AED 520,000,000
AED 520,000,000
Prime Residential Building in Jumeirah Beach Residence Jumeirah Beach Residence Jumeirah Beach Residence (JBR)
Facts
Reference SAN PP 474
Category Residential
Type Residential Building
Offer Type For Sale
Size 694,836 Sq. Ft.
Furnished Yes
Description
Property ID: SAN PP 474
Location: Jumeirah Beach Residence
Property Type: Residential Building (Rented)
Ownership: Freehold
BUA: 694,836 sq.ft
Total Units: 180
1 Bedroom: 10
2 Bedroom: 90
3 Bedroom: 74
Loft: 4
Penthouse: 2
Retail: 6
Sale Price: AED 520 Million
Rental Income: AED 33.7 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Residential Building in Jumeirah Beach Residence
Presenting a prestigious residential building located in the highly desirable Jumeirah Beach Residence area. With a substantial BUA of 694,836 sq.ft, this fully rented property encompasses 180 units, including 10 one-bedroom, 90 two-bedroom, 74 three-bedroom, 4 lofts, and 2 luxurious penthouses. The building also features 6 retail spaces, adding to its commercial appeal.
Generating a robust rental income of AED 33.7 million annually, this asset offers an attractive ROI of 6.5%. The property is available for AED 520 million, with a 4% transfer charge and a 2% agency fee.
This exceptional investment opportunity provides a rare chance to own a high-yielding residential building in one of Dubai's most sought-after locales.
Location: Jumeirah Beach Residence
Property Type: Residential Building (Rented)
Ownership: Freehold
BUA: 694,836 sq.ft
Total Units: 180
1 Bedroom: 10
2 Bedroom: 90
3 Bedroom: 74
Loft: 4
Penthouse: 2
Retail: 6
Sale Price: AED 520 Million
Rental Income: AED 33.7 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Residential Building in Jumeirah Beach Residence
Presenting a prestigious residential building located in the highly desirable Jumeirah Beach Residence area. With a substantial BUA of 694,836 sq.ft, this fully rented property encompasses 180 units, including 10 one-bedroom, 90 two-bedroom, 74 three-bedroom, 4 lofts, and 2 luxurious penthouses. The building also features 6 retail spaces, adding to its commercial appeal.
Generating a robust rental income of AED 33.7 million annually, this asset offers an attractive ROI of 6.5%. The property is available for AED 520 million, with a 4% transfer charge and a 2% agency fee.
This exceptional investment opportunity provides a rare chance to own a high-yielding residential building in one of Dubai's most sought-after locales.
Floor Plan Show 3D
Contact the agent to get the relevant floor plan for this listing