Rafi Studios has launched Kenya’s first fully furnished student accommodation development for sale, strategically located just five minutes’ walk from Jomo Kenyatta University of Agriculture and Technology (JKUAT).
Unlike traditional student hostels available only for rent, Rafi Studios offers investors the opportunity to purchase modern, fully furnished units with guaranteed rental returns ranging from 12% to 15% annually.
Bridging the Accommodation Gap
JKUAT recorded 6,865 new admissions in 2025, yet the university’s on-campus accommodation capacity stands at only 2,700 beds. This leaves over 4,000 students annually seeking off-campus housing solutions.
“We want parents to feel their kids are safe and in a secure environment,” explained a project spokesperson. “There’s a huge gap between JKUAT’s student intake and available accommodation, creating guaranteed demand for quality housing solutions.”
Investment Opportunities with Compelling Returns
Investment Performance Overview
Unit Type
Price (KSh)
Monthly Rent (KSh)
Annual Rent (KSh)
ROI (%)
Payback Period
Single-Bed Studio
2.4M
24,000
288,000
12.00%
8.33 years
Twin-Bed Studio
2.4M
30,000
360,000
15.00%
6.67 years
One-Bedroom Apartment
4.2M
45,000
540,000
12.86%
7.78 years
Twin-Bed Studios offer the highest returns with a 15% ROI and fastest payback period of 6.67 years. At 25 square meters with accommodation for two students at KSh 15,000 per person monthly, these units maximize rental income potential.
One-Bedroom Apartments at KSh 4.2 million cater to professionals and students seeking privacy, with 48 square meters of space.
Flexible Payment Terms
Rafi Studios offers accessible payment plans with a 20% deposit option and the remaining balance payable over 14 months (plus a 2-month grace period). Cash buyers receive additional discounts.
Modern Amenities and Strategic Location
The 13-floor development houses 351 units and features:
Security: Key card access system, 24/7 security, planned police collaboration
Essential Services: Backup generator, dedicated transformer, borehole water supply
Amenities: Gymnasium, common reading areas, lounge facilities, elevators
Commercial Space: Ground floor shops available at KSh 120,000 per square meter
Located just 200 meters from the Thika Superhighway, the development ensures excellent connectivity while maintaining proximity to JKUAT campus.
Target Market
Parents seeking secure accommodation for university-bound children, Diaspora Kenyans looking for passive income, first-time real estate investors gaining affordable market access, and high net-worth individuals diversifying portfolios.
Developer Profile and Timeline
Rafi Studios is developed by RafiLand, an established developer with a proven track record in Kenya. Sales and marketing are handled by GIMCO Ltd (Gatheru Irungu and Mugo Company).
Construction targets completion by October 2026, with the project currently 40% sold out. An open day is scheduled for August 2nd.
Why Invest in Rafi Studios?
Investors enjoy compelling rental yields backed by guaranteed demand:
Twin Bed Studios : 15% ROI with fastest payback
Single Bed Studios : 12% ROI with long-term stability
One-Bedroom Units : Higher rental income potential
“Rafi Studios is not just a student hostel—it’s a thoughtfully designed real estate investment tailored for the modern Kenyan investor. With rising enrollment numbers and persistent housing shortages at JKUAT, this project offers rare access to a fast-growing rental market,” said the project spokesperson.
Bookings and Inquiries
For more information:
Call/WhatsApp : 0740-663-125
Email : Maryn@gimcoltd.com
Website : www.rafiland.com
Sales Hotline : 0719-359-999
Rafi Studios represents a paradigm shift in Kenya’s student accommodation sector, offering investors unprecedented access to a professionally managed, high-yield real estate investment opportunity.