- Residential Building in Dubai International City – Corner on two streets
- Building age: 4 years (beautiful building managed by Diar): 2021
- Title: Freehold
- Land area: 26,910 sq.ft
- BUA area 108,112 sq.ft.
- Sellable Area 63,220 sq.ft
- Height G + P + 6 floors
- Amenities include an Olympic sized swimming pool + kids pool + Gym + Reception hall and luxurious entrance to the building
- There are 36 x studios + 42 x 1 bedroom apartments consisting of one bedroom and a hall + 7 x 2 bedroom apartments consisting of two
bedrooms and a hall - 94 parking spaces
- The building is fully rented (Managed by Diar company for 2 years) and throwing off a Net Annual Income of AED 3.95m per annum (ROI 8%
net of all expenses). All expenses are on the tenant including maintenance, elevator contracts, fire, insect control, agriculture, electricity and
water, guard, gas, pool and full services and expenses. The expenses on the owner only include service expenses for palm trees and are
estimated at AED 20-25k pa. - Asking Price AED 54m
Residential Building – Completed 2021 – Rented
Dubai, Dubai Industrial City (DIC)
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Bedrooms
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Bathrooms
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Parking
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