Property Overview
Property Type: Commercial & Residential Building
Ownership Type: Freehold Property (For GCC Nationals)
Location: Al Qusais
Deal Type: Sale
Property Details
• Height: G+4+Roof
• Plot Size: 50,000 Sqft
• Total Built-up Area: 25,000 Sqft (Current Building)
• Total Units: 77
o Shops: 16 Units
o 1-Bedroom Units: 12 Units
o 2-Bedroom Units: 49 Units
Pricing Details
• Selling Price: AED 56,000,000 (Net to Owner)
• Transfer Charge: 4% of Selling Price (Paid by Buyer)
• VAT: As Applicable
• Agency Fees: 2% of Selling Price
Rental Income
• Annual Rental Income: AED 3,000,000
• ROI: 5.35?ditional Features
• Remaining Plot for Further Development: Current building covers 25,000 Sqft, allowing construction of an additional building on the remaining plot.
• Facilities:
o Lifts
o CCTV
Key Highlights
• Freehold property in a prime location in Al Qusais with substantial rental income.
• Great opportunity for both immediate returns and future development.
• High ROI of 5.35% ensures stable income with long-term investment potential.
• Well-maintained building with a mix of commercial and residential units, attracting a diverse tenant base.
This is a perfect opportunity for investors looking for steady cash flow and future growth potential in a rapidly developing area. Contact us now for more information or to arrange a viewing.