Residential commercial building, ground floor + 2, corner of two streets, 4300 feet, net income 10%
Residential commercial building in Rawda 1
Corner of two streets, building age 4 years
Land area 4300 feet
Ground floor + 2
8 rooms and a large hall
5 very large studios
7 luxury shops
Income 430 thousand
Asking price 4.3 m
8 apartments with one room and a hall
6 apartments with 7 beds, each bed 500 dirhams
A monthly rented apartment 2500 for employees of a delivery company
And an apartment rented at a symbolic price of 1700 for the guard in exchange for following up with tenants
5 studios rented in full monthly 2000 dirhams and a small guard room rented for a thousand dirhams
7 shops rented in full at cheap prices 10 thousand for the shop and 8500 of them. . . meaning it is possible to increase the rent easily in the future
Annual income is between 430 to 450 and it can be increased easily if the citizen's income is higher due to the electricity price for the citizen
Apartments 3500 times = 21000 monthly times 12 = 252000
- . . . 70000
+
30000
+
20400
+
120000
+
12000
+
70000
=
504400 Total building income
Assuming the 7 shops are 8500, the total income remains
493900 thousand dirhams
Expenses approximately 6000 monthly multiplied by 12 = 72000 deducted from the total income
421900 net income for the owner after all expenses.
Corner of two streets, building age 4 years
Land area 4300 feet
Ground floor + 2
8 rooms and a large hall
5 very large studios
7 luxury shops
Income 430 thousand
Asking price 4.3 m
8 apartments with one room and a hall
6 apartments with 7 beds, each bed 500 dirhams
A monthly rented apartment 2500 for employees of a delivery company
And an apartment rented at a symbolic price of 1700 for the guard in exchange for following up with tenants
5 studios rented in full monthly 2000 dirhams and a small guard room rented for a thousand dirhams
7 shops rented in full at cheap prices 10 thousand for the shop and 8500 of them. . . meaning it is possible to increase the rent easily in the future
Annual income is between 430 to 450 and it can be increased easily if the citizen's income is higher due to the electricity price for the citizen
Apartments 3500 times = 21000 monthly times 12 = 252000
- . . . 70000
+
30000
+
20400
+
120000
+
12000
+
70000
=
504400 Total building income
Assuming the 7 shops are 8500, the total income remains
493900 thousand dirhams
Expenses approximately 6000 monthly multiplied by 12 = 72000 deducted from the total income
421900 net income for the owner after all expenses.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 103494-VOnJWy
- CompletionReady
- Average Rent
- Added on28 August 2024
Features / Amenities
Balcony or Terrace
Shared Kitchen
Parking Spaces: 8
Floor: 3
+ 20 more amenities