10% Yield. Buy off-plan for 630K was 665K

Overview

Price:AED 630,000
Contract type:Sale
Type:Apartment
Location:Saadiyat Island, Soho Square Residences
Bathrooms:1
Bedrooms:0.5
Area:478.78

All Soho Square studios have sold out and this unit is a no-brainer for the opportunist deal seeker.  Compared to university rents you can easily generate a Yield approaching 10%. 
 
Off-plan list price of 665K; the owner will sell for 630K - an incredible reduction of over 5% ahead of 2018 handover. 
 
Great high-floor location, pool-facing private balcony and full views of a stunning development.  Generous 480sqft Studio, high-spec kitchen and allocated parking space.  Residents have access to modern gym facilities and will enjoy the varied dining, entertainment and leisure amenities of the local area. 
 
The proximity of Soho Place to NYU AD makes it an ideal student accommodation and this particular unit will attract great rental interest from a captured market.  I suggest moving quickly on this deal. 
 
"Finding you a property is for any Real Estate agency.  Finding your home can only happen with MD Real Estate."  Pal Chakravorty, MD Real Estate, pal@mduae.net, +971 (0)52 904 9369. 
 


General amenities

  • Balcony
  • Basement Parking
  • Built In Wardrobes
  • Central Air Conditioning
  • Community View
  • Covered Parking
  • Fully Fitted Kitchen
  • Gymnasium
  • Intercom
  • Jacuzzi
  • Kitchen White Goods
  • Landscaped Garden
  • Laundry/washing Room
  • On High Floor
  • On Mid Floor
  • Shared Swimming Pool
  • View Of Gardens
  • 24 Hours Maintenance
  • Bank/ATM Facility
  • Children's Play Area
  • Clubhouse
  • Communal Gardens
  • Fitness Center
  • Public Parking
  • Public Transport
  • Recreational Facilities
  • Restaurants
  • School
  • Shopping Mall
  • Shops

Map