Modern G+4 Residential Building | 52 Units | AED 3M Annual Income

A modern mid-rise residential building set on a generous plot area of 30,337.33 sq.ft, designed with clean lines and a balanced façade. The structure rises G+4+R (ground + 4 floors + roof) and comprises a total built-up area of 57,605 sq.ft with a sellable area of 40,837.38 sq.ft, optimized for efficient space utilization.

The building features 52 residential units, all configured as 1-bedroom apartments, each benefiting from large windows and private balconies that enhance natural light and livability. The exterior blends neutral tones with warm wood-textured accents, creating a contemporary and appealing look.

At ground level, the property includes 52 parking spaces, ensuring one dedicated space per unit. Residents also benefit from a fully equipped gym, adding lifestyle value within the development.

Completed in January 2020, the building is fully ready and currently rented, generating a strong annual rental income of AED 3,000,000, with approximately AED 100,000 in annual expenses.

Overall, this property represents a stable, income-generating asset with modern design, efficient unit mix, and solid financial performance, currently offered at an asking price of AED 40,000,000.