Fully Leased Residential Building for Sale in Discovery Gardens

A fully leased residential building located in the established community of Discovery Gardens, offering stable rental income and strong long-term investment potential.

Key Details:

• Asking Price: AED 55,000,000

• Location: Discovery Gardens, Type W, Street 8

• Total Units: 49

Unit Breakdown:

• Studio Apartments: 5 units

• One Bedroom: 3 units

• Two Bedroom: 41 units

Total Built-Up Area (BUA): 99,383 sq.ft

Financials:

• Annual Rental Income: AED 5.28 million

• Estimated Annual Maintenance: AED 800,000

This asset presents a solid yield opportunity in a high-demand residential area, popular among tenants due to its accessibility, infrastructure, and proximity to key areas of Dubai.