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
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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