Property Information

Type of the unit:

Unit price:

$264,070

Furnishing & Repair:

$0

Contract period:

13/07/2023 - 12/07/2024

Developer:

Omniyat

District:

Maritime City

Price per sqft:

Сompletion date:

ANWA represents a balanced investment opportunity, offering both immediate rental yields and long-term capital appreciation potential in a highly desirable location. Here is 5 reason why investing in ANWA it’s a good deal:

1. Prime Location: Strategically placed close to Downtown Dubai, ANWA offers significant rental and resale potential, leveraging its proximity to business and leisure hubs for enhanced property value.
2. Unique Amenities: With state-of-the-art facilities and luxury amenities, ANWA stands out in the rental market, drawing in discerning tenants looking for premium living experiences.
3. Panoramic Views: The allure of waterfront living and breathtaking views of the Arabian Gulf and skyline make ANWA properties highly sought after, boosting their market value.
4. Limited Supply: The scarcity of waterfront properties in prime locations like Dubai Maritime City means investing in ANWA taps into a niche market with less competition and high demand.
5. Capital Appreciation: Given Dubai's flourishing real estate sector, especially in luxury waterfront developments, ANWA is poised for potential capital growth, benefiting from the city's upward economic trends.

What’s Special

Property Facts & Features

Purchase Price: $264,070
Bedrooms: 1
Bathrooms: 2
Sqft: 950 ($278/sqft)

Property Details

Revenue: $26,116/yr
Cap Rate: 6,9%
Gross Yield: 9,89%
Cash-on-Cash: 6,9%

Returns

Revenue: $26,116/yr
Average Daily Rate: updating
Occupancy Rate: updating

Rental Estimate

Average Studio Values: $282,200
Average Revenue: $16,085/yr
Average Occupancy: updating
Number of studio rentals: 156

Maritime City Market Data

Rental Estimate

High

$2,952

Average

$2,176

Low

$1,300