building for sale with an increaseable income of9%

A fantastic investment opportunity for sale in a prime location! This commercial and residential building consists of a ground floor and two additional floors, with a total area of 10,000 square feet, making it the ideal choice for investors seeking a property that guarantees a steady income and excellent returns.

The building includes 5 commercial shops situated in a strategic location, offering a great opportunity to either start a business or rent them out for additional income. The property also features 14 one-bedroom apartments, making it perfect for individuals or couples. In addition, there are 6 two-bedroom apartments, ideal for small families. Furthermore, the building houses 8 modern and well-equipped studio apartments to cater to the needs of various residents.

All residential units are equipped with split air conditioning systems to ensure maximum comfort for the tenants.

The annual rental income from this property is 520,000 AED, which means the returns on investment will be highly rewarding.

The asking price is a final 6,000,000 AED, making this an irreplaceable investment opportunity for a property that offers consistent income in a sought-after location.

Don't hesitate to contact us for more details or to schedule a site visit.

Property details

Property Type

Whole Building

Property Size

10,000 sqft / 929 sqm