SECURE STABLE RETURNS | FULLY OCCUPIED BUILDING

Discover an investment property available only through Blackstone Gulf! This fully tenanted, staff accomidation - residential building is an ideal asset for investors seeking stable returns and long-term capital appreciation.

BUILDING DETAILS

Project Specification: Ground + 7 floors + Roof Gym
Built-up Area: 116,820 sqft
Sellable Area: 99,306 sqft
Number of Units: 112 Units
56 Studio | 56 1BHK
Parking: 112 Parking Spaces
Tenure Type: Freehold
Occupancy: Fully rented
Built year: Handover end of 2020
Gross Income: AED 3,261,668
Expenses:
Waste collection : 30,000
Wastewater collection : 276,000
AC + MEP : 57,500
Fire Fighting + Fire Alarm : 6,000
Lift : 19,500
Security : 61,000
Net income: AED 2,811,668
Net ROI: 6.2%
ASKING PRICE: AED 55M

CLIENT REGISTRATION REQUIRED PRIOR TO VIEWINGS.

ABOUT DUBAI INDUSTRIAL PARK (Dubai Industrial City)

Dubai Industrial City, a TECOM Investments member, ranks as Dubai's third-largest non-real estate project. It offers a cost-effective, efficient business environment with diverse industries. Zones include F&B, base metal, transportation, warehouses, and staff accommodations. Adjacent to Jebel Ali International Airport along Emirates Road, it integrates logistic, educational, and mixed-use developments.

COMPANY PROFILE

We are so much more than a full-service real estate firm. We're a group of talented people with a passion for finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible. At Blackstone Gulf, our vision is your success.

Call or WhatsApp Sabele Buraik at +971526282552 / +97145540535 for further details and viewing.

Property details

Property Type

Whole Building

Property Size

99,306 sqft / 9,226 sqm

Available from

19 Feb 2025