Building for sale in Al Jurf 3, special price and

A newly constructed building in Al Jurf 3, less than three years old, is for sale. This building is freehold for all nationalities. It consists of a ground floor, three floors dedicated to parking (G+3P), and eight upper floors.

The building is classified as both residential and commercial, making it suitable for both investment and residential purposes. The land area on which the building is located is approximately 10,000 square feet, providing ample space to meet the needs of residents and investors.

**Building Unit Details:**

- 2 shops.
- 27 studios.
- 51 one-bedroom apartments.
- 63 parking spaces.

**Current and Future Income:**

The building is a prime investment opportunity, with a current income of approximately AED 1,515,000 per annum. Income is expected to increase to AED 1,900,000 with the renewal of current leases, as all tenants have completed their three-year terms, allowing for rent increases upon renewal.

**Asking Price:**

The total price of the building is AED 18 million, making it an attractive opportunity for investors seeking lucrative returns in a vibrant area.

This building is an ideal choice for those seeking a long-term real estate investment, guaranteeing a steady income and potential for increased revenue over time.

Property details

Property Type

Whole Building

Property Size

10,000 sqft / 929 sqm

Bedrooms

Bathrooms

Available from

22 Jun 2025