AED 7,900,000

Own this from just

28,431 AED/month
6,400 sqft / 595 sqm
WHOLE BUILDING FOR SALE IN AL MANASEER

For Sale: Renovated Building in Al Manaseer

For Sale: Building in Abu Dhabi, Al Manaseer – Prime Location.

- **Features:**
- The building consists of 7 rented apartments, all fully renovated.
- Structural renovations include complete upgrades to electrical and water systems.
- Half of the land is available for building additional annexes, ideal for restaurants or commercial spaces.
- The property is located on two main streets and is equipped with security cameras for safety.
- A designated space for an elevator is already in place.
- The building has a strong structure, and all plumbing and sewage systems have been completely renovated with original, non-commercial materials and come with a warranty.
- The entire electrical system has been updated under the supervision of the Department of Electricity, with safety standards in place.
- Seven new water meters were installed a few months ago at a cost of AED 85,000, overseen by a consultant.
- The property is fully compliant with the local municipality regulations for electricity and water.
- The building allows for the construction of 5 additional floors, along with a rooftop and basement.

- **Additional Details:**
- Land area: 80 x 80 feet.
- Annual rental income: AED 610,000.
- **Asking price: AED 7.9 million.**

This is an exceptional investment opportunity in a prime location in Abu Dhabi with great potential for expansion and development.

Property details

Property Type

Whole Building

Property Size

6,400 sqft / 595 sqm


Location

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Provided by

Abu Yahya

4.0

Abraj Al Husam Real Estate

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Response time

within 24 hours

Experience

21 years

Languages

English, Arabic

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300,000 AED35,000,000 AED
30%
2,370,000 AED6,320,000 AED
1 year25 years

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Monthly payment

28,431 AED

with interest rate of

3.75%

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Reference

abraj-11365229

Listed

1 month ago

Broker License

CN-4644823

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Abu Yahya

4.0

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Own this property from just

28,431 AED /month

Fixed rates from: 3.75%

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