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Prime Investment Opportunity in Al Warsan: Residential Building  | RGEstate UAE

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Warsan
AED 57,000,000

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Prime Investment Opportunity in Al Warsan: Residential Building  | RGEstate UAE
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AED 57,000,000

AED 57,000,000

Prime Investment Opportunity in Al Warsan: Residential Building
Warsan Warsan

Facts

AED 57,000,000
Reference SAN PP 458
Added On 29-Aug-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 63,219 Sq. Ft.
Plot Area 15,000 Sq. Ft.
Furnished Yes

Description

Property ID: SAN PP 458

Location: Al Warsan
Property Type: Residential Building
Ownership: Freehold
Plot Size: 15,000 sq.ft
Saleable Area: 63,218.94 sq.ft
Height: G+P+6
Number of Units: 86

Studio: 36
1 Bedroom: 43
2 Bedroom: 07
Sale Price: AED 57 Million
Rental Income: AED 4.5 Million
ROI: 7.78%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Investment Opportunity in Al Warsan: Residential Building

Introducing a lucrative investment opportunity in Al Warsan—a fully tenanted residential building. This G+P+6 structure spans a saleable area of 63,218.94 sq.ft on a 15,000 sq.ft freehold plot. The building features 86 units, including 36 studios, 43 one-bedroom apartments, and 7 two-bedroom apartments.

Priced at AED 57 million, this property generates an impressive rental income of AED 4.5 million, yielding a strong ROI of 7.78%. Additional costs include a 2% agency fee and a 4% transfer charge on the sale price.

This property offers a secure, high-yield investment in one of Dubai's thriving communities.

Floor Plan Show 3D

Contact the agent to get the relevant floor plan for this listing
Advertiser Character: Authorized Advertiser License Number: 1
Commercial Registration No.: 1

Sale(1421), Rent(610)

Thank you SHAFI IBRAHIM for your submission.
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