Residential Rented Building DIP -NET ROI to 9.166%

This building speaks for itself. It has fantastic sport and leisure facilities which is all mentioned in our presentation. The finish of the building is also of high quality and the very attractive point is that this is the only building in the direct area that provides a vast amount of very good retail including one of the biggest supermarkets in the area. This is a "HAVE TO SEE and CONSIDER" investment opportunities.

B+G+5+ Roof Facilities

7,100,000 Income per year

1.500.000 (+-) Expenses

164 Apartments

10 Retail

DIP 2

Land Lease to DIP per year 387,000

30 Years land lease since 2022 (renewable)

Free Management fee for 2 years

Selling price: AED 75,000,000

Call Bee on+971 56 723 9970 for more details.

Company Name: E L I T E Property Brokerage LLC
Company Email: info@elitepropertydxb.com
Telephone Number: +971 4 770 1087
RERA ORN: 25831
Address: Off. 613, The Onyx Tower 1, The Greens(SZR), Dubai-UAE
RERA Permit #:65100142474

PROPERTY FEATURES:
-Balcony
-Shared swimming pool
-Steam room
-Basketball Court
-Children's play area
-Fitness Center
-Tennis courts