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AED 42,000,000
AED 42,000,000
Hotel Apartment Investment Opportunity in Sought-After Al Furjan Al Furjan
Facts
Reference SAN PP 471
Category Commercial
Type Hotel Apartment
Offer Type For Sale
Size 20,000 Sq. Ft.
Description
This is a unique opportunity to acquire a freehold hotel apartment building with 66 units in the desirable Al Furjan neighborhood. The property is currently rented out and generating a stable annual rental income of AED 4,200,000.00, offering a 10.00% ROI.
Property Details:
Location : Al Furjan
Property Type : Hotel Apartment (Rented) (Fully Furnished)
Ownership : Freehold
Number of Units : 66
Studio Units : 22
1 Bedroom Units : 44
Height : G + 3
Sale Price : AED 42,000,000.00
Rental Income : AED 4,200,000.00 per annum
ROI : 10.00
Property Details:
Location : Al Furjan
Property Type : Hotel Apartment (Rented) (Fully Furnished)
Ownership : Freehold
Number of Units : 66
Studio Units : 22
1 Bedroom Units : 44
Height : G + 3
Sale Price : AED 42,000,000.00
Rental Income : AED 4,200,000.00 per annum
ROI : 10.00
Floor Plan Show 3D
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