WHOLE BUILDING FOR SALE IN AL NAKHIL 1, AL NAKHIL
Greetings, and thank you for your interest in this real estate investment opportunity. I will give you a detailed explanation of the presentation:
1. **Location:**
The building proposed for sale is located in Al Nakheel 1, an important investment area in Dubai characterized by vitality and real estate development.
2. **Building specifications:**
The building consists of ground floor + 6 floors, allowing a large capacity.
The building has a variety of residential and commercial units, including 44 apartments consisting of one room and a hall, 6 studios, and 3 shops.
3. **Area:**
The total land area of the building is 5,960 square feet, which provides plenty of space for diverse use of the property.
4. **Return on investment:**
The current annual income of the building is 717 thousand dirhams, which indicates a viable and stable investment opportunity.
5. **Additional information:**
The construction age of the building is 19 years, which indicates the stability and endurance of the real estate structure.
- It should be noted that the building is mortgaged to First Abu Dhabi Bank.
6. **Ask price:**
The asking price for the building is the full mortgage amount, without charging the seller any expenses or commissions, and is estimated at approximately 6.5 million dirhams.
**Conclusion:**
This building provides an excellent investment opportunity with stable income and a prestigious location in Dubai. Additionally, the asking price is reasonable compared to the current annual yield and specifications provided. If you are interested in real estate investment in Dubai, this opportunity could be a good option to consider. However, you should do your research and check additional terms and details before making a final decision.
building for sale in Al Nakheel1 price6.5 million
Property Type:
Whole Building
Property Size:
5,960 sqft / 554 sqm
Bathrooms:
7+
Available from:
6 Apr 2024
Location
Al Nakhil 1
Ajman, Al Nakhil
Agent
Abdullah Abdullah
AMOON REAL ESTATE
(296 Properties)Amenities
Central A/C
Balcony
Security
Concierge
Maid Service
Built in Wardrobes
Description
1. **Location:**
The building proposed for sale is located in Al Nakheel 1, an important investment area in Dubai characterized by vitality and real estate development.
2. **Building specifications:**
The building consists of ground floor + 6 floors, allowing a large capacity.
The building has a variety of residential and commercial units, including 44 apartments consisting of one room and a hall, 6 studios, and 3 shops.
3. **Area:**
The total land area of the building is 5,960 square feet, which provides plenty of space for diverse use of the property.
4. **Return on investment:**
The current annual income of the building is 717 thousand dirhams, which indicates a viable and stable investment opportunity.
5. **Additional information:**
The construction age of the building is 19 years, which indicates the stability and endurance of the real estate structure.
- It should be noted that the building is mortgaged to First Abu Dhabi Bank.
6. **Ask price:**
The asking price for the building is the full mortgage amount, without charging the seller any expenses or commissions, and is estimated at approximately 6.5 million dirhams.
**Conclusion:**
This building provides an excellent investment opportunity with stable income and a prestigious location in Dubai. Additionally, the asking price is reasonable compared to the current annual yield and specifications provided. If you are interested in real estate investment in Dubai, this opportunity could be a good option to consider. However, you should do your research and check additional terms and details before making a final decision.
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
23,741 AED
with interest rate of
3.89%
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Reference:
Building Al Nakheel1
Listed:
24 days ago
Broker ORN:
121394
6,500,000 AED
Own this from just
23,741 AED/monthAbdullah Abdullah usually responds within 5 minutes
Own this property from just
23,741 AED /month
Fixed rates from: 3.89%
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