Ready Hotel Apartment in Dubailand, Lincoln Park

Lincoln Park, Dubailand

Summary

  • Price:

    AED 599,000
  • Property Type:

    Apartment
  • Reference No.:

    CRL-S-4224
  • Size:

    480 sqft.
  • Bedrooms:

    1
  • Bathroom:

    1

Description

These units are the cheapest on the market at 1057AED PSF average selling price is 1,250AED PSF

A unit transferred at the lands department this month *Jan 2015 for AED1,327 PSF

LincolnPark, Arjan


This is a new completed development next to Al Barsha off the Umm Suqeim Road.

Built by Damac and fully furnished these units will appreciate due to development in the area over the next 4 years in neighboring Dubiotech where new laboratories are being built for research.

All units are vacant, fully furnished facing the swimming pool, photos upon request

Studio:
Area = 480 sq ft.
S/C = 8,822/Year
This unit has a balcony
Price: 650 K

1 BR Flat:
Area = 652 sq ft
S/C = 12,587/Year
Price: 750 K

1 BR Flat:
Area = 760.37 sq ft
S/C = 3,378/Year
This unit has a Balcony
Price: 850 K

If you buy all 3 units then the seller will give you a discount ofAED150,000now AED200,000 OFF

Total Purchase price AED2,000,000
Total Service charge per year AED24,787

First year costs

Dubai Lands Department 4% Transfer Fee - AED80,000
Agency Fee 2% AED40,000
Service Charge AED24,787

Potential Rental Income AED178,000

Year one 1.6% net ROI
Year two 8.1% net ROI




PROPERTY FEATURES:
-Balcony
-Broadband ready
-Built in wardrobes
-Central air conditioning
-Gymnasium
-Shared swimming pool
-View of gardens
-Children's play area
-Communal gardens
-Public parking
-Public transport
-Restaurants
-Shops

Amenities

  • Balcony

  • Balcony

Map

CRE 12

Contact Agent

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