My Favorite Properties
No Favorite Properties
Click to View List
High-ROI Residential + Retail Building in Jumeirah Village Circle  | RGEstate UAE

Back
Jumeirah Village Circle
AED 175,000,000

Call

High-ROI Residential + Retail Building in Jumeirah Village Circle  | RGEstate UAE
1 of 1

AED 175,000,000

AED 175,000,000

High-ROI Residential + Retail Building in Jumeirah Village Circle
Jumeirah Village Circle Jumeirah Village Circle

Facts

AED 175,000,000
Reference SAN PP 419
Added On 29-Aug-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 292,670 Sq. Ft.
Plot Area 21,538 Sq. Ft.
Furnished Yes

Description

Property ID: SAN PP 419

Location: Jumeirah Village Circle
Property Type: Residential + Retail Building
Ownership: Freehold
Plot Size: 21,538 sq.ft
BUA: 292,670 sq.ft
Height: G+19
Total Units: 230

1 BHK: 113
Studio: 89
2 BHK: 26
Retail: 2
Parking Spaces: 260
Selling Price: AED 175 Million
Current Net Rental Income: AED 12.7 Million
Current ROI: 7.25%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
High-ROI Residential + Retail Building in Jumeirah Village Circle

This prestigious G+19 residential and retail building in Jumeirah Village Circle is a remarkable investment opportunity. Spanning a BUA of 292,670 sq.ft on a freehold plot of 21,538 sq.ft, the building comprises 230 units, including 113 one-bedroom apartments, 89 studios, 26 two-bedroom apartments, and 2 retail spaces. The property is equipped with 260 parking spaces, catering to the convenience of residents and visitors.

Generating a substantial net rental income of AED 12.7 million, this asset offers a solid ROI of 7.25%. Priced at AED 175 million, this investment includes a 4% transfer charge and a 2% agency fee on the sale price.

Take advantage of this prime opportunity to secure a high-yield asset in the thriving Jumeirah Village Circle community.

Floor Plan Show 3D

Contact the agent to get the relevant floor plan for this listing
Advertiser Character: Authorized Advertiser License Number: 1
Commercial Registration No.: 1

Sale(1421), Rent(610)

Thank you Aziza KASSAB for your submission.
We will get back to you soon.

Location & Nearby

More avaliable in the same area

Jumeirah Village Circle
    Nov 22
    AED 79,000,000 Residential Building for Sale
    5,000 Sq. Ft.
    Jumeirah Village Circle
      Nov 22
      AED 70,000,000 Residential Building for Sale
      28,589 Sq. Ft.
      Jumeirah Village Circle
        Nov 22
        AED 52,000,000 Residential Building for Sale
        25,600 Sq. Ft.
        Jumeirah Village Circle
          Today
          AED 48,000,000 Residential Building for Sale
          23,680 Sq. Ft.
          Jumeirah Village Circle
            Today
            AED 53,000,000 Residential Building for Sale
            24,000 Sq. Ft.
            Jumeirah Village Circle
              Today
              AED 150,000,000 Residential Building for Sale
              21,500 Sq. Ft.
              Jumeirah Village Circle