Dubai – Freehold Residential Full Building

No Longer Available
  • Location:

    Dubai, Dubai

  • Property Type:

    Building

  • BUA:

    9,274,885 Sq Ft

  • RERA No.:

    28537

  • Ref No.:

    CP0055

Property Description

Residential Full Building for Sale

Freehold

Plot area: 34,070,25 sqft

Saleable area: 92,748,85 sqft

Evaluation made last year AED 72 million

Gross Rental income: AED 5,193,083

10 units are vacant

Expected rental income: AED 612,000,00

Total Income: AED 5,805,083

Expenses: AED 400,000

8% Net ROI

Price: AED 700 per sqft Net area

Total Price: AED 64,923,600

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Important Notice:

Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by CommercialProperty.ae in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. CommercialProperty.ae does not have authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents. The photograph shown is for illustrative purposes only due to the confidentiality of the listing, the property being marketed is not as shown. Areas, measurements and distances given are approximate only. Regulations Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: The VAT position relating to the property may change without notice.

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