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12,700,000

Own this from just

45,706 AED/month

Property details

Listed

4 hours ago

Property Type

Whole Building

Bedrooms

7+ Beds

Bathrooms

7+ Baths

Furnishing

Furnished

Area

41,000 ft²

Price per area

AED309/ft²

Available from

7 Sep 2026


WHOLE BUILDING FOR SALE IN SHEIKH JABER AL SABAH STREET, AL NAIMIYA

New building sale/Income exceeding 10%/Fully rente

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.

Amenities

Furnished

Balcony

Security

Concierge

View of Landmark

Lobby in Building

Vastu-compliant


Location

Map preview
Sheikh Jaber Al Sabah Street

About Sheikh Jaber Al Sabah Street

Learn more

Sheikh Jaber Al Sabah Street in Al Nuaimiya offers 2 Bedrooms To 30 Bedrooms properties averaging 1,600 - 42,000 sqft. It currently has 33 active sale listings.

  • Properties Listed33
  • Price range460K - 26M

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Regulatory information
Regulatory information

Reference

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Listed

4 hours ago

Broker License

136247

Agent License

3251

Agent Humaid Salem

Humaid Salem

No ratings

Usually responds within 5 minutes

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