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AED 60,000,000
AED 60,000,000
Prime Investment Opportunity: 48 Units B+G+M+7 Full Building for Sale in Al Rigga, Deira, Dubai Al Rigga Deira
Facts
Reference MAK PP 4303
Added On 29-Nov-2024
Category Commercial
Type Hotel Apartment
Offer Type For Sale
Bedrooms 10+
Bathrooms 10+
Size 30,000 Sq. Ft.
Plot Area 17,509 Sq. Ft.
Floor Number 7
Unit Number 48
Description
Full Building for Sale in Al Rigga, Deira, Dubai
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Key Property Details
• Property Type: B+G+M+7 Rented Full Building
• Location: Al Rigga, Deira, Dubai
• Ownership Type: Freehold Property (Eligible for Local & GCC Nationals)
• Deal Type: Sale
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Specifications
• Plot Size: 17,509 Sqft
• Total Number of Units: 48
o 2BHK: 28 Units
o 3BHK: 14 Units
o Commercial Units: 6
• Parking Spaces: 62 (Basement + Ground Level)
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Financial Details
• Selling Price: AED 60,000,000 (Net to Owner)
• Current Rental Income: AED 4,869,000 Per Year
• ROI: 8.11%
• VAT: 5% of Selling Price (Paid by Buyer)
• Transfer Fees: 4% of Selling Price (Paid by Buyer)
• Agency Fees: 2% of Selling Price (Paid by Buyer)
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Description
This B+G+M+7 rented building offers a mix of spacious residential apartments and commercial units in the bustling location of Al Rigga, Deira. With a strong tenant base, the building generates a consistent rental income of AED 4,869,000 per year, making it an excellent investment opportunity.
The building provides ample parking (62 spaces) and easy accessibility, making it attractive for tenants and visitors alike.
With a ROI of 8.11%, this property represents a lucrative investment in one of Dubai’s prime commercial and residential hubs.
________________________________________
For inquiries, additional details, or viewing arrangements, please reach out.
________________________________________
Key Property Details
• Property Type: B+G+M+7 Rented Full Building
• Location: Al Rigga, Deira, Dubai
• Ownership Type: Freehold Property (Eligible for Local & GCC Nationals)
• Deal Type: Sale
________________________________________
Specifications
• Plot Size: 17,509 Sqft
• Total Number of Units: 48
o 2BHK: 28 Units
o 3BHK: 14 Units
o Commercial Units: 6
• Parking Spaces: 62 (Basement + Ground Level)
________________________________________
Financial Details
• Selling Price: AED 60,000,000 (Net to Owner)
• Current Rental Income: AED 4,869,000 Per Year
• ROI: 8.11%
• VAT: 5% of Selling Price (Paid by Buyer)
• Transfer Fees: 4% of Selling Price (Paid by Buyer)
• Agency Fees: 2% of Selling Price (Paid by Buyer)
________________________________________
Description
This B+G+M+7 rented building offers a mix of spacious residential apartments and commercial units in the bustling location of Al Rigga, Deira. With a strong tenant base, the building generates a consistent rental income of AED 4,869,000 per year, making it an excellent investment opportunity.
The building provides ample parking (62 spaces) and easy accessibility, making it attractive for tenants and visitors alike.
With a ROI of 8.11%, this property represents a lucrative investment in one of Dubai’s prime commercial and residential hubs.
________________________________________
For inquiries, additional details, or viewing arrangements, please reach out.
Floor Plan Show 3D
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