Own a fully-rented freehold residential building in the established Dubai Land community with SAN PP 467. This exceptional opportunity offers immediate income, a diverse tenant mix, and exciting potential for long-term value appreciation.

Property Details:

Property ID: SAN PP 467
Location: Dubai Land Residence Complex
Property Type: Residential Full Building (Rented)
Ownership: Freehold
Plot Size: 30,646 sq.ft
Built-Up Area (BUA): 193,256 sq.ft
Number of Units: 120 (Appealing to various resident needs)
1 Bedroom: 65 units
2 Bedroom: 55 units
Height: G + 2 Basements + 9 (Offering flexibility and potential)
Sale Price: AED 86 Million
Rental Income: AED 4,800,000 (Generating immediate cash flow)
Operating Cost: AED 800,000
ROI: 5.58% (Attractive return on investment)
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price
Stable, Diversified Income:

With all units currently rented, you'll start earning income as soon as you acquire the property. The mix of 1 and 2-bedroom apartments caters to a broad range of tenants, ensuring a stable and diversified income stream that mitigates risk.

Established Community with Growth Potential:

Dubai Land is a well-developed community with excellent infrastructure and proximity to major attractions, including Dubailand theme parks. This growing area offers a stable tenant base and exciting potential for future value appreciation.

Modern Design and Efficient Layout:

The modern design and efficient layout provide spacious and comfortable living spaces for residents. The G + 2 basement + 9 configuration allows for flexible unit configurations and potential future modifications.

Contact RGESTATE Today:

RGESTATE is a leading real estate agency in Dubai, with a proven track record of guiding clients through successful property acquisitions and investments. Our team of experienced professionals is dedicated to providing exceptional service and securing the best possible outcome for your investment.

Contact RGESTATE today to schedule a viewing and discuss this remarkable opportunity to own a high-yielding asset in the heart of Dubai Land.