This exceptional freehold property presents a unique opportunity to own two fully rented high-rise buildings in the vibrant Warsan district. Offering a substantial income stream and diverse living spaces, this property makes for a solid and promising investment.

Property Details:

Property ID: SAN PP 487
Property Type: Rented Full Building (2 Towers)
Location: Warsan
Ownership Type: Freehold
Plot Size: 45,000 sq.ft (Combined)
Saleable Area: 99,126 sq.ft (Likely includes common areas)
Height: G + 47
Number of Units: 178
Apartment Mix:
1 Bedroom: 80 units
Studio: 98 units
Sale Price: AED 80 Million
Gross Rental Income: AED 6.2 Million
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price
Prime Location with High Demand:

Situated in the heart of Warsan, a bustling district with growing residential and commercial developments, this property enjoys convenient access to various amenities like schools, healthcare facilities, and retail outlets. The high demand for quality housing in Warsan ensures consistent rental income and potential for future appreciation.

Diversified Rental Income:

With a mix of spacious 1-bedroom apartments and efficient studio units, these buildings cater to various tenant needs, offering a well-balanced and stable income stream. The current gross rental income of AED 6.2 million translates to a 7.75% ROI, indicating a promising return on investment.

Dual Towers, Double Opportunity:

Owning two separate towers within the same property allows for potential diversification and flexibility. You can manage both buildings as one unit or explore individual management strategies for each tower.

Freehold Ownership and Security:

Owning the property freehold grants complete control and long-term security. You can manage the buildings yourself or leverage property management services for hassle-free income generation.

Contact RGESTATE Today:

RGESTATE is a leading real estate agency in Dubai, with a proven track record of guiding clients through successful property acquisitions. Our team of experienced professionals is dedicated to providing exceptional service and securing the best possible outcome for your investment.

Contact RGESTATE today to schedule a viewing and discuss this extraordinary opportunity to own a thriving asset in the heart of Warsan.