16,000,000
Own this from just
57,583 AED/monthProperty details
Listed
3 hours ago
Property Type
Whole Building
Bedrooms
7+ Beds
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
8,000 ft²
Price per area
AED2,000/ft²
Available from
21 Oct 2026
WHOLE BUILDING FOR SALE IN SHEIKH JABER AL SABAH STREET, AL NUAIMIYAIn the heart of Al Nuaimiya 2, a distinguished building is offered for sale, combining a strategic location with promising investment potential. This building comprises a ground floor and eight additional floors, spanning a total area of 8,000 square feet.
The building's history dates back 22 years, reflecting a long track record of catering to both residential and commercial needs. It includes 102 residential and commercial units, carefully divided to meet diverse requirements. These include 9 retail shops, 69 studios, and 24 one-bedroom apartments.
From an investment perspective, the building currently generates an annual income of AED 1.555 million, with projections indicating an increase to AED 1.690 million following planned renovations. This translates to a return exceeding 10%, a positive indicator for investors seeking lucrative opportunities.
The asking price for this building is AED 16 million, with slight room for negotiation, making it an attractive investment opportunity in the current real estate market.
This building is an ideal choice for investors seeking to expand their real estate portfolio in an area of continuous growth and prosperity.
building sale/G+8/Nearly 10% return/ great price
The building's history dates back 22 years, reflecting a long track record of catering to both residential and commercial needs. It includes 102 residential and commercial units, carefully divided to meet diverse requirements. These include 9 retail shops, 69 studios, and 24 one-bedroom apartments.
From an investment perspective, the building currently generates an annual income of AED 1.555 million, with projections indicating an increase to AED 1.690 million following planned renovations. This translates to a return exceeding 10%, a positive indicator for investors seeking lucrative opportunities.
The asking price for this building is AED 16 million, with slight room for negotiation, making it an attractive investment opportunity in the current real estate market.
This building is an ideal choice for investors seeking to expand their real estate portfolio in an area of continuous growth and prosperity.
Amenities
Unfurnished
Balcony
Security
Concierge
View of Landmark
Lobby in Building
Vastu-compliant
Location
About Sheikh Jaber Al Sabah Street
Learn moreSheikh Jaber Al Sabah Street in Al Nuaimiya offers Studio To 30 Bedrooms properties averaging 590 - 42,000 sqft. It currently has 32 active sale listings.
- Properties Listed32
- Price range255K - 16M
Provided by
3M Real Estate LLC
See agency properties (1569)Response time
within 15 minutes
Experience
7 years
Languages
English, Arabic
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Reference
14EBSFATRM1VNXK4PXKQBNJPT4
Listed
3 hours ago
Broker License
136247
Agent License
3251
Usually responds within 15 minutes
Own this property from just
57,583 AED /month
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