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Studio Apartment in Tower 1

650,000
Studio1 Bath366 sq ftRef: BH-S-224303
Studio Apartment in Tower 1

Property details

Better homes is offering fantastic investment opportunity: studio apartment for sale in Novotel Dubai (Terhab Hotel Apartment) with secured rental income until June 2027. -- Lease secured until June 2027 - 60 000 AED yearly / paid monthly -- This makes the property an ideal choice for investors seeking predictable returns with minimal management. - Lease secured until June 2027 - 60 000 AED yearly / paid monthly - yearly s.charges: 17 500 AED - Studio apartment 366 sqft with balcony - Great central location for access to E311 - 1 parking space - Located in Novotel Hotel - Access to fantastic hotel amenities and restaurants - Fully furnished The studio is located on a high floor, offering a bright living space and city views. As part of the Novotel Dubai hospitality concept, residents and guests enjoy access to a full range of hotel amenities including a swimming pool, gym, restaurants, concierge service, housekeeping and 24-hour security. For more information please contact Better Homes.

Regulatory information

ReferenceBH-S-224303
Zone nameTerhab Hotels & Towers
DLD permit number7128254730
Agent license62730
DLD verification QR code
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Get the right mortgage for you

Adjust the sliders to see how your monthly payment changes. Your down payment is based on residency.

Down payment: UAE National 15% · UAE Resident 20% · Non-resident 40%.

Interest rate: UAE National 4.24% · UAE Resident 3.75% · Non-resident 4.19%.

300,000200,000,000 AED

years

125 years

%

1% – 10%

Estimated monthly payment

2,673 AED

Based on 3.75% interest over 25 years

20%
80%

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