Investment Opportunity | G+P+3+R | Fully Rented

Presenting a rare opportunity to acquire a fully rented G+P+3+R building in the thriving community of Al Warsan 1. This building, handed over in 2019, boasts 34 apartments along with 6 commercial shops on the ground floor, offering a balanced residential and retail mix. The building also has a low service charge, ensuring strong rental yields and immediate income. This property offers diversified revenue streams and long-term appreciation potential, making it an ideal hassle-free investment.

Property details:
- Ground + Parking + 3 Floors + Rooftop
- Plot size: 11,626 sq. ft.
- GFA: 29,328 sq. ft.
- BUA: 54,329 sq. ft.
- Total of 34 apartments (1 & 2 bedrooms)
- Total of 34 parking slots
- Number of retail shops: 6
- Two elevators
- Building lobby
- Rooftop pool

Al Warsan 1 is a rapidly growing area in Dubai, known for its strategic location and excellent connectivity to major highways such as Sheikh Mohammed Bin Zayed Road and Al Awir Road. With an increasing number of amenities, including retail outlets and schools, and its proximity to International City and Dragon Mart further enhances its appeal. Combining affordability, accessibility, and strong development potential, Al Warsan 1 is an attractive destination for investors looking for long-term growth opportunities.

Prime Estates is a specialist in luxury real estate with a property portfolio that only features Dubai’s finest, most luxurious homes in prime locations across the city.

Trade License No: 590872
RERA ORN: 546

Office Address: Office 4503, Ubora Office Tower, Marasi Drive, Business Bay, P.O. Box 214524, Dubai, UAE
WhatsApp: +971 55 433 8822
Email: hello@primeestates.ae

Property details

Property Type

Whole Building

Property Size

54,329 sqft / 5,047 sqm

Property age

Available from

17 Sep 2024