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Prime Residential Building in Jumeirah Beach Residence  | RGEstate UAE

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Jumeirah Beach Residence
AED 520,000,000

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Prime Residential Building in Jumeirah Beach Residence  | RGEstate UAE
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AED 520,000,000

AED 520,000,000

Prime Residential Building in Jumeirah Beach Residence
Jumeirah Beach Residence Jumeirah Beach Residence

Facts

AED 520,000,000
Residential Building
  • SAN PP 474
  • AED 520,000,000
  • Leased
  • 7% P.A
  • 17531
  • AED 33,700,000 P.A.

Description

Property ID: SAN PP 474

Location: Jumeirah Beach Residence
Property Type: Residential Building (Rented)
Ownership: Freehold
BUA: 694,836 sq.ft
Total Units: 180

1 Bedroom: 10
2 Bedroom: 90
3 Bedroom: 74
Loft: 4
Penthouse: 2
Retail: 6
Sale Price: AED 520 Million
Rental Income: AED 33.7 Million
ROI: 6.5%
Agency Fees: 2% On Sale Price
Transfer Charge: 4% On Sale Price
Prime Residential Building in Jumeirah Beach Residence

Presenting a prestigious residential building located in the highly desirable Jumeirah Beach Residence area. With a substantial BUA of 694,836 sq.ft, this fully rented property encompasses 180 units, including 10 one-bedroom, 90 two-bedroom, 74 three-bedroom, 4 lofts, and 2 luxurious penthouses. The building also features 6 retail spaces, adding to its commercial appeal.

Generating a robust rental income of AED 33.7 million annually, this asset offers an attractive ROI of 6.5%. The property is available for AED 520 million, with a 4% transfer charge and a 2% agency fee.

This exceptional investment opportunity provides a rare chance to own a high-yielding residential building in one of Dubais most sought-after locales.

Floor Plan Show 3D

Contact the agent to get the relevant floor plan for this listing
Advertiser Character: Authorized Advertiser License Number: 1
Commercial Registration No.: 1

Sale(1421), Rent(610)

Thank you Diarra Mohamed for your submission.
We will get back to you soon.

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