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    Luxurious G+11 Residential Building for Investment in Dubai Land.  | RGEstate UAE Luxurious G+11 Residential Building for Investment in Dubai Land.  | RGEstate UAE

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    Dubai Residence Complex
    AED 80,000,000

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    Luxurious G+11 Residential Building for Investment in Dubai Land.  | RGEstate UAE
    1 of 2
    Luxurious G+11 Residential Building for Investment in Dubai Land.  | RGEstate UAE
    2 of 2

    AED 80,000,000

    AED 80,000,000

    Luxurious G+11 Residential Building for Investment in Dubai Land.
    Dubai Residence Complex Dubailand

    Facts

    AED 80,000,000
    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.

    Floor Plan Show 3D

    Contact the agent to get the relevant floor plan for this listing
    Advertiser Character: Authorized Advertiser License Number: 1
    Commercial Registration No.: 1

    Sale(1421), Rent(610)

    Thank you Aziza KASSAB for your submission.
    We will get back to you soon.

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