Title: Residential and Commercial Building for Sale in Al Hamidiya 1, 7 Floors, 1 Shop, 14 Studios, 24 Rooms & Hall, Annual Income 561,500,
A fantastic investment opportunity to own a residential and commercial building in a prime location in Al Hamidiya 1. The building consists of a ground floor and 6 additional floors, offering a perfect mix of commercial and residential units, ensuring an excellent return on investment.
Building Details:
Building Details:
- 1 Commercial Shop located on the ground floor, ideal for any type of retail or business use.
- 14 Studios designed with care to provide comfort and privacy for tenants.
- 24 Rooms & Hall spread across the other floors, offering ample living space with flexibility for different needs.
- The total area of the building is 380 square meters (4090 square feet), offering ample space for both residential and commercial purposes.
- The annual current income of the building is 561,500 AED, ensuring a steady and profitable return for investors.
- The building is in excellent condition with potential for increased revenue through small updates or improvements in the units.
- The asking price for this prime property is 5.8 million AED.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 105585-26SQeJ
- CompletionReady
- Average Rent
- Added on19 December 2024
Features / Amenities
Balcony or Terrace
View
Electricity Backup
Centrally Air-Conditioned
+ 15 more amenities
