Premium Commercial Building for Sale on Al Najdah Street – Abu Dhabi
Location:
Abu Dhabi – Al Najdah Street
Components:
Approximately AED 6,495,000 per annum
Asking Price:
AED 70 million (negotiable – can close around AED 68 or 67 million)
Yield over 9.5%.
Notes:
An investment-grade commercial building located on Al Najdah Street in Abu Dhabi. The property features a ground floor with 6 shops and a mezzanine, and 18 residential floors comprising 54 two-bedroom apartments and 32 three-bedroom apartments. It currently generates an annual income of approximately AED 6,495,000. The asking price is AED 70 million, with potential to negotiate down to AED 68 or 67 million, offering a yield above 9.5%.
Direct sale from Smo Sheikh Office with no intermediary.
Abu Dhabi – Al Najdah Street
Components:
- Ground Floor: 6 shops + mezzanine
- Floors: 18 floors
- Residential Units:
- 54 apartments (2BHK: two bedrooms & living room)
- 32 apartments (3BHK: three bedrooms & living room)
Approximately AED 6,495,000 per annum
Asking Price:
AED 70 million (negotiable – can close around AED 68 or 67 million)
Yield over 9.5%.
Notes:
- Direct sale from Smo Sheikh Office
- No real estate agent or broker involved
An investment-grade commercial building located on Al Najdah Street in Abu Dhabi. The property features a ground floor with 6 shops and a mezzanine, and 18 residential floors comprising 54 two-bedroom apartments and 32 three-bedroom apartments. It currently generates an annual income of approximately AED 6,495,000. The asking price is AED 70 million, with potential to negotiate down to AED 68 or 67 million, offering a yield above 9.5%.
Direct sale from Smo Sheikh Office with no intermediary.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 105231-148hOB
- CompletionReady
- Average Rent
- Added on15 February 2025
Features / Amenities
Balcony or Terrace
Reception/Waiting Room
Gym or Health Club
Cafeteria or Canteen
+ 6 more amenities