Name: 7 bedroom Whole buildings for sale in Dubai
Brand: Property Finder

Discovery Gardens

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7 bedroom Whole buildings for sale in Dubai

Irina Sokovikova

Provident Real Estate

Building for Sale in Discovery Gardens
 ROI: 7.9%
 
 Property Details:
 
 Location: Discovery Gardens, Jebel Ali District
 Plot Area: 23,342 sq ft
 Built-Up Area (BUA): 163,326.35 sq ft
 Total Units: 169 Apartments + Retail Spaces
 
 115 Studio Apartments: RERA Average Rent AED 44,000 per year
 54 One-Bedroom Apartments: RERA Average Rent AED 72,000 per year
 10 Retail Shops: Total size of 10,193 sq ft at RERA Rate AED 109/sq ft
 
 Potential for Increased ROI:
 
 The current rental income is based on long-term contracts, many of which are signed at below-market rates. By aligning rental prices with current market trends, the building’s income and ROI could significantly exceed the current 7.9%.
 
 Operating Expenses:
 
 Annual Operating Costs: AED 2,159,481.30, including maintenance and repairs, security services, utilities (DEWA and Empower), and administrative and office costs.
 
 Why Invest?
 
 This property provides a diversified income stream from both residential apartments and retail spaces. It has a stable tenant base in the high-demand Discovery Gardens area, with substantial growth potential through rental price adjustments.
 
 Community Highlights:
 
 Discovery Gardens is a highly desirable residential community, offering lush green spaces and a prime location. It is well-connected to major roads, providing quick access to key Dubai landmarks:
 
 Dubai Mall: 21 minutes
 Palm Jumeirah: 13 minutes
 Burj Al Arab: 18 minutes
 The Walk JBR: 13 minutes
 
 Contact Us:
 
 This is a rare opportunity to acquire a profitable, income-generating property with considerable growth potential. Call now for more information or to arrange a private viewing!
 
 Company Name: Provident Real Estate
 RERA ORN: 1933

7 bedroom Whole buildings for sale in Dubai

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