For sale, a new building in Al Majarra, with an ar

For Sale: Luxury Building in Al Majarra
Introduction
A unique investment opportunity is available in the Al Majarra area, featuring a new building for sale with an area of 4,400 square feet. This building features luxurious and distinctive finishes, making it an ideal choice for investors seeking good returns.

Building Details
Structure and Distribution
Number of Floors: The building consists of a ground floor plus four floors.
Commercial Spaces: The ground floor contains five shops, providing the opportunity for steady rental income.
Residential Spaces: The rooms and lounges are distributed across the four floors, totaling 16 rooms and lounges, making it suitable for families or student housing.
Age and Condition
Age: The building is only three years old, meaning it is in excellent condition and ready for immediate occupancy.
Finishes: High-quality materials were used in the finishes, ensuring the comfort of residents and reflecting a high level of luxury.
Financial Returns
Current Income: The building currently generates an annual income of AED 400,000.
Expected Income After Renovation: After some renovations, income is expected to reach AED 550,000 annually, reflecting a good return on investment.
Price and More Information
Asking Price: AED 5.5 million.
Contact Us: You can contact us via phone or WhatsApp on 0588775582 for more details or to arrange a visit.
Summary
This building is a unique investment opportunity, combining a strategic location, luxurious finishes, and good income. If you are looking for an investment that will generate good returns, please feel free to contact us for more information.

Property details

Property Type

Whole Building

Property Size

4,400 sqft / 409 sqm

Bedrooms

Bathrooms

Available from

14 Apr 2025