Geepas Building 3, Al Rashidiya, Al Rashidiya 2

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Furnished Whole Buildings for sale in Geepas Building 3

Humaid Salem

3M Real Estate LLC

A prime residential and commercial building is for sale in Al Rashidiya 2, near Al Rashidiya Park. This building presents a golden investment opportunity due to its excellent location and numerous advantages.

The land area is 8,522.7 square feet, and the building is designed for mixed-use development, with permits for a ground floor plus six additional floors. It offers 38 residential units, comprising two different apartment layouts: 26 two-bedroom units and 12 three-bedroom units, providing tenants with a variety of housing options.

In addition to the residential units, the building includes two commercial units, adding a commercial element to the investment and enhancing its potential for financial returns. The building generates a total annual income of AED 1,055,500, reflecting a strong and stable return on investment.

The asking price for this building is AED 12,000,000, a price that reflects the market value of the location and the numerous benefits it offers. This price is competitive in the current real estate market, especially considering the potentially high annual return.

In conclusion, this building presents an ideal opportunity for investors seeking a profitable real estate investment in a strategic location. The combination of a prime location, a versatile design, and a strong financial return makes this building an attractive option for real estate investors.

Furnished Whole Buildings for sale in Geepas Building 3

building sale/26 2BHK/12 3BHK/2 shops /9% return

Humaid Salem

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Whole-buildings Available for sale in Geepas Building 3