AED 28,000,000
AED 28,000,000
"High-Yield Investment: Fully Rented Residential & Retail Property in International City" Dubai International City International City
Facts
Reference SAN PP 763
Added On 19-Nov-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 53,700 Sq. Ft.
Plot Area 21,537 Sq. Ft.
Description
Rented Residential & Retail Building for Sale – International City
Property ID: SAN PP 763
Location: International City, Dubai
Property Type: Residential with Retail Full Building (Rented)
Ownership: Freehold
Plot Size: 21,537 sqft
BUA Area: 53,700 sqft
Height: G+6
Total Units: 44 (1 Bed: 18, 2 Bed: 24, Shops: 2)
Selling Price: AED 28 Million
Rental Income: AED 3.1 Million
ROI: 11%
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price
Property Highlights:
Fully Rented Building: This residential and retail building is fully leased, offering immediate rental income. With a total rental income of AED 3.1 Million, this property presents a strong, steady cash flow for investors.
Prime Location: Located in International City, a highly sought-after area in Dubai, known for its vibrant community and high demand for residential and retail spaces.
Attractive ROI: The property delivers an impressive 11% ROI, making it a highly profitable investment for those seeking long-term returns.
Building Details:
Plot Size: 21,537 sqft
BUA Area: 53,700 sqft
Units: 44 (including 1 Bed: 18, 2 Bed: 24, and 2 Retail Shops)
Height: G+6, offering ample space for tenants.
Freehold Ownership: Available for Freehold ownership, this property provides security and long-term value for both local and international investors.
This rented residential and retail building is a prime investment opportunity for those seeking a property with established income and high ROI. The location, occupancy, and strong rental yield make this an attractive option for serious investors looking to diversify their portfolios.
For more information or to schedule a viewing, contact us today!
Property ID: SAN PP 763
Location: International City, Dubai
Property Type: Residential with Retail Full Building (Rented)
Ownership: Freehold
Plot Size: 21,537 sqft
BUA Area: 53,700 sqft
Height: G+6
Total Units: 44 (1 Bed: 18, 2 Bed: 24, Shops: 2)
Selling Price: AED 28 Million
Rental Income: AED 3.1 Million
ROI: 11%
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price
Property Highlights:
Fully Rented Building: This residential and retail building is fully leased, offering immediate rental income. With a total rental income of AED 3.1 Million, this property presents a strong, steady cash flow for investors.
Prime Location: Located in International City, a highly sought-after area in Dubai, known for its vibrant community and high demand for residential and retail spaces.
Attractive ROI: The property delivers an impressive 11% ROI, making it a highly profitable investment for those seeking long-term returns.
Building Details:
Plot Size: 21,537 sqft
BUA Area: 53,700 sqft
Units: 44 (including 1 Bed: 18, 2 Bed: 24, and 2 Retail Shops)
Height: G+6, offering ample space for tenants.
Freehold Ownership: Available for Freehold ownership, this property provides security and long-term value for both local and international investors.
This rented residential and retail building is a prime investment opportunity for those seeking a property with established income and high ROI. The location, occupancy, and strong rental yield make this an attractive option for serious investors looking to diversify their portfolios.
For more information or to schedule a viewing, contact us today!
Floor Plan Show 3D
Contact the agent to get the relevant floor plan for this listing
Thank you Patauk Wir patauk135@gmail.com for your submission.
We will get back to you soon.