AED 270,000,000
AED 270,000,000
Prime Investment Opportunity: Rented Hotel Apartments in Jumeirah Beach Residence Jumeirah Beach Residence Jumeirah Beach Residence (JBR)
Facts
Reference SAN PP 473
Category Commercial
Type Hotel Apartment
Offer Type For Sale
Size 376,103 Sq. Ft.
Furnished Yes
Description
Property ID: SAN PP 473
Location: Jumeirah Beach Residence
Property Type: Hotel Apartment (Rented)
Ownership: Freehold
BUA: 376,103 sq.ft
Total Units: 94
2 Bedroom: 44
3 Bedroom: 44
Loft: 4
Penthouse: 2
Retail: 4
Sale Price: AED 270 Million
Rental Income: AED 17.5 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Investment Opportunity: Rented Hotel Apartments in Jumeirah Beach Residence
Presenting a premium hotel apartment building in the prestigious Jumeirah Beach Residence, this property spans a total BUA of 376,103 sq.ft. The development comprises 94 units, including 44 two-bedroom and 44 three-bedroom apartments, along with 4 lofts and 2 exclusive penthouses. Additionally, there are 4 retail spaces, enhancing the building's commercial appeal.
Generating a consistent annual rental income of AED 17.5 million, this asset offers a solid ROI of 6.5%. Priced at AED 270 million, the sale includes a 4% transfer charge and a 2% agency fee.
This investment presents a lucrative opportunity to acquire a high-performing, strategically located hotel apartment building in one of Dubai’s most desirable areas.
Location: Jumeirah Beach Residence
Property Type: Hotel Apartment (Rented)
Ownership: Freehold
BUA: 376,103 sq.ft
Total Units: 94
2 Bedroom: 44
3 Bedroom: 44
Loft: 4
Penthouse: 2
Retail: 4
Sale Price: AED 270 Million
Rental Income: AED 17.5 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Investment Opportunity: Rented Hotel Apartments in Jumeirah Beach Residence
Presenting a premium hotel apartment building in the prestigious Jumeirah Beach Residence, this property spans a total BUA of 376,103 sq.ft. The development comprises 94 units, including 44 two-bedroom and 44 three-bedroom apartments, along with 4 lofts and 2 exclusive penthouses. Additionally, there are 4 retail spaces, enhancing the building's commercial appeal.
Generating a consistent annual rental income of AED 17.5 million, this asset offers a solid ROI of 6.5%. Priced at AED 270 million, the sale includes a 4% transfer charge and a 2% agency fee.
This investment presents a lucrative opportunity to acquire a high-performing, strategically located hotel apartment building in one of Dubai’s most desirable areas.
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