For RentapartmentRef: AP7978

Brand New | Community View | Flexible Cheques

AED 130,000/yr

2

Bedrooms

2

Bathrooms

1,103

Sq Ft

Property Type

Apartment

Status

For Rent

Handover

May 2023

Reference

AP7978

About this Property

SY Capital Estates presents to you this stunning and spacious 2-bedroom apartment at Palace Residences - North located in the sought-after community of Dubai Creek Harbour (The Lagoons). This exquisite residence offers a luxurious lifestyle with its prime amenities, perfectly blending comfort and elegance.

***Multiple Options Available***

Property Features: Built-up area of 1,103 sq.ft. 2 Bedrooms with Spacious Layout 2 Bathrooms With Balcony Community View

Amenities and Facilities: Gym Infinity Pool Yoga Room Covered Parking Creek Promenade Kids' Pool & Play Area 5-Star Hotel Amenities Creek Marina & Beach 24/7 Security | Waterfront Living Pet-friendly with concierge services

This remarkable apartment is designed for sophisticated living, featuring premium fittings and ample natural light.

For more information, please do not hesitate to contact us. SY Capital Estates LLC RERA ORN: 24569

Financial Calculators

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Loan amountAED 1,200,000

Estimated monthly payment

AED 6,670

Total interest over term: AED 800,997

Golden Visa Checker

10-year residency eligibility

Likely eligible for the 10-year Golden Visa property route.

AED 2,000,000 is the widely-cited threshold — confirm current ICP/DLD rules before relying on this.

Rental Yield Calculator

Gross & net return on investment

Gross yield

8.7%

Net yield

6.4%

Net of service charge (AED 16,545/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 99,155/yr.

Annual Rent

AED 130,000/yr

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