Presenting an outstanding investment opportunity with this high-rise freehold residential building located in the vibrant community of Jumeirah Village Circle (JVC), Dubai. The property boasts a plot size of 17,000 square feet and a generous saleable area of 107,101 square feet. The building, with a height permission of G+17, includes 157 residential units and 5 retail spaces, offering a balanced mix of studios and 1-bedroom apartments.

Property Details:

Property ID: SAN PP 665
Location: Jumeirah Village Circle (JVC), Dubai
Property Type: Residential Building (Rented)
Ownership Type: Freehold
Plot Size: 17,000 sqft
Saleable Area: 107,101 sqft
Height: G+17
Total Units: 157
Studio: 68 units
1 Bedroom: 84 units
Retail: 05 units
Selling Price: AED 100 Million
Rental Income: AED 6.9 Million
ROI: 6.9%
Agency Fees: 2% of Selling Price
Transfer Charge: 4% of Sale Price

This property offers a solid return on investment (ROI) of 6.9%, making it an attractive option for investors seeking long-term gains. The high number of units, combined with retail spaces, ensures steady rental income, contributing to the buildings financial viability. Located in the rapidly growing JVC community, this property benefits from its strategic location, with easy access to key areas across Dubai. For more information or to arrange a viewing, please contact us today.