Whole Building for Sale in Phase 1, Dubai Investment Park

Full residential Building for sale | Brand New |Vacant

Property type:
Whole Building
Property size:
144,000 sqft / 13,378 sqm

55,000,000 AED

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Location

Phase 1

Dubai, Dubai Investment Park

Agent

Sara El Hassi

Commercial consultant at CRC

(956 properties)

Speaks English, Arabic, French

Amenities

Covered Parking

Shared Gym

Shared Pool

Description

CRC is proud to provide this unique investment opportunity, full residential Building for sale, brand new, individually tenanted.
Apartments: 15 (Studios) + 64 (1 BR) + 24 (2 BR)

Built up area: 144,000 Sq Ft

Facilities : Swimming Pool , Gym , Tennis Court, BBQ Area , Play Area , Gardens.

Financials:

Asset Value: AED 55,000,000
Revenue: AED 4,770,000
Est. Annual Expenses: AED 874,000
Annual Net Income: AED 3,896,000
ROI (%): 7.08

Location:

15 minutes away from Al Maktoum International Airport
5 minutes to Expo 2020 site
Close access to Emirates Road & Sheikh Mohammed Bin Zayed Road
Strategically located close to Jebel Ali Port and Dubai Techno Park
Near by Expo 2020 Community

Overview:

The residential properties are set amidst stunning landscapes and are surrounded by several facilities.

The residential complex also has community center with supermarket, F&B and retails outlets.

The community features a mix of international and local enterprises and the commercial units in the locality aim to contribute to the industrial sector.

Reference:
BHM-S-178859
Listed:
4 months ago
Trakheesi Permit:
Issued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties
67314114082
Broker ORN:
Office Registration Number given to each RERA-registered real estate company in Dubai
23624
Agent BRN:
Broker Registration Number issued to agents working for RERA-registered brokerages in Dubai
48942