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WHOLE BUILDING FOR SALE IN SHABIYA, MUSSAFAH

Property details

Property Type

Whole Building

Property Size

6,800 sqft / 632 sqm


**For Sale: Building in Musaffah Al Shaabiya, Prime Location**

An excellent investment opportunity to purchase a very clean building located in a prime area, East 10, situated on a corner with two streets, providing easy access and enhancing its value.

**Building Details:**
- **12 apartments**, each with two bedrooms and a living room, offering spacious and comfortable living spaces for families.
- **Retail shops** on the ground floor, adding an additional income source.
- **A spacious yard behind the building**, ideal for parking or other uses.
- **Large parking area** with ample space for numerous vehicles.

**Annual Income:**
- Current rental income is **660,000 AED** per year.
- **Note:** The buyer can increase income as the current rents are old, with an annual increase of **5%**, offering potential for higher returns.

**Additional Features:**
- The building is eligible for financing, and all documents are ready.
- **No loans or mortgages** on the property.

**Asking Price:** **8,500,000 AED**.

Don’t miss this opportunity to invest in this prime building, offering high returns and potential for income growth in the long term.

Regulatory information
Regulatory information

Reference

abraj-12999510