AED 80,000,000
AED 80,000,000
Luxurious G+11 Residential Building for Investment in Dubai Land. Dubai Residence Complex Dubailand
Facts
Reference SAN ASH 193
Added On 01-Dec-2023
Category Residential
Type Residential Building
Offer Type For Sale
Size 34,372 Sq. Ft.
Description
A unique opportunity to own a freehold income-generating residential building in Dubai Land. This impressive property boasts 176 modern apartments, offering a mix of 1 and 2 bedrooms, perfect for today's discerning renters.
Property Details:
Type: Residential Full Building (Rented)
Location: Dubai Land
Ownership: Freehold
Height: G+11
Plot Size: 34,372 sq.ft
Sellable Area: 287,365 sq.ft
Number of Units: 176 Nos
1 BHK - 132 Nos
2 BHK - 44 Nos
Sale Price: AED 80,000,000
Rental Income: AED 6,800,000
ROI: 8.5%
Building Age: 3 years old
Agency Fees: 2% on Sale price
Transfer Charge: 4% on Sale Price
This meticulously maintained building is currently fully occupied, providing a stable and consistent rental income. With its spacious units, modern amenities, and prime location, this property is highly sought-after by tenants.
Investment Highlights:
Freehold ownership, allowing complete control and appreciation potential.
Strong rental income with an attractive ROI of 8.5%.
Diverse mix of 1 and 2 bedroom apartments catering to a wide range of tenants.
Prime location in Dubai Land, ensuring high occupancy rates and rental yields.
Well-maintained building with minimal ongoing maintenance costs.
RGEstate: Your Trusted Partner in Dubai Real Estate
RGEstate is a leading Dubai-based real estate agency with a proven track record of success. We are committed to providing our clients with exceptional service, expert market knowledge, and personalized guidance throughout the buying and selling process.
Contact us today to schedule a viewing or discuss your investment options in detail.
Property Details:
Type: Residential Full Building (Rented)
Location: Dubai Land
Ownership: Freehold
Height: G+11
Plot Size: 34,372 sq.ft
Sellable Area: 287,365 sq.ft
Number of Units: 176 Nos
1 BHK - 132 Nos
2 BHK - 44 Nos
Sale Price: AED 80,000,000
Rental Income: AED 6,800,000
ROI: 8.5%
Building Age: 3 years old
Agency Fees: 2% on Sale price
Transfer Charge: 4% on Sale Price
This meticulously maintained building is currently fully occupied, providing a stable and consistent rental income. With its spacious units, modern amenities, and prime location, this property is highly sought-after by tenants.
Investment Highlights:
Freehold ownership, allowing complete control and appreciation potential.
Strong rental income with an attractive ROI of 8.5%.
Diverse mix of 1 and 2 bedroom apartments catering to a wide range of tenants.
Prime location in Dubai Land, ensuring high occupancy rates and rental yields.
Well-maintained building with minimal ongoing maintenance costs.
RGEstate: Your Trusted Partner in Dubai Real Estate
RGEstate is a leading Dubai-based real estate agency with a proven track record of success. We are committed to providing our clients with exceptional service, expert market knowledge, and personalized guidance throughout the buying and selling process.
Contact us today to schedule a viewing or discuss your investment options in detail.
Floor Plan Show 3D
Contact the agent to get the relevant floor plan for this listing
Thank you Aziza KASSAB aziza.kassab93@gmail.com for your submission.
We will get back to you soon.