Distinctive Building for Sale in Al Nuaimiya 2

A distinguished four-story building with a rooftop terrace is for sale in Al Nuaimiya 2, located behind the renowned Al Safir complex. This building boasts a full stone facade and occupies a strategic corner location on three streets, enhancing its value in terms of both location and visibility.

- Apartments: The building comprises 25 one-bedroom apartments, 10 two-bedroom apartments, and one studio. This variety of residential units makes it suitable for a diverse range of residents, increasing its investment appeal.

- Parking: The building offers 14 parking spaces, ensuring convenience for both residents and visitors.

- Area: The land area spans 7,500 square feet, while the total built-up area is 41,000 square feet, providing ample space for living and amenities.

- Condition: The building is relatively new, less than four years old, and is in excellent condition and remarkably clean, reflecting the meticulous care it has received since its construction.

- Rental and Income: This building is a profitable investment as it is fully rented and generates an annual income of AED 1,331,000. This steady income reflects the consistently high demand for residential units in this building.

- Asking Price: The asking price for this building is AED 12,700,000, a competitive price considering its location and the amenities it offers.

This building is an excellent investment opportunity for investors seeking a property that provides a steady income and a strategic location in the heart of Al Nuaimiya. Its modern design and available facilities make it an ideal choice for residents seeking comfort and luxury.

New building sale/Income exceeding 10%/Fully rente

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