Reference ID: oic-1379727

ROI 10 % Guaranteed investment in Sharjah

AED 314,000

Posted On: July 17th, 2019

Bathrooms

1

Size (SqFt)

314

Apartment For

Sale

Listed By

Agent

Posted On

July 17th, 2019

Property Reference

oic-1379727

Description

Great investment opportunity for all Nationalities.

No UAE residency required.

First Student Accommodation in the UAE called ( THE NEST ) in Aljada project
Pure investment property
Very close to the Central hub ( the entertainment area , the walk , and all facilities inside the project )
Very close to the university

Completion date : December 2021

10 buildings ( 5 buildings for Male , 5 buildings for Female )

Each building : G+5 - 113 units contains 250 beds ( 2500 bed in total @ all buildings )

10% Guaranteed Gross ROI for 5 years (1% service charges and 1% management fees ) which will make it 8% Net ROI
After the 5 years ARADA will take the management and ROI will be as per the rentals
ROI to be paid in Quarterly Basis

Property Details:
2 beds
1 bath
Kitchen
Furnished

Payment plan
20% downpayment
10% January 2020
10% June 2020
10% January 2021
10% June 2021
40% on completion

Prices Starting from only 314,000 AED


Location

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Agent


Rera Permit Number: 0819196949
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