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Investment Opportunity | Fully Rented Residential Building
Investment Opportunity | Fully Rented Residential Building

Investment Opportunity | Fully Rented Residential Building

id: MA-S-11990
65,000,000 AED
Residential Buildings
total area: 116253 ft²

Description

A fully completed and income-generating residential asset offering strong returns and future rental upside in a prime UAE location.

                                                                                                                                               

  • Plot Area: 33,078.47 sq.ft
  • Built-Up Area: 116,253.03 sq.ft
  • Sellable Area: 73,459.85 sq.ft                                                                          
  • Configuration: G + 6 + Roof
  • Units: 63 (All 2BR)
  • Parking: 63 spaces
  • Amenities: Gym & Swimming Pool
  • Completion: September 2022
  • Status: Fully operational & 100% rented

Financials:

  • Current Rent: AED 3.5M/year
  • Potential Rent: AED 5.3M/year
  • Expenses: AED 200K/year

A stabilized asset with immediate income and significant rental growth potential.

Evgenia Timofienko
Evgenia TimofienkoOwner & CEO Mayak Real Estate Agency