Selling
1BR Investment | Vacant Soon | Al Falak, DSO
AED650K
FEATURES:
LOCATION:
Description
This modern 1-bedroom apartment in Al Falak Residence, Dubai Silicon Oasis
offers an excellent opportunity for both investors and end-users seeking strong
rental performance and future value appreciation.
The apartment spans 611 sq. ft. and features a well-planned layout with a bright
living area, 2 bathrooms, and a private balcony. Offered unfurnished, it allows
flexibility for custom interiors or repositioning for higher rental returns.
Key Details:
* Size: 611.28 sq. ft.
* Building Age: 8 years
* Service Charges: AED 11.5 per sq. ft.
* Parking: 1 allocated space
Rental & Investment Highlights:
* Current Rent: AED 42,000 per annum
* Tenant: Long-term (5 years)
* Vacancy Status: Eviction notice served
* Vacant by: March 2026, offering strategic flexibility for resale, end-use,
or re-leasing at market rates
Ownership & Value Upside:
* Property not yet converted to freehold
* Freehold conversion available to the new owner for a one-time fee of AED
16,000, enhancing resale and capital growth potential
Al Falak Residence is part of the integrated Dubai Silicon Oasis community,
popular with professionals, students, and families due to its affordability and
connectivity. Residents benefit from nearby malls, schools, universities,
healthcare facilities, supermarkets, and dining options, with easy access to
Silicon Central Mall, Fakeeh University Hospital, and major road networks.
Priced at AED 650,000, this apartment represents a secure, income-generating
asset in a high-demand location.
Overview
Type:
Apartment
Bedrooms:
1
Bathrooms:
2
Square:
611 m²
Price:
AED650K
Location
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