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AED 450,000,000
AED 450,000,000
Luxury Investment in Al Sufouh: Full Hotel Apartment Building Al Sufouh Al Sufouh
Facts
Reference SAN PP 541
Added On 29-Aug-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 250,000 Sq. Ft.
Plot Area 34,000 Sq. Ft.
Furnished Yes
Description
Property ID: SAN PP 541
Location: Al Sufouh
Property Type: Full Building Hotel Apartment
Ownership Type: Freehold
Plot Size: 34,000 sq.ft
Saleable Area: 250,000 sq.ft
Height: G + 40
Number of Units: 500+ units approx
Sale Price: AED 450 Million
Rental Income: AED 31 Million Approx
ROI: 7% approx
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Luxury Investment in Al Sufouh: Full Hotel Apartment Building
Presenting a rare opportunity to own a full building hotel apartment in the highly desirable Al Sufouh area. This impressive G + 40 structure boasts over 500 units, spread across a saleable area of 250,000 sq.ft. Situated on a 34,000 sq.ft freehold plot, this property delivers a substantial rental income of approximately AED 31 million, yielding an ROI of around 7%.
Listed at AED 450 million, this investment offers both luxury and profitability. Additional costs include a 2% agency fee and a 4% transfer charge on the sale price.
Don't miss this chance to invest in a premium, income-generating asset in one of Dubai's most prestigious locations.
Location: Al Sufouh
Property Type: Full Building Hotel Apartment
Ownership Type: Freehold
Plot Size: 34,000 sq.ft
Saleable Area: 250,000 sq.ft
Height: G + 40
Number of Units: 500+ units approx
Sale Price: AED 450 Million
Rental Income: AED 31 Million Approx
ROI: 7% approx
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Luxury Investment in Al Sufouh: Full Hotel Apartment Building
Presenting a rare opportunity to own a full building hotel apartment in the highly desirable Al Sufouh area. This impressive G + 40 structure boasts over 500 units, spread across a saleable area of 250,000 sq.ft. Situated on a 34,000 sq.ft freehold plot, this property delivers a substantial rental income of approximately AED 31 million, yielding an ROI of around 7%.
Listed at AED 450 million, this investment offers both luxury and profitability. Additional costs include a 2% agency fee and a 4% transfer charge on the sale price.
Don't miss this chance to invest in a premium, income-generating asset in one of Dubai's most prestigious locations.
Floor Plan Show 3D
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