AED 16,500,000

Own this from just

59,382 AED/month
2,270 sqft / 211 sqm
WHOLE BUILDING FOR SALE IN SHAIKH HAMDAN COLONY, AL KARAMA

9% ROI | Mix Use Building | New Building

Mix Use Building in Karama

Date of Completion : Aug 2024

Studiol Apartments : 24

Shops : 4

Expected Rental Income : AED 1,500,000

Selling Price : AED 16.5 Million

Expected ROI : 9 %


About Al Karama :

Karama is a residential district of Dubai located on the western banks of the Dubai Creek and one of the older communities of the city. It is one of the most accessible places from all of the city.

Made on a tight grid system, the area spans a meagre 2 km, yet houses thousands of people, leading it to be one of the most populated areas in Dubai. Karama is Home to Karama Park, shares border with the famous Zabeel Park, while Creek Park is nearby

The wide range of restaurants in the locale are also what makes the area so well-known. The community is mostly occupied by expatriates that come from different Asian nationalities, including Filipinos, Pakistanis and Indians so they enjoy many oriental cuisines that reminds them of home, which is precisely what the community offers. You will even find authentic dishes native to Thailand, Sri Lanka, China, but some stores also offer Arab delicacies in the area.

Property details

Property Type

Whole Building

Property Size

2,270 sqft / 211 sqm


Location

Map preview
Al Karama
Community Insights
4.6/53 building reviews

Well connected | Mostly apartments | Budget-Friendly

Price Range:

17M-17M AED

Provided by

Eqarat Sales

3.0

Response time

within 1 hour

Experience

25 years

Languages

English,Arabic,Hindi

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300,000 AED35,000,000 AED
30%
4,950,000 AED13,200,000 AED
1 year25 years

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Monthly payment

59,382 AED

with interest rate of

3.75%

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Reference

eqarat-11295046

Listed

4 days ago

Broker License

20144

Zone name

Al Karama

DLD Permit Number:

6541500000

Agent License

1018

DLD Permit Number

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Eqarat Sales

3.0

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59,382 AED /month

Fixed rates from: 3.75%

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