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Ready Rented Residential Building | 60 Units
Ready Rented Residential Building | 60 Units

Ready Rented Residential Building | 60 Units

id: MA-S-11992
65,000,000 AED
Residential Buildings
total area: 128606 ft²

Description

A ready and fully operational residential development offered as a strong turnkey investment opportunity. The project is set on a 32,158.47 sq.ft plot with a total built-up area of 128,606.99 sq.ft and a sellable area of 74,183.72 sq.ft. The building comprises G+6+R configuration and includes 60 spacious 2-bedroom units, designed for both furnished and unfurnished layouts to maximize rental flexibility.

The development is complemented by 67 parking spaces and premium lifestyle amenities including a fully equipped gym and swimming pool, enhancing tenant appeal and ensuring long-term occupancy stability. Completed in December 2022, the property is fully ready and currently rented, generating immediate income.

Managed and presented by Mayak Real Estate, a Dubai-based real estate advisory firm specializing in investment sales and high-yield property solutions, the asset is positioned for investors seeking stable cash flow and long-term capital growth.

With an estimated annual rental income of AED 5.1M against operating expenses of approximately AED 200K, the property delivers a strong net income profile.

Evgenia Timofienko
Evgenia TimofienkoOwner & CEO Mayak Real Estate Agency