G+7+R| GCC only| 12.6% ROI | Exclusive

For Sale: Residential Building in Al Raffa, Bur Dubai, Dubai, UAE

Asking Price: AED 20,000,000
ROI: 12.6% NET to Owner

Asteco Property Management is excited to present an exceptional investment opportunity in the highly sought-after area of Al Raffa, Bur Dubai. This residential building exclusive with us, situated in a GCC-only zone, comprises a ground floor and seven residential floors, featuring a mix of one and two-bedroom apartments, complemented by a rooftop area.

Property Highlights:
- Configuration: Ground floor plus seven residential floors
- Apartment Mix: One-bedroom and two-bedroom apartments
- Parking: Available on the ground floor

Location Advantages:
The property is advantageously located in a vibrant residential neighborhood, offering easy access to essential amenities and renowned shopping destinations. Notable nearby landmarks include:
- Al Khaleej Center: Famous for its extensive selection of electronics stores
- Baqer Mohebi Supermarket: A widely recognized market supplying various goods
- New Gold Souk Center: A premier location for purchasing gold and diamonds

The surrounding area features a range of affordable hotels, traditional Arabic cafes, and a variety of South Asian restaurants, ensuring a dynamic lifestyle for residents and visitors alike.

This property represents a remarkable investment opportunity, with a solid return on investment of 12.6% NET to the owner.

For further inquiries or to schedule a meeting, please contact us on +971 50 874 6582.

Property details

Property Type

Whole Building

Property Size

12,603 sqft / 1,171 sqm