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AED 23,000,000
AED 23,000,000
Prime Investment Opportunity: Rented G+6 Residential Building in Al Warqa for Sale! Al Warqa Al Warqa
Facts
Permit No 17531
Reference MAK PP 4253
Added On 05-Sep-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 16,319 Sq. Ft.
Description
Rented Residential G+6 Building for Sale in Al Warqa
Key Points:
Prime Location: Strategically located in Al Warqa, offering excellent accessibility and visibility.
Steady Income: Generating a rental income of AED 2,330,000 per year, providing a solid return on investment.
Versatile Accommodation: Features a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom units, catering to diverse tenant needs.
Essential Amenities: Equipped with essential features like security, parking, CCTV, and lifts.
Specifications:
Property Type: G+6 Residential Building (rented)
Ownership Type: Freehold Property (for local and GCC nationals)
Location: Al Warqa
Deal Type: Sale
Selling Price: AED 23,000,000 (Net to Owner)
Current Rental Income: AED 2,330,000 per year
ROI: 10.13%
VAT: 5% of Selling Price
Transfer Charge: 4% of Selling Price
Agency Fees: 2% of Selling Price
Plot Size: 16,319 sq. ft.
Total Units: 40 units
Unit Breakdown: Studio (2), 1-bedroom (2), 2-bedroom (13), 3-bedroom (23)
Usage: Residential
Amenities: Security Room, Garbage Room, Parking, CCTV, Lift
Seize this opportunity to acquire a profitable and well-located residential building in Al Warqa. Contact us today to schedule a viewing!
Key Points:
Prime Location: Strategically located in Al Warqa, offering excellent accessibility and visibility.
Steady Income: Generating a rental income of AED 2,330,000 per year, providing a solid return on investment.
Versatile Accommodation: Features a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom units, catering to diverse tenant needs.
Essential Amenities: Equipped with essential features like security, parking, CCTV, and lifts.
Specifications:
Property Type: G+6 Residential Building (rented)
Ownership Type: Freehold Property (for local and GCC nationals)
Location: Al Warqa
Deal Type: Sale
Selling Price: AED 23,000,000 (Net to Owner)
Current Rental Income: AED 2,330,000 per year
ROI: 10.13%
VAT: 5% of Selling Price
Transfer Charge: 4% of Selling Price
Agency Fees: 2% of Selling Price
Plot Size: 16,319 sq. ft.
Total Units: 40 units
Unit Breakdown: Studio (2), 1-bedroom (2), 2-bedroom (13), 3-bedroom (23)
Usage: Residential
Amenities: Security Room, Garbage Room, Parking, CCTV, Lift
Seize this opportunity to acquire a profitable and well-located residential building in Al Warqa. Contact us today to schedule a viewing!
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