AED 85,000,000
AED 85,000,000
Investment Opportunity: Freehold Residential Building in JVC, Dubai Jumeirah Village Circle Jumeirah Village Circle
Facts
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.
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
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