Prime Investment Opportunity: Commercial & Residential Tower Building for Sale in Al Nahda, Dubai

Description

Discover a unique investment opportunity with this 12yearold commercial and residential tower building in the highly sought after area of Al Nahda, Dubai. This freehold property, available exclusively to local and GCC nationals, offers a total of 270 units, including 260 residential units and 10 shops, all fully rented and generating a substantial income.

Key Financials:
Selling Price: AED 205,000,000 (Net to Owner)
Current Income: AED 18,000,000 annually
Total Expenses: AED 1,135,000
Net Income: AED 16,865,000
ROI: 8.22%

This property is an ideal blend of residential and commercial spaces, providing flexibility in usage and a steady stream of revenue. The tower is equipped with essential amenities, including lifts, CCTV, and a security room, ensuring the safety and convenience of tenants.

With a strategic location in Al Nahda, known for its thriving community and excellent connectivity, this tower is a perfect choice for investors looking to capitalize on Dubai’s real estate market. Whether you’re exploring opportunities in residential and commercial properties or seeking to diversify your portfolio with hotels for sale in Dubai, this investment offers substantial returns. Additional costs include a 4% transfer charge, 5% VAT, and 2% agency fees on the selling price.

Seize this opportunity to invest in a property that promises solid returns and long term growth. Contact us today to learn more!