Full Building | High ROI | Full Occupation

THANK YOU FOR CHOOSING THORNBERRY REAL ESTATE.

PROPERTY DETAILS:

- Plot area: 23,341.86 sq ft
- BUA 163,326.35 sq ft
- Leasable area 110,600 sq ft
- 169 apartments
- 54 x 1 bedroom
- 115 x studio
- 10 retail shops
- Basement parking x 90 spaces only
- Gym on 6th floor

Approximate revenue:
- Studio Dh46,000 x 115 = Dh5,290,000
- 1 bed Dh65,000 x 54 = Dh3,510,000
- Shops x 10. = Dh2,500,000
- Total revenue. = Dh11,300,000
- Expenses per annum
- Dewa AED190,000
- Maintenance Dh150,000
- Admin. Dh200,000
- Insurance Dh13,000
- Chiller Dh360,000 (tenants pay 50%)
- Service fees Dh250,000 50% paid by tenants
- Total expenses Dh983,000 per annum approx
- Fully rented
- ROI 9%

One Bedroom Apartments
Choose between a small or large one
bedroom apartment. The small one
bedroom is ideal for the professional
couple . The larger one bedroom is
ideal for a small family. 54 one bed-
room apartments in Building 6
Small one bedroom
Up to 1,000 sq feet, One bathroom,
one large double bedroom, living room
and large kitchen with copious cup-
boards
Large one bedroom Apartments
1,500 square feet,
With two balconies

Discovery Garden Amenities:
- Shops
- Restaurants
- Clinics
- Pharmacies
- Tennis Courts
- Basket ball courts
- Football pitches
- Access to Swimming pool in the Gardens

Selling Price:
105 million asking price

REF: Nawaz

Multiple Units Available with us.
Call Basheer on +971555963414 or
visit our office for further details.
Company Name: Thornberry Real Estate
Address: Single Business Tower, Business Bay, United Arab Emirates
RERA ORN: 36946
email: basheer.vorkamb@gmail.com

Property details

Property Type

Whole Building

Property Size

23,341 sqft / 2,168 sqm

Bathrooms

Available from

18 Sep 2024