Property ID: SAN PP 474

Location: Jumeirah Beach Residence
Property Type: Residential Building (Rented)
Ownership: Freehold
BUA: 694,836 sq.ft
Total Units: 180

1 Bedroom: 10
2 Bedroom: 90
3 Bedroom: 74
Loft: 4
Penthouse: 2
Retail: 6
Sale Price: AED 520 Million
Rental Income: AED 33.7 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Residential Building in Jumeirah Beach Residence

Presenting a prestigious residential building located in the highly desirable Jumeirah Beach Residence area. With a substantial BUA of 694,836 sq.ft, this fully rented property encompasses 180 units, including 10 one-bedroom, 90 two-bedroom, 74 three-bedroom, 4 lofts, and 2 luxurious penthouses. The building also features 6 retail spaces, adding to its commercial appeal.

Generating a robust rental income of AED 33.7 million annually, this asset offers an attractive ROI of 6.5%. The property is available for AED 520 million, with a 4% transfer charge and a 2% agency fee.

This exceptional investment opportunity provides a rare chance to own a high-yielding residential building in one of Dubai's most sought-after locales.