Property ID: SAN PP 446

Location: Al Warsan
Property Type: Residential Full Building (Rented)
Ownership: Freehold
Plot Size: 26,910 sq.ft
BUA: 180,161 sq.ft
Height: B+G+2P+9+R
Number of Units: 132

Studio: 26
1 Bedroom: 105
3 Bedroom: 1
Retail: 5
Parking Spaces: 147
Number of Elevators: 3
Rental Income: AED 4.8 Million
Sale Price: AED 65 Million
ROI: 7.3%
Transfer Charge: 4% On Sale Price
Agency Fees: 2% On Sale Price
High-Yield Residential Investment in Al Warsan: Full Building for Sale

This impressive rented residential building in Al Warsan presents a prime investment opportunity. Spanning a BUA of 180,161 sq.ft on a 26,910 sq.ft freehold plot, the B+G+2P+9+R structure accommodates 132 units, including 26 studios, 105 one-bedroom apartments, 1 three-bedroom apartment, and 5 retail spaces.

The property boasts 147 parking spaces and 3 elevators, ensuring convenience for residents and visitors alike. Currently generating a rental income of AED 4.8 million, this property offers a strong ROI of 7.3%. Priced at AED 65 million, the investment is complemented by a 4% transfer charge and a 2% agency fee on the sale price.

Secure this high-yielding asset in one of Dubai’s burgeoning areas today.