Prime Investment Opportunity: Rented Hotel Apartment Building for Sale in Al Mankhool, Dubai! 98 Studios, 9.72% ROI!

Al Mankhool Al Mankhool

Property Details:



Property Type: Hotel Apartment Building

Location: Al Mankhool Dubai

Deal Type: Sale

Ownership Type: Freehold Property For Local & GCC Nationality



Key Points:



1) Building Details:

Structure: B+G+7+Roof Floor

Plot Size: 11,000 Sqft

Total Built-up Size: 68,800 Sqft

Basement Floor: 11,000 Sqft

Ground Floor: 11,000 Sqft

Typical Floors: 7 Floors, Each 6,375 Sqft

Roof Floor: 2,175 Sqft

2) Room Configuration:

Number of Rooms: 98 Studios



3) Financials:

Selling Price: AED 36,000,000/- (Net to Owner)

Net Income: AED 3,500,000 Per year

ROI: 9.72% Per year

Transfer Charge: 4% on Selling Price

Agency Fees: 2% of Selling Price, paid by buyer



Usage:

Hotel Apartment



This hotel apartment building in Al Mankhool Dubai offers an excellent investment opportunity in a prime location. The property comprises a B+G+7+Roof floor structure, with a total built-up size of 68,800 sqft on a 11,000 sqft plot. It features 98 studio rooms distributed across the basement, ground floor, seven typical floors, and the roof floor. The net income generated is AED 3,500,000 per year, resulting in a promising ROI of 9.72% per year. The selling price is AED 36,000,000/-, with a transfer charge of 4% on the selling price. Agency fees of 2% of the selling price are to be paid by the buyer.



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