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AED 65,000,000
AED 65,000,000
High-Yield Residential Investment in Al Warsan: Full Building for Sale Warsan Warsan
Facts
Reference SAN PP 446
Category Residential
Type Residential Building
Offer Type For Sale
Size 180,161 Sq. Ft.
Plot Area 26,910 Sq. Ft.
Furnished Yes
Description
Property ID: SAN PP 446
Location: Al Warsan
Property Type: Residential Full Building (Rented)
Ownership: Freehold
Plot Size: 26,910 sq.ft
BUA: 180,161 sq.ft
Height: B+G+2P+9+R
Number of Units: 132
Studio: 26
1 Bedroom: 105
3 Bedroom: 1
Retail: 5
Parking Spaces: 147
Number of Elevators: 3
Rental Income: AED 4.8 Million
Sale Price: AED 65 Million
ROI: 7.3%
Transfer Charge: 4% On Sale Price
Agency Fees: 2% On Sale Price
High-Yield Residential Investment in Al Warsan: Full Building for Sale
This impressive rented residential building in Al Warsan presents a prime investment opportunity. Spanning a BUA of 180,161 sq.ft on a 26,910 sq.ft freehold plot, the B+G+2P+9+R structure accommodates 132 units, including 26 studios, 105 one-bedroom apartments, 1 three-bedroom apartment, and 5 retail spaces.
The property boasts 147 parking spaces and 3 elevators, ensuring convenience for residents and visitors alike. Currently generating a rental income of AED 4.8 million, this property offers a strong ROI of 7.3%. Priced at AED 65 million, the investment is complemented by a 4% transfer charge and a 2% agency fee on the sale price.
Secure this high-yielding asset in one of Dubai’s burgeoning areas today.
Location: Al Warsan
Property Type: Residential Full Building (Rented)
Ownership: Freehold
Plot Size: 26,910 sq.ft
BUA: 180,161 sq.ft
Height: B+G+2P+9+R
Number of Units: 132
Studio: 26
1 Bedroom: 105
3 Bedroom: 1
Retail: 5
Parking Spaces: 147
Number of Elevators: 3
Rental Income: AED 4.8 Million
Sale Price: AED 65 Million
ROI: 7.3%
Transfer Charge: 4% On Sale Price
Agency Fees: 2% On Sale Price
High-Yield Residential Investment in Al Warsan: Full Building for Sale
This impressive rented residential building in Al Warsan presents a prime investment opportunity. Spanning a BUA of 180,161 sq.ft on a 26,910 sq.ft freehold plot, the B+G+2P+9+R structure accommodates 132 units, including 26 studios, 105 one-bedroom apartments, 1 three-bedroom apartment, and 5 retail spaces.
The property boasts 147 parking spaces and 3 elevators, ensuring convenience for residents and visitors alike. Currently generating a rental income of AED 4.8 million, this property offers a strong ROI of 7.3%. Priced at AED 65 million, the investment is complemented by a 4% transfer charge and a 2% agency fee on the sale price.
Secure this high-yielding asset in one of Dubai’s burgeoning areas today.
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