WHOLE BUILDING FOR RENT IN PHASE 1, DUBAI INVESTMENT PARK

Full Residential G+3 Building With High ROI in DIP 1

Property Type:

Whole Building

Property Size:

129,576 sqft / 12,038 sqm

Bathrooms:

7+

Available from:

29 Mar 2024


55,000,000 AED/year

Waqar Ahmed usually responds within 15 minutes



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Location

Map

Phase 1

Dubai, Dubai Investment Park

Agent

Waqar Ahmed

RedRock Real Estate LLC

(133 Properties)
Residential Insights
Phase 1
Price Range:16K - 55M AED/year
Community Insights
Dubai Investment Park
3.3/511 building reviews
Mostly apartments | Budget-Friendly
Price Range:15K - 55M AED/year

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Amenities

Shared Pool

Security

Covered Parking

Built in Wardrobes

Shared Gym

Children's Play Area

Vastu-compliant


Description

DLD Permit No: 84003


Property Highlights:

- Total Built-Up Area: 129,576 Sq.ft
- Plot Area: 69,396 Sq.ft
- Structure: G+3 Floors
- Entire Building Central Air-Conditioned
- Includes 2 Elevators for Convenient Access
- Reception Area for Visitors
- Consists of 99 Apartments
- Ample Parking Space: 80 Slots
- Equipped with Security and Garbage Rooms
- Currently Rented to a High-Profile Tenant at AED 5.3 Million Annually
- Recently Constructed, Offering a Prime Investment Opportunity
- Leasehold Land
- Features Emicool Central Cooling System
- Delivers a Robust 9.6% ROI

Apartment Breakdown:
* 30 Studios:
- Modern Flats with 540 Sqft Area
- 1 Bathroom, Balcony Included

* 29 One-Bedroom Units:
- Spacious Layouts Covering 1,036 Sqft
- Includes Bathroom, Living/Dining Space, Powder Room, and Balcony

* 38 Two-Bedroom Type 2 Units:
- One Twin Bedroom, One Spacious Bedroom (1,415 Sqft)
- 2 Bathrooms, Living/Dining Area, Powder Room, 3 Balconies

* 2 Three-Bedroom Units:
- Layout: One Twin Bedroom, Two Spacious Bedrooms (2,590 Sqft Each)
- 3 Bathrooms, Living/Dining Area, Powder Room, Private Garden

The project seamlessly blends traditional and international architectural elements, incorporating Arabic heritage and modern lifestyle concepts. Amenities include a Children's Play Area, Covered Parking, Security Services, Shared Gym, and Pool.

This development addresses the rising demand for executive and family accommodations, particularly in the thriving construction sector. Dubai Investment Park (DIP) serves as an ideal location, catering to businesses in manufacturing, logistics, and IT, alongside offering residential and commercial opportunities. Investing in such properties provides diversification and lucrative returns on investment, given the strong demand and limited availability in the market.

Asking Price : Aed 55,000,000
Agency fees & Transfer fees is Applicable

For last 15 years we specialize in Commercial properties like Warehouses (Storage, Commercial and Industrial purposes), Offices, Labor camps, Staff accommodations, Full building lease, Plots, Factories

We don't list everything we have so, if you don't see it, we still might have it – Kindly contact +971 50 36 36 269 / +971 4 58 98 1 59 or mail: alquoz@redrockre.ae


Company Name:
RedRock Real Estate llc
RERA ORN: 15759
18th Floor, Exchange Tower, Business Bay Dubai.
Phone no: +971 4 58 98 159
Mobile no: +971 50 36 36 269
[link not available]

Reference:

DP-BLD-99

Listed:

1 month ago

Broker ORN:

15759


DLD Permit Number:

67294607021


55,000,000 AED/year

Waqar Ahmed usually responds within 15 minutes

Report this listing