For Sale: Building in Muwaileh

For Sale: Profitable Building in Muwaileh
Discover a lucrative investment opportunity with a building for sale in the thriving Muwaileh area. This property, spanning 3000 square feet, consists of 23 studios and 2 storage spaces. Currently generating an impressive annual income of AED 245,000.
Property Features:

Total Area: 3000 square feet
23 Studios
2 Storage Spaces

Financial Highlights:

Current Annual Income: AED 245,000

Asking Price: AED 3.2 Million
This building is strategically positioned in Muwaileh, an area known for its high demand for rental properties. With 23 studios, it offers a diverse range of accommodation options, making it an attractive choice for tenants.
The current annual income of AED 245,000 showcases the financial viability of this investment. Priced at AED 3.2 million, this opportunity promises not only immediate returns but also long-term appreciation in property value.

Property Information

TypeResidential Building
PurposeFor Sale
Reference no.Bayut - مويلح ح
CompletionReady
Average Rent
Added on1 August 2024

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