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Prices in Palm Jumeirah have gone up by 1% MoM

Brand New Available Listing | Bldg 01 | Type C

Apartment for sale in Marina Residences 1, Marina Residences, Palm Jumeirah

AED 1,800,000 
  • 2 Bedrooms
  • 4 Bathrooms
  • 1778 sq. ft
  • RERA: 16081
  • PERMIT: 7124594200
  • Ref: EVO-S-17028
  • Not furnished
  • Listed: 1 day ago

Description

Engel & Voelkers is proud to present this spacious two-bedroom plus maids apartment located in Marina Residence, The Palm Jumeirah. Property Details: - Building 01 - Type: Two Beds plus Maids - Type C - Area 1,778 Sq. Ft. - View: Partial Marina View - Selling Price: AED 1,800,000/- net to owner Also Available: Building 01, Fully Upgraded for AED 2,100,000/- and Building 04, Co,,unity View for AED 1,700,000/- cheapest Type C available in the Market Call our Palm Specialist now to arrange viewing and get more details. About Palm Jumeirah: The worlds largest and grandiose man-made island in the immaculate waters of the Arabian Gulf, Palm Jumeirah is a true resort-style community described as not just a place to be, but rather an experience. Engel & Voelkers is one of the worlds leading service companies specializing in the brokerage of residential and commercial properties, yachts and aviation, with 800 offices in over 30 countries. Contact Engel & Voelkers today for further details.

Amenities

  • Balcony
  • Shared Pool
  • View Of Landmark
  • Built In Wardrobes
  • Maids Room
  • Covered Parking

2 bedrooms properties sold nearby

  • 19/1/2021

    Marina Residences - 2

    AED 2,000,000
    978 AED per sqft

    2
    2,044 sq. ft
  • 24/12/2020

    Marina Residences - 3

    AED 1,850,000
    1,040 AED per sqft

    2
    1,778 sq. ft
  • 24/12/2020

    Marina Residences - 4

    AED 1,350,000
    661 AED per sqft

    2
    2,042 sq. ft
  • 23/11/2020

    Marina Residences - 1

    AED 1,250,000
    668 AED per sqft

    2
    1,870 sq. ft
  • 27/8/2020

    Marina Residences - 1

    AED 1,275,000
    659 AED per sqft

    2
    1,935 sq. ft
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Investment Opportunity: Charges & Yield

Investing in this property promises a 4.21% yearly net return from an annual rental price of AED 97,867 and accounting for a sum of AED 22,154 covering yearly service charges.
Sale Price
AED
Annual Rental Price
AED
Area
SQFT
Service Charges
Service charges in Marina Residences 1, Marina Residences, Dubai
AED 12.46 per sq ft
Annual Changes
Yearly service charges
AED 22,154
Net Returns
Yearly Net Returns
4.21%