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

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Jumeirah Village Triangle
AED 50,000,000

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Investment Opportunity: Freehold Residential Building in JVT, Dubai  | RGEstate UAE
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AED 50,000,000

AED 50,000,000

Investment Opportunity: Freehold Residential Building in JVT, Dubai
Jumeirah Village Triangle Jumeirah Village Triangle (JVT)

Facts

AED 50,000,000
Reference SAN PP 664
Added On 13-Aug-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 128,956 Sq. Ft.
Plot Area 27,913 Sq. Ft.
Furnished Yes

Description

Discover a lucrative investment opportunity with this freehold residential building situated in the well-established Jumeirah Village Triangle (JVT), Dubai. This property spans a generous plot size of 27,913 square feet, with a built-up area (BUA) of 128,956 square feet and a saleable area of 74,750 square feet. The building is designed with a height permission of G+4 and features a total of 66 residential units along with 2 retail spaces.

Property Details:

Property ID: SAN PP 664
Location: Jumeirah Village Triangle (JVT), Dubai
Property Type: Residential Building (Rented)
Ownership Type: Freehold
Plot Size: 27,913 sqft
BUA: 128,956 sqft
Saleable Area: 74,750 sqft
Height: G+4
Total Units: 66
Studio: 06 units
1 Bedroom: 25 units
2 Bedroom: 30 units
3 Bedroom: 03 units
Retail: 02 units
Selling Price: AED 50 Million
Rental Income: AED 3.7 Million
ROI: 7.4%
Agency Fees: 2% of Selling Price
Transfer Charge: 4% of Sale Price

This property offers a strong return on investment (ROI) of 7.4%, making it an attractive option for investors. The well-balanced unit mix and retail spaces contribute to consistent rental income, ensuring long-term financial stability. Located in the sought-after community of JVT, this residential building benefits from a strategic location with easy access to key areas of Dubai. Don’t miss out on this prime investment—contact us today for more details or to arrange a viewing.

Floor Plan Show 3D

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Advertiser Character: Authorized Advertiser License Number: 1
Commercial Registration No.: 1

Sale(1421), Rent(610)

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