Building for sale next to Jasmine Garden with 10%

Residential Building || Ground+4+Roof || Near Al Hamidiya Park
Investment Opportunity: Fully Leased Residential Building!

Introducing a lucrative investment opportunity in the heart of Al Yasmeen! This fully leased residential building features a spacious built-up area of 19,523 sq. ft. and consists of 21 apartments: 16 one-bedroom units, 2 two-bedroom units, and 3 studios. This diverse mix caters to a variety of tenants, generating an impressive annual income of AED 519,000.

Key Features:

Fully Occupied: Enjoy immediate cash flow with all units currently leased.

Spacious Layouts:
16 One-Bedroom Apartments: Ideal for singles or couples.
2 Two-Bedroom Apartments: Ideal for small families.

3 Studio Units: Great for students or young professionals.

Prime Location: Conveniently located close to local amenities, parks, schools, and public transport, ensuring strong tenant demand.
Well Maintained: The building has been meticulously maintained, providing a good living environment for tenants.
Strong Income Potential: With an annual income of AED 519,000, this property offers a strong return on investment and potential for future growth.
This property is ideal for seasoned investors or those looking to enter the rental market. Don’t miss out on this opportunity to own a rental building

Property details

Property Type

Whole Building

Property Size

5,300 sqft / 492 sqm

Bathrooms