Mixed Use Building | 8% ROI | On Main Road

Mixed Use Building For Sale

In Naif Area , Deira

G+2 Building

14 Studio Apartments
3 Shops

Annual Rental Income : AED 400,000

Selling Price : AED 5.5 M

Excellent Investment opportunity with 7.3% ROI

About Naif Area :

Naif is a sub-district of the larger Deira district in Dubai. It is the second-most densely populated community in Dubai and one of the oldest sub-districts in the city. From Naif, it takes 10 minutes to access both Deira Corniche and Dubai Creek.

Best known for being home to Naif Souk and Naif Museum, the sub-community is made up of different kinds of low to mid-rise buildings, including apartment buildings, commercial buildings and hotels. Naif Dubai is also one of the best areas to rent apartments in Deira.

Housing a wide array of shops and retail outlets, Deira Naif is the site for many of the top hardware shops in Dubai as well. One can find numerous means of transport within and outside the community with ease. Naif is one of the best areas to live in Dubai for those who rely on public transport.

Property details

Property Type

Whole Building

Property Size

1,600 sqft / 149 sqm