An exceptional investment opportunity in the heart of Al Manara , directly on Sheikh Zayed Road (SZR). This freehold commercial building boasts a total plot size of 29,476 sq. ft. and a gross built-up area (BUA) of 112,928 sq. ft., featuring a modern G + 2 structure.

Property Highlights:
Type: Partially Rented Commercial Building
Location: Al Manara, SZR
Ownership: Freehold (GCC National)
Plot Size: 29,476 sq. ft
Built-up Area (BUA): 112,928 sq. ft
Building Height: Ground + 2 Floors
Total Units: 143
Hotel Apartments: 137 Units
Retail Units: 6 Units
Sale Price: AED 240,000,000 (Negotiable)
Current Rental Income: AED 10,000,000 (Partially Rented)
Expected Fully Leased Income: AED 22,000,000
Agency Fees: 2% on Sale Price
Transfer Fee: 4% on Sale Price

Investment Highlights:
GCC Freehold Ownership: Provides full ownership rights for GCC investors.
Strategic Location: Situated directly on SZR in the prestigious Al Manara district.
Diverse Income Streams: Generates revenue from hotel apartments and retail units.
High Occupancy Potential: Offers the opportunity to maximize rental income.

RGEstate: Your Trusted Real Estate Partner
RGEstate is a leading real estate agency in Dubai, renowned for our expertise in commercial properties. We offer comprehensive support throughout the buying process, ensuring a smooth and successful transaction.

For more information on this exceptional investment opportunity, or to schedule a viewing, please contact RGEstate today.