Rented Commercial & Residential Building For Sale in Al Qusai

Al Qusais Al Qusais

Property Overview



Property Type: Commercial & Residential Building



Ownership Type: Freehold Property (For GCC Nationals)



Location: Al Qusais



Deal Type: Sale



Property Details



• Height: G+4+Roof



• Plot Size: 50,000 Sqft



• Total Built-up Area: 25,000 Sqft (Current Building)



• Total Units: 77



o Shops: 16 Units



o 1-Bedroom Units: 12 Units



o 2-Bedroom Units: 49 Units



Pricing Details



• Selling Price: AED 56,000,000 (Net to Owner)



• Transfer Charge: 4% of Selling Price (Paid by Buyer)



• VAT: As Applicable



• Agency Fees: 2% of Selling Price



Rental Income



• Annual Rental Income: AED 3,000,000



• ROI: 5.35?ditional Features



• Remaining Plot for Further Development: Current building covers 25,000 Sqft, allowing construction of an additional building on the remaining plot.



• Facilities:



o Lifts



o CCTV



Key Highlights



• Freehold property in a prime location in Al Qusais with substantial rental income.



• Great opportunity for both immediate returns and future development.



• High ROI of 5.35% ensures stable income with long-term investment potential.



• Well-maintained building with a mix of commercial and residential units, attracting a diverse tenant base.



This is a perfect opportunity for investors looking for steady cash flow and future growth potential in a rapidly developing area. Contact us now for more information or to arrange a viewing.