41 Apartments Residential Building for Sale in Al Warqaa

Property ID: ASH PP 1987
Location: Al Warqaa
Property Type: Residential Building (Locals and GCC can buy)

Property Details:

Plot Area: 15,000 sqft
Built-up Area: 51,000 sqft
2 Bedroom Apartments: 38 (with close kitchen)
Studios: 3 (big studios)
Total Apartments: 41
Parking Spaces: 38
Selling Price: AED 28 million (Net to Owner)
ROI: 6.42%
VAT: As Applicable
Agency Fees: 2% of Selling Price + 5% VAT
Transfer Charge: 2.5% to Dubai Investment Park
Transfer Charge: 4% to Land Department

Description:
This residential building in Al Warqaa offers a fantastic investment opportunity with a plot area of 15,000 sqft and a built-up area of 51,000 sqft. The building comprises 38 two-bedroom apartments with close kitchens and 3 large studios, totaling 41 apartments. There are 38 parking spaces available for residents. With a selling price of AED 28 million (net to owner) and an ROI of 6.42%, this property presents a lucrative opportunity for investors. The building is available for purchase by locals and GCC nationals.

Contact Us:
Call Us: +971 55 279 2403
Email: sales@rvrgrealestate.com
Website: rgestate.com

About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.