This property is a 1,521 Sqft apartment with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Mag 5 Boulevard, Dubai. You can buy this apartment for a base price of AED1,250,000 (AED822/Sqft).
Big size 3 bedroom plus maids rented to an amazing family for 70k AED per year . The apartment can be vacated with notice or can be used as an investment tool for decent ROI with great appreciation. The area is surrounded by lush green parks, tennis courts and a big size Lulu Hypermarket which has just opened. Easy access to Jebel Ali and DIP . Great for those taking the daily commute to Abu Dhabi as well.
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
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