Commercial Building for Sale in Phase 1

Property Details

CRC is proud to provide this unique investment opportunity, full residential Building for sale, brand new, individually tenanted.
Apartments: 15 (Studios) + 64 (1 BR) + 24 (2 BR)

Built up area: 144,000 Sq Ft

Facilities : Swimming Pool , Gym , Tennis Court, BBQ Area , Play Area , Gardens.

Financials:

Asset Value: AED 55,000,000
Revenue: AED 4,770,000
Est. Annual Expenses: AED 874,000
Annual Net Income: AED 3,896,000
ROI (%): 7.08

Location:

15 minutes away from Al Maktoum International Airport
5 minutes to Expo 2020 site
Close access to Emirates Road & Sheikh Mohammed Bin Zayed Road
Strategically located close to Jebel Ali Port and Dubai Techno Park
Near by Expo 2020 Community


Overview:

The residential properties are set amidst stunning landscapes and are surrounded by several facilities.

The residential complex also has community center with supermarket, F&B and retails outlets.

The community features a mix of international and local enterprises and the commercial units in the locality aim to contribute to the industrial sector.

Facilities and Amenities