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AED 130,000,000
AED 130,000,000
Fully Rented Residential Building Investment Opportunity in Al Sufouh Al Sufouh
Facts
Reference SAN PP 577
Added On 28-May-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 54,756 Sq. Ft.
Description
An exceptional opportunity to acquire a fully-rented residential building in the desirable Al Sufouh neighborhood.
This freehold property boasts a generous plot size of 54,756 sq.ft. and a total gross floor area of 157,125 sq.ft., offering a mix of spacious units. The building comprises approximately 114 units, with a breakdown of:
60 one-bedroom units
22 two-bedroom units
14 three-bedroom units
4 four-bedroom units
This well-maintained building offers a strong return on investment (ROI) of 8%, making it an attractive proposition for investors seeking a stable income stream.
Property Highlights:
Fully rented residential building
Prime location in Al Sufouh
Freehold ownership
Diversified unit mix (1, 2, 3 & 4 bedrooms)
Strong ROI of 8%
Sale Price: AED 130 Million
Additional Information:
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price
About RGEstate
RGEstate is a leading real estate agency in Dubai, specializing in the sale and leasing of residential and commercial properties. With a team of experienced professionals and a commitment to exceptional service, RGEstate provides clients with expert guidance and support throughout the entire real estate transaction process.
Contact RGEstate today to schedule a viewing and learn more about this lucrative investment opportunity.
This freehold property boasts a generous plot size of 54,756 sq.ft. and a total gross floor area of 157,125 sq.ft., offering a mix of spacious units. The building comprises approximately 114 units, with a breakdown of:
60 one-bedroom units
22 two-bedroom units
14 three-bedroom units
4 four-bedroom units
This well-maintained building offers a strong return on investment (ROI) of 8%, making it an attractive proposition for investors seeking a stable income stream.
Property Highlights:
Fully rented residential building
Prime location in Al Sufouh
Freehold ownership
Diversified unit mix (1, 2, 3 & 4 bedrooms)
Strong ROI of 8%
Sale Price: AED 130 Million
Additional Information:
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price
About RGEstate
RGEstate is a leading real estate agency in Dubai, specializing in the sale and leasing of residential and commercial properties. With a team of experienced professionals and a commitment to exceptional service, RGEstate provides clients with expert guidance and support throughout the entire real estate transaction process.
Contact RGEstate today to schedule a viewing and learn more about this lucrative investment opportunity.
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