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Investment Opportunity: Freehold Residential Building in JVC, Dubai  | RGEstate UAE

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Jumeirah Village Circle
AED 85,000,000

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Investment Opportunity: Freehold Residential Building in JVC, Dubai  | RGEstate UAE
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AED 85,000,000

AED 85,000,000

Investment Opportunity: Freehold Residential Building in JVC, Dubai
Jumeirah Village Circle Jumeirah Village Circle

Facts

AED 85,000,000
Reference SAN PP 663
Added On 13-Aug-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 98,329 Sq. Ft.
Plot Area 16,107 Sq. Ft.
Furnished Yes

Description

Presenting an exceptional investment opportunity with this freehold residential building located in the thriving community of Jumeirah Village Circle (JVC), Dubai. This well-maintained property spans a plot size of 16,107 square feet and offers a saleable area of 98,329 square feet, with height permission for G+15. The building comprises 99 residential units, including studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments, along with a retail space.

Property Details:

Property ID: SAN PP 663
Location: Jumeirah Village Circle (JVC), Dubai
Property Type: Residential Building (Rented)
Ownership Type: Freehold
Plot Size: 16,107 sqft
Saleable Area: 98,329 sqft
Height: G+15
Total Units: 99
Studio: 20 units
1 Bedroom: 46 units
2 Bedroom: 21 units
3 Bedroom: 11 units
Retail: 1 unit
Selling Price: AED 85 Million
Rental Income: AED 6.5 Million
ROI: 7.64%
Agency Fees: 2% of Selling Price
Transfer Charge: 4% of Sale Price

This property offers an excellent return on investment (ROI) of 7.64%, making it a lucrative choice for investors. The diverse unit mix and the inclusion of retail space enhance the building's appeal to tenants, ensuring steady rental income. Located in the vibrant community of JVC, this residential building is surrounded by amenities and offers easy access to key areas in Dubai. Don’t miss out on this opportunity—contact us today for more information or to schedule a viewing.

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.

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