for sale. building near the corniche

Golden investment opportunity-for sale a residential commercial building in an excellent location in Rumaila / right near the Corniche
A modern building is only 5 years old. . Fixed annual income + strategic location = promising return on investment
Location: Rumaila district-very close to the Corniche
Structural details:
Commercial residential design
Ground floor: large commercial store+3 parking spaces
6 apartments of room and lounge type
12 Studios (for singles or employees)
Parking: 3 parking spaces
Land area: 3500 feet
Building age: 5 years only
Current annual income: AED 365,000
Scalable by market
Asking price: AED 4.7 million
Important investment notes:
The strategic location near the Jeddah Corniche enhances the value of the property, both in terms of tourist attractions and residential.
The area is densely populated, which makes the demand for small and medium-sized residential units constant.
The presence of a commercial shop on the ground floor adds an important commercial dimension to the return.
All units are currently leased, which means a stable and direct income for the new investor .
The optimal design of the units makes them suitable for long or short rent, ensuring a stable yield with the possibility of increasing it .
For preview or inquiry:
Please contact us to schedule an appointment

Property details

Property Type

Compound

Property Size

3,500 sqft / 325 sqm

Bedrooms

Bathrooms

Available from

25 Jun 2025