For RentapartmentRef: AP7834

Brand New | Waterfront | Flexible Payment

AED 90,000/yr

1

Bedroom

1

Bathroom

642

Sq Ft

Property Type

Apartment

Status

For Rent

Handover

May 2023

Reference

AP7834

About this Property

SY Capital Estates presents to you this stunning 1-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: 1 Bedroom with spacious layout Built-up area of 642 sq.ft 1 bathroom Breathtaking views of the water and landmark

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

Thoughtfully designed for contemporary comfort, this apartment boasts premium fittings and sunlit living spaces.

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

6.0%

Net yield

4.5%

Net of service charge (AED 9,630/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 70,470/yr.

Annual Rent

AED 90,000/yr

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