Property Overview

Property Type: Commercial & Residential Building

Ownership Type: Freehold Property (For GCC Nationals)

Location: Al Qusais

Deal Type: Sale

Property Details

• Height: G+4+Roof

• Plot Size: 50,000 Sqft

• Total Built-up Area: 25,000 Sqft (Current Building)

• Total Units: 77

o Shops: 16 Units

o 1-Bedroom Units: 12 Units

o 2-Bedroom Units: 49 Units

Pricing Details

• Selling Price: AED 56,000,000 (Net to Owner)

• Transfer Charge: 4% of Selling Price (Paid by Buyer)

• VAT: As Applicable

• Agency Fees: 2% of Selling Price

Rental Income

• Annual Rental Income: AED 3,000,000

• ROI: 5.35?ditional Features

• Remaining Plot for Further Development: Current building covers 25,000 Sqft, allowing construction of an additional building on the remaining plot.

• Facilities:

o Lifts

o CCTV

Key Highlights

• Freehold property in a prime location in Al Qusais with substantial rental income.

• Great opportunity for both immediate returns and future development.

• High ROI of 5.35% ensures stable income with long-term investment potential.

• Well-maintained building with a mix of commercial and residential units, attracting a diverse tenant base.

This is a perfect opportunity for investors looking for steady cash flow and future growth potential in a rapidly developing area. Contact us now for more information or to arrange a viewing.