Elegant apartment in Al-Narges neighborhood with a private entrance and a distinctive heritage touch price after discount 1,600,000

3 bedrooms3 bathrooms1,496 sqft

Investment snapshot

Annual yield

8.2%

Monthly rent est.

SAR 12K

Break-even

12 yrs

Price / sqft

SAR 1K

Price truth — Slightly high

19% above area average. Score: 61/100.

Asking price

SAR 1.75M

Country

Property price — AED 1.85M

AED 200KAED 10.00M

Down payment — 20% (AED 370K)

Loan term — 25 years

Best rates today

First Abu Dhabi Bank

4.35% annual

AED 8K/mo

Best rate

Emirates NBD

4.49% annual

AED 8K/mo

Mashreq Bank

4.65% annual

AED 8K/mo

Rates indicative. Final terms from lender.