Prime Investment Opportunity: Rented Hotel Apartment Building for Sale in Al Mankhool, Dubai! 98 Studios, 9.72% ROI!

Al Mankhool المنخول‎‎

Property Details:







Property Type: Hotel Apartment Building



Location: Al Mankhool Dubai



Deal Type: Sale



Ownership Type: Freehold Property For Local & GCC Nationality







Key Points:







1) Building Details:



Structure: B+G+7+Roof Floor



Plot Size: 11,000 Sqft



Total Built-up Size: 68,800 Sqft



Basement Floor: 11,000 Sqft



Ground Floor: 11,000 Sqft



Typical Floors: 7 Floors, Each 6,375 Sqft



Roof Floor: 2,175 Sqft



2) Room Configuration:



Number of Rooms: 98 Studios







3) Financials:



Selling Price: AED 36,000,000/- (Net to Owner)



Net Income: AED 3,500,000 Per year



ROI: 9.72% Per year



Transfer Charge: 4% on Selling Price



Agency Fees: 2% of Selling Price, paid by buyer







Usage:



Hotel Apartment







This hotel apartment building in Al Mankhool Dubai offers an excellent investment opportunity in a prime location. The property comprises a B+G+7+Roof floor structure, with a total built-up size of 68,800 sqft on a 11,000 sqft plot. It features 98 studio rooms distributed across the basement, ground floor, seven typical floors, and the roof floor. The net income generated is AED 3,500,000 per year, resulting in a promising ROI of 9.72% per year. The selling price is AED 36,000,000/-, with a transfer charge of 4% on the selling price. Agency fees of 2% of the selling price are to be paid by the buyer.







For more information or to arrange a viewing, please contact us. Serious inquiries are appreciated.







RGESTATE.COM a flagship venture by Riveria Global Group, stands as a trusted and dynamic player in the real estate domain. Committed to excellence, we specialize in connecting individuals and businesses with their ideal properties in Dubai and beyond. Our team of experienced professionals is dedicated to providing personalized and comprehensive real estate solutions, catering to diverse needs and preferences. With a focus on transparency, integrity, and client satisfaction, RGESTATE.COM continues to be a reliable partner for those navigating the vibrant and ever-evolving real estate landscape. Whether buying, selling, or leasing, we strive to make every property journey seamless and rewarding for our valued clients.