AED 33,000,000
AED 33,000,000
Full Building Investment Opportunity in Al Rigga, Dubai Deira
Facts
Reference RAJ DIN 1311
Added On 16-Jan-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 10,314 Sq. Ft.
Description
This property presents an exceptional opportunity to acquire a G+7 full building in the sought-after area of Al Rigga, Dubai. This prime investment boasts 21 spacious residential flats, 21 covered parking spaces, and a desirable location that guarantees consistent demand and attractive rental returns.
Prime Location:
Situated in the heart of Al Rigga, known for its vibrant mix of residential and commercial establishments.
Excellent connectivity to major highways and public transportation networks.
Surrounded by a plethora of amenities, including shopping centers, supermarkets, restaurants, and schools.
Building Highlights:
G+7 structure with a total built-up area of 10,314.95 sq ft.
21 well-maintained residential flats offering comfortable living spaces.
21 covered parking spaces in the basement and ground floor.
Dedicated maintenance team ensures the building's upkeep and tenant satisfaction.
Financial Performance:
Annual revenue of AED 1,765,000 provides a stable income stream.
Annual maintenance charges of AED 183,950 ensure the building's smooth operation.
Attractive 7% ROI makes this investment a compelling proposition.
Selling Price:
AED 33 Million offers an excellent value proposition for discerning investors.
RAJ DIN 1311 is the perfect investment opportunity for those seeking a high-yielding, hassle-free asset in a prime Dubai location. With its strong rental potential, manageable maintenance costs, and attractive ROI, this full building promises long-term financial rewards.
About RGEstate:
RGEstate is a leading real estate agency in Dubai, specializing in connecting investors with exceptional property opportunities. With a team of experienced professionals and a commitment to client satisfaction, RGEstate provides comprehensive guidance and support throughout the investment process. We are your trusted partner in achieving your real estate goals in Dubai.
Contact us today to schedule a viewing or learn more about this property
Prime Location:
Situated in the heart of Al Rigga, known for its vibrant mix of residential and commercial establishments.
Excellent connectivity to major highways and public transportation networks.
Surrounded by a plethora of amenities, including shopping centers, supermarkets, restaurants, and schools.
Building Highlights:
G+7 structure with a total built-up area of 10,314.95 sq ft.
21 well-maintained residential flats offering comfortable living spaces.
21 covered parking spaces in the basement and ground floor.
Dedicated maintenance team ensures the building's upkeep and tenant satisfaction.
Financial Performance:
Annual revenue of AED 1,765,000 provides a stable income stream.
Annual maintenance charges of AED 183,950 ensure the building's smooth operation.
Attractive 7% ROI makes this investment a compelling proposition.
Selling Price:
AED 33 Million offers an excellent value proposition for discerning investors.
RAJ DIN 1311 is the perfect investment opportunity for those seeking a high-yielding, hassle-free asset in a prime Dubai location. With its strong rental potential, manageable maintenance costs, and attractive ROI, this full building promises long-term financial rewards.
About RGEstate:
RGEstate is a leading real estate agency in Dubai, specializing in connecting investors with exceptional property opportunities. With a team of experienced professionals and a commitment to client satisfaction, RGEstate provides comprehensive guidance and support throughout the investment process. We are your trusted partner in achieving your real estate goals in Dubai.
Contact us today to schedule a viewing or learn more about this property
Floor Plan Show 3D
Contact the agent to get the relevant floor plan for this listing
Thank you SHAFI IBRAHIM ibrahimshafi81@gmail.com for your submission.
We will get back to you soon.