Residential Rented Building DIP -NET ROI to 9.166%

AED 75,000,000

Residential Rented Building DIP -NET ROI to 9.166%

 Property Type: Residential Building

 Property size: 55651.03

Agent: Bee Mearini

Phone No:+971567239970

DESCRIPTION

This building speaks for itself. It has fantastic sport and leisure facilities which is all mentioned in our presentation. The finish 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.

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 75,000,000

Call Bee on+971 56 723 9970 for more details.

Company Name: E L I T E Property Brokerage LLC
Company Email: info@elitepropertydxb.com
Telephone Number: +971 4 770 1087
RERA ORN: 25831
Address: Off. 613, The Onyx Tower 1, The Greens(SZR), Dubai-UAE
RERA Permit #:65100142474


PROPERTY FEATURES:
-Balcony
-Shared swimming pool
-Steam room
-Basketball Court
-Children's play area
-Fitness Center
-Tennis courts

Referenc Number: EPS-S-4465

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
call
whatsapp