Full Residential Bldg DIP2 -100% Rented Net 8% ROI

AED 79,000,000

Full Residential Bldg DIP2 -100% Rented Net 8% ROI

 Property Type:

 Property size: 250070.00

Agent: Belindi Mearini

Phone No:+971567239970


Description: Full Residential Building DIP2 - 100% Rented (Net 8% ROI)


* B+G+5+ Roof Facilities

* 7,100,000 Income per year

* 1.500.000 (+-) Expenses

* 164 Apartments

* 10 Retail

* DIP 2

* Land Lease to DIP per year 387,000

* 30 Years land lease since 2022 (renewable)

* Free Management fee for 2 years

* Selling price: AED 79,000,000


This building speaks for itself. It has fantastic sport and leisure facilities which is all mentioned in our presentation. The finishes of the building is also of high quality and the very attractive point is that this is the only building in the direct area that provides a vast amount of very good retail including one of the biggest supermarkets in the area. This is a "HAVE TO SEE and CONSIDER" investment opportunities.


Reference Number: EPS-S-3314

Call Bee on +97156 723 9970 for further details.

Company Name: ELITE Property Brokerage LLC

Company Email: info@elitepropertydxb.com

Telephone Number: +971 4 770 1087

RERA ORN: 25831

Address: Off. 613, The Onyx Tower 1, Greens(SZR), Dubai-UAE

RERA Permit #:1104897755




-Basement parking

-Broadband ready

-Broadband ready

-Built in wardrobes

-Central air conditioning

-Central heating


-Marble floors


-Shared swimming pool

-Basketball Court

-Children's play area

-Cycling tracks


-Public park

-Public parking

-Public transport




-Walking Trails

Contact Agent For More Information

Your trusted commercial real estate agent in Dubai UAE. We specialize in office spaces, retail spaces and more. Let us assist you in finding your ideal property.
613 Onyx Tower 1, SZR Dubai, UAE
PO Box 449183, Dubai, UAE

Elite Commercial Property DXB is Registered Under Real Estate Regulation Authority of Dubai-UAE, RERA ORN #25831