For sale a premium investment building located in

For sale a premium investment building located in Muwaileh Commercial area in a highly strategic position on three roads including a main street which provides excellent visibility and accessibility, the property is surrounded by schools and essential services and is very close to well known shopping destinations such as Nesto and Lulu making it highly attractive for both residential and commercial tenants

The building consists of a ground floor plus three typical floors and is considered almost new with an age of only one year which ensures low maintenance costs and high rental demand, the total land area is ten thousand three hundred thirty three square feet and the layout has been carefully planned to provide a mix of residential and retail units that maximize income potential

The unit breakdown includes twenty five one bedroom apartments with living rooms and twelve two bedroom apartments with living rooms in addition to one studio apartment, the property also features twelve retail shops generating strong commercial income as well as a caretaker room to ensure proper management and maintenance of the building

The current annual income is two million two hundred seventy two thousand dirhams which reflects the strength of the location and the high occupancy demand in the area, the asking price is twenty five million dirhams making it a compelling investment opportunity with solid returns and future growth potential

This property represents an excellent opportunity for investors seeking stable cash flow and long term appreciation in a growing commercial hub, it is a ready income generating asset that does not require additional development and is ideal for serious buyers looking to expand their real estate portfolio in a prime location

For more information and serious inquiries please get in touch directly

For sale a premium investment building located in

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