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.

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