RESIDENTIAL BUILDING || G+4+ROOF || NEAR HAMIDIYA PARK
Investment Opportunity: Fully Rented Residential Building!
Introducing a lucrative investment opportunity in the heart of AL YASMEEN ! This fully rented residential building features a generous build-up area of 19,523 sqft and consists of a total of 21 flats: 16 one-bedroom units, 2 two-bedroom units, and 3 studios. This diverse mix caters to a variety of tenants, generating an impressive annual income of AED 519,000.
Key Features:
Introducing a lucrative investment opportunity in the heart of AL YASMEEN ! This fully rented residential building features a generous build-up area of 19,523 sqft and consists of a total of 21 flats: 16 one-bedroom units, 2 two-bedroom units, and 3 studios. This diverse mix caters to a variety of tenants, generating an impressive annual income of AED 519,000.
Key Features:
- Fully Occupied: Enjoy immediate cash flow with all units currently rented.
- Spacious Layouts:
- 16 One-Bedroom Flats: Ideal for singles or couples.
- 2 Two-Bedroom Flats: Perfect for small families.
- 3 Studio Units: Great for students or young professionals.
- Prime Location: Conveniently located near local amenities, parks, schools, public transport, ensuring strong demand from renters.
- Well-Maintained: The building has been meticulously cared for, providing a quality living environment for tenants.
- Strong Income Potential: With an annual income of AED 519,000, this property offers a solid return on investment and potential for future growth.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 105453-WvfBrT
- CompletionReady
- Average Rent
- Added on24 October 2024
Features / Amenities
Balcony or Terrace
First Aid Medical Center
Day Care Center
Kids Play Area
+ 3 more amenities
Trends
Mortgage
This property is no longer available
Tareeq Al Hayat Real Estate
Agent:Maruf Hasan