Offered for sale in Palm Views East this excellent studio is ideal for a long term rental investment. Currently rented at AED 85,000 per year and with low yearly service fees (AED 4,000 per year) this property produces a net yield of 6.75%. Completed in 2015 the studios at Palm Views are in total around 560 sqft. All of the apartments benefit from balconies over looking the sea, the Palm Marina and the Palm Fronds, fully fitted kitchens and a spacious lounge area. Each Palm Views building has its own swimming pool along with various shops and restaurants on the ground floor. Long term the properties will also offer excellent access to the upcoming Palm Jumeirah mall, which will further increase the convenience and popularity of these excellent studios.
For more information, to book a viewing at Palm Views or to discuss further investment opportunities please call Palm specialist Ryan Dougan +971503494901
Ryan is the Managing Director of Ivy Gate – Middle East. He has lived and worked in the region for 6 years and is an expert in Dubai property.