Description
Asset Overview
Prime waterfront location, Marasi Drive, Business Bay
Freehold branded residential building. Walking distance to Downtown, Burj Khalifa & Dubai Mall,
Total 25 units with a combined Built-Up Area (BUA) of 106,500 sq ft.
2 Retail units (total BUA: 3,114 sq ft
23 Residential apartments (total BUA: 103,386 sq ft), consisting of:
– 3 Studio apartments
– 20 Four-bedroom apartments
The valuation report of all 25 units is AED 590,000,000.
Asking Price: AED 490,000,000
Building Details
20 × Full-floor 4BR apartments (penthouses)
3 × Studio units
2 × Retail units
Completed:
2016
3 x Basement + Ground + 22 Floors
Canal-facing,corner plot
Income Profile (Est.)
4BR Units: ~AED 1.1M – 1.3M per year
Studios+ Retail additional income
Total Estimated Income: ~AED 25M+ annually
