Furnished Tenanted Studio in Golf Links 18, Dubai Sports City

Property Overview

This ready, fully furnished studio in Golf Links 18, Dubai Sports City, is offered as a distress sale at AED 700,000. The studio measures 379.75 sq ft, approximately AED 1,843 per sq ft, is currently tenanted and comes with a post-handover payment plan running for about 1.5 years. The agent describes the price as 8% below its benchmark and the rental return as about 7%.

Property Highlights

• Property type: Apartment (studio)
• Built-up area: 379.75 sq ft
• Asking price: AED 700,000
• Price per sq ft: approx. AED 1,843 (calculated)
• Agent-stated discount: 8% (benchmark not specified)
• Status: Ready (agent-stated)
• Furnishing: Fully furnished (agent-stated)
• Occupancy: Tenanted, about 7% ROI (agent-stated)
• Payment: Post-handover plan of about 1.5 years (agent-stated)

Pricing Basis

The agent describes the deal as 8% below, but did not say whether that is against the original purchase price or a market price, and did not supply the benchmark figure. If the 8% figure is accurate, the benchmark would be about AED 760,870. DPF has not verified the discount, so buyers should request the original SPA price and recent comparable studio sales in the building.

Price arithmetic

AED 700,000 divided by 379.75 sq ft gives an asking rate of approximately AED 1,843 per sq ft.

Rental Income

The agent states the studio is tenanted with a return of about 7%. On the AED 700,000 asking price, that would equal roughly AED 49,000 a year in rent, but the actual rent, lease end date and whether the figure is gross or net were not supplied. Buyers should obtain the Ejari tenancy contract and confirm the tenant's rights on transfer.

Post-Handover Payment Plan

Although the studio is ready, the agent states a post-handover payment plan of about 1.5 years remains. Buyers should confirm the outstanding balance owed to the developer, the instalment amounts and dates, and how the AED 700,000 price splits between the seller and the remaining plan.

About the Community

Dubai Sports City is a residential and sports-themed community off Sheikh Mohammed Bin Zayed Road, with a golf course, sports academies and community retail, close to Motor City and Arabian Ranches.

Verification Notes

• Agent-supplied facts: building, studio, 379.75 sq ft BUA, asking price AED 700,000, 8% discount, ready, fully furnished, tenanted at about 7% ROI and 1.5-year post-handover plan.
• Calculated by DPF: price per sq ft, implied benchmark from the 8% figure and implied annual rent from the 7% figure.
• External context: community overview.
• Not supplied: developer, original purchase price, benchmark source, actual rent and lease term, outstanding balance, floor, view and service charge.