Property ID: SAN PP 418

Location: Al Furjan
Property Type: Full Building (Rented) (Residential + Commercial)
Ownership: Freehold
Plot Size: 23,235 sq.ft
BUA: 211,021 sq.ft
Height: 3B+G+14
Total Units: 111

1 Bedroom: 70
2 Bedroom: 15
3 Bedroom: 20
Retail: 6
Sale Price: AED 125 Million
Net Rental Income: AED 7.5 Million
ROI: 6.00%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Investment Opportunity: Prime Residential + Commercial Building in Al Furjan

Presenting a lucrative investment opportunity in Al Furjan, this fully rented mixed-use building offers a blend of residential and commercial spaces. The property features a generous BUA of 211,021 sq.ft on a 23,235 sq.ft plot, with a height of 3B+G+14.

The building comprises 111 units, including 70 one-bedroom apartments, 15 two-bedroom apartments, 20 three-bedroom apartments, and 6 retail units. The asset generates a robust net rental income of AED 7.5 million, reflecting a solid ROI of 6.00%.

With a sale price of AED 125 million, the property comes with a 4% transfer charge and a 2% agency fee on the sale price. Don’t miss this exceptional chance to own a high-yield property in a rapidly developing area.