Full Building for Sale in Al Rigga, Deira, Dubai
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Key Property Details
• Property Type: B+G+M+7 Rented Full Building
• Location: Al Rigga, Deira, Dubai
• Ownership Type: Freehold Property (Eligible for Local & GCC Nationals)
• Deal Type: Sale
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Specifications
• Plot Size: 17,509 Sqft
• Total Number of Units: 48
o 2BHK: 28 Units
o 3BHK: 14 Units
o Commercial Units: 6
• Parking Spaces: 62 (Basement + Ground Level)
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Financial Details
• Selling Price: AED 60,000,000 (Net to Owner)
• Current Rental Income: AED 4,869,000 Per Year
• ROI: 8.11%
• VAT: 5% of Selling Price (Paid by Buyer)
• Transfer Fees: 4% of Selling Price (Paid by Buyer)
• Agency Fees: 2% of Selling Price (Paid by Buyer)
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Description
This B+G+M+7 rented building offers a mix of spacious residential apartments and commercial units in the bustling location of Al Rigga, Deira. With a strong tenant base, the building generates a consistent rental income of AED 4,869,000 per year, making it an excellent investment opportunity.
The building provides ample parking (62 spaces) and easy accessibility, making it attractive for tenants and visitors alike.
With a ROI of 8.11%, this property represents a lucrative investment in one of Dubai’s prime commercial and residential hubs.
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For inquiries, additional details, or viewing arrangements, please reach out.