- Commercial building for sale in Arjan. Less than 1 year old
- Title: Freehold
- G+2+R Building
- 4 x Retail shops on the Ground Floor (2,630 – 3,946 sq.ft)
- 8 x Offices on the1st floor (from 859 sq.ft to 1,717 sq.ft)
- 1 x office on the 2nd floor (10,290 sq.ft)
- Gym and a Prayer Room on the Roof
- Total Leaseable Area: 7,269,490 of sq.ft of which 13,602 sq.ft is Retail
- Currently 85% occupied and rented for AED 7.2m. The Owner has a
further AED 1m of rentals pending between three office units. This
value is directly comparable to the currently rented units. Owner is
currently in conversation with a few businesses for these vacant units,
but overall they have been very selective about the tenants they are
allowing into the building as owners want long-term high quality
tenants. - Asking Price: AED 90m delivering an ROI of 8%
- Expecting approximately AED 300K in operational costs annually (the
building is less than a year old).
American School – Freehold
Dubai, Dubai Sports City
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Bedrooms
NA
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Bathrooms
NA
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Parking
NA
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