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AED 62,600,000
AED 62,600,000
Rented Residential Building for Sale in Dubai South Dubai South Dubai South
Facts
Permit No 17531
Reference SAN PP 704
Added On 04-Jan-2025
Category Residential
Offer Type For Sale
Size 116,253 Sq. Ft.
Description
Property ID: SAN PP 704
Location: Dubai South
Property Type: Residential Building (Rented)
Ownership: Freehold
Plot Size: 58,653 sqft
BUA (Built-Up Area): 116,253 sqft
Height: G+6
Total Units: 63 Units
63 Two-Bedroom Apartments
Selling Price: AED 62.6 Million
Rental Income: AED 4 Million
ROI: 6.30%
Agency Fees: 2% on Selling Price
Transfer Charge: 4% on Sale Price
This fully rented residential building in Dubai South offers a stable investment opportunity with an annual rental income of AED 4 million and a return on investment (ROI) of 6.30%. The property comprises 63 spacious two-bedroom apartments, spread across a G+6 building. Set on a 58,653 sqft plot with a built-up area of 116,253 sqft, it is competitively priced at AED 62.6 million, making it an attractive asset for long-term investment.
Location: Dubai South
Property Type: Residential Building (Rented)
Ownership: Freehold
Plot Size: 58,653 sqft
BUA (Built-Up Area): 116,253 sqft
Height: G+6
Total Units: 63 Units
63 Two-Bedroom Apartments
Selling Price: AED 62.6 Million
Rental Income: AED 4 Million
ROI: 6.30%
Agency Fees: 2% on Selling Price
Transfer Charge: 4% on Sale Price
This fully rented residential building in Dubai South offers a stable investment opportunity with an annual rental income of AED 4 million and a return on investment (ROI) of 6.30%. The property comprises 63 spacious two-bedroom apartments, spread across a G+6 building. Set on a 58,653 sqft plot with a built-up area of 116,253 sqft, it is competitively priced at AED 62.6 million, making it an attractive asset for long-term investment.
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