Building in Musaffah Al Shaabiya, Prime Location

**For Sale: Building in Musaffah Al Shaabiya, Prime Location**

An excellent investment opportunity to purchase a very clean building located in a prime area, East 10, situated on a corner with two streets, providing easy access and enhancing its value.

**Building Details:**
- **12 apartments**, each with two bedrooms and a living room, offering spacious and comfortable living spaces for families.
- **Retail shops** on the ground floor, adding an additional income source.
- **A spacious yard behind the building**, ideal for parking or other uses.
- **Large parking area** with ample space for numerous vehicles.

**Annual Income:**
- Current rental income is **660,000 AED** per year.
- **Note:** The buyer can increase income as the current rents are old, with an annual increase of **5%**, offering potential for higher returns.

**Additional Features:**
- The building is eligible for financing, and all documents are ready.
- **No loans or mortgages** on the property.

**Asking Price:** **8,500,000 AED**.

Don’t miss this opportunity to invest in this prime building, offering high returns and potential for income growth in the long term.

Property details

Property Type

Whole Building

Property Size

6,800 sqft / 632 sqm