AED 45,000,000
AED 45,000,000
Rented Residential Building for Sale in Dubai Industrial City (DIC) Dubai Industrial City Dubai Industrial City
Facts
Reference SAN PP 700
Added On 25-Sep-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 95,383 Sq. Ft.
Plot Area 70,691 Sq. Ft.
Description
Property ID: SAN PP 700
Location: Dubai Industrial City (DIC)
Property Type: Residential Building (Rented)
Ownership: Freehold
Plot Size: 70,691 sqft
BUA (Built-Up Area): 95,383 sqft
Height: G+1
Total Units: 95 Units
88 Studio Apartments
7 One-Bedroom Apartments
Selling Price: AED 45 Million
Rental Income: AED 3.5 Million
ROI: 7.5%
Agency Fees: 2% on Selling Price
Transfer Charge: 4% on Sale Price
This fully rented residential building in Dubai Industrial City offers a lucrative investment opportunity with a steady rental income of AED 3.5 million and a return on investment (ROI) of 7.5%. The property features 95 units, including studio and one-bedroom apartments, spread across a G+1 structure with a built-up area of 95,383 sqft. At a selling price of AED 45 million, this freehold property is ideal for investors seeking reliable rental returns in a rapidly growing area.
Location: Dubai Industrial City (DIC)
Property Type: Residential Building (Rented)
Ownership: Freehold
Plot Size: 70,691 sqft
BUA (Built-Up Area): 95,383 sqft
Height: G+1
Total Units: 95 Units
88 Studio Apartments
7 One-Bedroom Apartments
Selling Price: AED 45 Million
Rental Income: AED 3.5 Million
ROI: 7.5%
Agency Fees: 2% on Selling Price
Transfer Charge: 4% on Sale Price
This fully rented residential building in Dubai Industrial City offers a lucrative investment opportunity with a steady rental income of AED 3.5 million and a return on investment (ROI) of 7.5%. The property features 95 units, including studio and one-bedroom apartments, spread across a G+1 structure with a built-up area of 95,383 sqft. At a selling price of AED 45 million, this freehold property is ideal for investors seeking reliable rental returns in a rapidly growing area.
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