Property Id: SAN PP 713
Location: DIP (Dubai Investment Park)
Property Type: Residential Building (Rented)
Ownership: Leasehold
Plot Size: 59,211 sqft
BUA: 125,647 sqft
Height: G+4
Total Units: 82 Units
Studio: 1
1 Bedroom: 53
2 Bedroom: 26
Shops: 2
Land Lease: AED 700,000 per year
Selling Price: AED 55 Million
Net Rental Income: AED 4 Million
ROI: 7.2%
Agency Fees: 2% on Selling Price
Transfer Charge: 4% on Sale Price
This leasehold residential building in Dubai Investment Park (DIP) is a prime investment opportunity. With a plot size of 59,211 sqft and a built-up area of 125,647 sqft, the G+4 building features 82 units, including 1 studio, 53 one-bedroom apartments, 26 two-bedroom apartments, and 2 retail shops. It generates a net rental income of AED 4 million annually, with a 7.2% return on investment (ROI). The annual land lease is AED 700,000. Perfect for investors seeking a steady rental income in one of Dubai's key industrial and residential zones.