Full Building| High ROI |Full Occupation

White and Co. brings to the market this full building located in Discovery Gardens, Jebel Ali. With a high ROI, this is a perfect investment with a guaranteed full-time occupation. With the Palm Jebel Ali coming shortly, what will be a short drive from here and also a 10-minute drive away from Dubai Marina and JBR Beach? For any further details contact Danny Walker on the display number.

Plot area 16,117.88 sq ft
BUA 163,326.35 sq ft
Leasable area 110,600 sq ft
Leasable by ejari 162,191.25 Sq ft
169 apartments
54 x 1 bedroom
115 x studio
10 retail shops
Basement parking
Gym on the 6th floor

Dh 105 million asking price

Approximate revenue
Studio Dh35,000 x 115 = Dh4,025,000
1 bed Dh54,000 x 54 = Dh2,916,000
Shops x 10. = Dh2,500,000
Total revenue. = Dh9,441,000

Expenses per annum
Dewa Dh260,000
Maintenance Dh150,000
Admin. Dh200,000
Insurance Dh13,000
Chiller Dh360,000 (tenants pay 50%)
Total expenses Dh783,000 per annum approx
Fully rented

ROI 8.3 NET

Any further questions please call Danny.

Property Information

TypeResidential Building
PurposeFor Sale
Reference no.Bayut - RL-64981
CompletionReady
Average Rent
Added on13 June 2024

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