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Rented Residential Building for Sale in Dubai Industrial City (DIC)  | RGEstate UAE

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Dubai Industrial City
AED 45,000,000

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Rented Residential Building for Sale in Dubai Industrial City (DIC)  | RGEstate UAE
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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

AED 45,000,000
Permit No 17531
Reference SAN PP 700
Added On 25-Sep-2024
Category Residential
Type Residential Building
Offer Type For Sale
Size 95,383 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.

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 Khurram shazad for your submission.
We will get back to you soon.

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