Raine and Horne proudly presents this studio apartment in the highly sought-after Hanover Square. This fully furnished studio boasts clean and modern living spaces that are perfect for a comfortable lifestyle.
Property Highlights:
Large studio layout with ample living space (398 sq. ft.)Fully FurnishedPool view Building Amenities:
State-of-the-art gymnasiumSwimming pool for year-round relaxationProfessional concierge servicesPrime location near Al Khail RoadEasy access to public transportation with bus stop nearbyKey Highlights:Perfect for Investors: An income-generating hotel apartment concept.Usage Access: Enjoy 4 weeks of personal use per year.Returns:Gross income: Approximately AED 42,000 per year.Post deductions (management fees, service charges, utilities): Net earnings estimated at AED 10,000 or less annually.Additional Notes:This property is under a hotel management contract.Termination of the contract is possible through arbitration for those seeking full control.Contact Reema Judith on today to schedule a viewing appointment.
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Features / Amenities
The information is given according to data from the developer