1 bedroom Apartment in Old Town, UAE No. 87727
ID87727
$ 680 642
Property description
Unlock a high-yield investment opportunity in the heart of Downtown Dubai with this fully renovated 1-bedroom apartment in Reehan 6, Old Town. Combining timeless Arabian architecture with modern luxury, this property offers both charm and profitability in one of the most sought-after locations in the city.The apartment has just undergone a complete renovation and is presented in immaculate condition, with premium finishes and a sophisticated design. Spacious layout, natural light, and high-quality craftsmanship make this home stand out. It is chiller-free, reducing annual running costs and ROI 5,5%.
Already rented with a single cheque, this unit delivers immediate rental income to the new owner from day one. It is a hassle-free, income-generating asset in a well-established, low-rise community known for its tranquility, lush courtyards, and pedestrian-friendly streets.
Reehan 6 is part of the prestigious Old Town development, offering a peaceful residential feel while being just steps from Dubai Mall, Burj Khalifa, and the vibrant Boulevard.
Residents enjoy access to pools, a gym, 24/7 security, and a community atmosphere that is both refined and welcoming.
Whether you re an end user looking for future move-in potential or an investor seeking stable returns in a prime location, this apartment ticks all the boxes.
Act now opportunities like this in Old Town are rare and highly desirable. Contact us today to arrange a viewing!
fäm Properties
Contact Us - +971-48375685
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Whether you re an end user looking for future move-in potential or an investor seeking stable returns in a prime location, this apartment ticks all the boxes.
Act now opportunities like this in Old Town are rare and highly desirable. Contact us today to arrange a viewing!
fäm Properties
Contact Us - +971-48375685
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Trakheesi Permit: 7118812100
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 520.04 |
| Apartment (1 bedroom) Outside of Centre | $ 1 597.70 |
| Apartment (3 bedrooms) in City Centre | $ 4 798.07 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 133.59 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 7 477.34 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 3 858.61 |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.07 |
| Cost of Living and Rent Index | 60.22 |
| Purchasing Power Index | 133.68 |
| Property Price to Income Ratio | 7.20 |
| Safety Index | 83.93 |
| Traffic CO₂ Index | 8035.46 |
| Traffic Inefficiency Index | 247.89 |
| Rent Index | 60.10 |
| Health Care Index | 69.76 |
| Groceries Index | 46.36 |
| Pollution Index | 49.17 |
| Traffic Commute Time Index | 36.32 |
| Restaurant Price Index | 65.11 |
| Climate Index | 50.27 |
| Cost of Living Index | 60.31 |
| Quality of Life Index | 175.93 |
| Traffic Index | 169.42 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 10.89 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 81.68 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 9.53 |
| Domestic Beer (0.5 liter draught) | $ 12.25 |
| Imported Beer (0.33 liter bottle) | $ 13.61 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.22 |
| Water (0.33 liter bottle) | $ 0.94 |
| Cappuccino (regular) | $ 5.59 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.94 |
| Loaf of Fresh White Bread (500g) | $ 1.40 |
| Eggs (regular) (12) | $ 3.51 |
| Local Cheese (1kg) | $ 10.16 |
| Water (1.5 liter bottle) | $ 0.68 |
| Bottle of Wine (Mid-Range) | $ 16.34 |
| Domestic Beer (0.5 liter bottle) | $ 2.56 |
| Imported Beer (0.33 liter bottle) | $ 3.28 |
| Cigarettes 20 Pack (Marlboro) | $ 6.40 |
| Apples (1kg) | $ 2.32 |
| Chicken Fillets (1kg) | $ 9.62 |
| Oranges (1kg) | $ 1.86 |
| Potato (1kg) | $ 1.21 |
| Lettuce (1 head) | $ 1.44 |
| Rice (white), (1kg) | $ 2.37 |
| Tomato (1kg) | $ 1.57 |
| Banana (1kg) | $ 1.90 |
| Onion (1kg) | $ 1.24 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.41 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 1.63 |
| Monthly Pass (Regular Price) | $ 84.40 |
| Gasoline (1 liter) | $ 0.75 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 32 670.84 |
| Taxi Start (Normal Tariff) | $ 3.27 |
| Taxi 1km (Normal Tariff) | $ 0.68 |
| Taxi 1hour Waiting (Normal Tariff) | $ 8.17 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 22 824.94 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 222.43 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 100.91 |
| $ 61.50 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 3 935.67 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.44 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 90.65 |
| Tennis Court Rent (1 Hour on Weekend) | $ 45.47 |
| Cinema, International Release, 1 Seat | $ 14.16 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 78.32 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 63.26 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 117.57 |
| 1 Pair of Men Leather Business Shoes | $ 117.07 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 827.98 |
| International Primary School, Yearly for 1 Child | $ 14 526.34 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Dubai
Old Town
Apartment
1
72.9 m²
- m²
- sq. ft
$ 680 642
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