai MMC

Your advisor: Daniel Orimogunje

Property ID: W-0478FM

Property details
  • Object type

    Flat

  • Condition

    Top

  • Rooms

    1

  • Bedrooms

    1

  • Bathrooms

    2

  • Floor

    1

  • Number of Floors

    5

  • Parking spaces

    1

  • Total surface

    ~82.5 m²

  • Living area

    ~82.5 m²

  • Flooring

    Tiles

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Engel & Völkers Dubai MMC

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