AED 6,000,000

Own this from just

21,594 AED/month
7+ Bedrooms
7+ Bathrooms
4,000 sqft / 372 sqm
WHOLE BUILDING FOR SALE IN AL RUMAILAH BUILDING, AL RUMAILAH 2

Building for sale in Al-Rumaila with an income of

**Building for sale in Al Rumaila 1 – A unique investment opportunity**

A residential and commercial building is for sale in Al Rumaila 1, one of the city's prime locations, close to the Ship Roundabout and the Corniche. This building offers a great investment opportunity for those interested in real estate investment, thanks to its strategic location and practical design that meets both residential and commercial needs.


The building is designed with a permit permitting construction on a ground floor + 6 floors + a roof, making it ideal for housing a large number of residential units and shops. The land area on which the building is located is 370 square meters, equivalent to approximately 4,000 square feet.

The building consists of:
- **29 residential units**, distributed as follows:
- **25 one-bedroom apartments**: These are the most sought-after option in the residential market, providing comfort and space for individuals and small families.
- **One two-bedroom apartment**: Suitable for larger families or those looking for additional space.
- **3 Shops**: This represents an excellent opportunity for commercial investment, as it can be rented out or used to launch commercial projects.

### **Annual Income**
The building boasts a fixed income of **AED 568,000** annually, with the potential to increase this income in the future. It is worth noting that most of the 1BHK apartments are rented for AED 17,000 annually, reflecting the high demand for this type of residential unit in the area.

### **Location**
One of the most important features of this building is its location near the Ship Roundabout and the Corniche, making it attractive to tenants due to its easy access to public facilities and services. The area is also known for its lively commercial activity, which increases the property's value and enhances investment opportunities.

### **Asking Price**
The asking price for this building is **AED 6 million**, a price that reflects the

Property details

Property Type

Whole Building

Property Size

4,000 sqft / 372 sqm

Bedrooms

7+

Bathrooms

7+

Available from

8 Aug 2025


Amenities

Central A/C

Balcony

Security

Concierge

Lobby in Building

Vastu-compliant


Location

Map preview
Al Rumailah building
Residential Insights

Price Range:

2.3M-60M AED
Al Rumaila
Community Insights

Price Range:

570K-150M AED

Provided by

Helmi Aoun

4.1

EVAGE REAL ESTATE SPS.LLC

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Response time

within 5 minutes

Experience

8 years

Languages

English, Arabic

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Monthly payment

21,594 AED

with interest rate of

3.75%

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Regulatory information

Reference

01K252APMXH5MQTNB1VH5WKM2D

Listed

1 day ago

Broker License

126058

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