AED 28,000,000
AED 28,000,000
Full Building Investment Opportunity in International City, Dubai. International City
Facts
Reference SAN ASH 195
Added On 01-Dec-2023
Category Residential
Type Residential Building
Offer Type For Sale
Size 32,291 Sq. Ft.
Description
This exceptional property presents a compelling investment opportunity for those seeking a lucrative freehold asset in Dubai's vibrant International City. This impressive full building, currently rented and generating consistent income, boasts a spacious plot size of 32,291 sq.ft and a sellable area of 160,000 sq.ft, offering ample space for comfortable living and retail activity.
Property Specifications:
Type: Full Building (Rented)
Location: International City
Ownership: Freehold
Plot Size: 32,291 sq.ft
Sellable Area: 160,000 sq.ft
Height: G+6
Number of Units: 44
1 BHK Apartments: 18
2 BHK Apartments: 24
Shops: 2
Sale Price: AED 28,000,000
Rental Income: AED 2,100,000
ROI: 7.5%
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price
Investment Highlights:
Stable Rental Income: Enjoy a steady stream of income with a fully occupied building, generating AED 2,100,000 annually.
High ROI: Achieve a lucrative 7.5% return on your investment, maximizing your financial gains.
Prime Location: Benefit from International City's strategic position, close to major landmarks and offering excellent connectivity.
Freehold Ownership: Own the property outright, granting you complete control and long-term security.
Diversified Unit Mix: Cater to a wider range of tenants with a mix of spacious 1 and 2 BHK apartments and convenient retail shops.
About RGEstate:
RGEstate is your trusted partner in Dubai's real estate market. With a proven track record of success and a team of dedicated professionals, we are committed to guiding you towards informed investment decisions. We offer comprehensive services, including property marketing, tenant management, and legal assistance, ensuring a smooth and stress-free experience.
Contact us today to schedule a viewing and explore this exceptional investment opportunity!
Property Specifications:
Type: Full Building (Rented)
Location: International City
Ownership: Freehold
Plot Size: 32,291 sq.ft
Sellable Area: 160,000 sq.ft
Height: G+6
Number of Units: 44
1 BHK Apartments: 18
2 BHK Apartments: 24
Shops: 2
Sale Price: AED 28,000,000
Rental Income: AED 2,100,000
ROI: 7.5%
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price
Investment Highlights:
Stable Rental Income: Enjoy a steady stream of income with a fully occupied building, generating AED 2,100,000 annually.
High ROI: Achieve a lucrative 7.5% return on your investment, maximizing your financial gains.
Prime Location: Benefit from International City's strategic position, close to major landmarks and offering excellent connectivity.
Freehold Ownership: Own the property outright, granting you complete control and long-term security.
Diversified Unit Mix: Cater to a wider range of tenants with a mix of spacious 1 and 2 BHK apartments and convenient retail shops.
About RGEstate:
RGEstate is your trusted partner in Dubai's real estate market. With a proven track record of success and a team of dedicated professionals, we are committed to guiding you towards informed investment decisions. We offer comprehensive services, including property marketing, tenant management, and legal assistance, ensuring a smooth and stress-free experience.
Contact us today to schedule a viewing and explore this exceptional investment opportunity!
Floor Plan Show 3D
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