AED 175,000,000
AED 175,000,000
High-ROI Residential + Retail Building in Jumeirah Village Circle Jumeirah Village Circle Jumeirah Village Circle
Facts
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.
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
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