This property is a 3,130 Sqft penthouse with 5 bedrooms and 5 bathrooms that is available for sale. It is part of the The Address Sky View Tower 1 project in The Address Sky View Towers, Dubai and was completed in Mar 2020. You can buy this penthouse for a base price of AED9,500,000 (AED3,035/Sqft).
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
Agent / Partner
Date ListedApr 9, 2021
Last Updated1 year ago
Investment Opportunity: Charges & Yield
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 5 bedroom penthouses at The Address Sky View Tower 1, and the current sales price.