AED 143,000,000
AED 143,000,000
Own a Thriving Investment in JVC: Rented Full Building with High-Rise Appeal Jumeirah Village Circle Jumeirah Village Circle
Facts
Reference SAN PP 466
Category Residential
Type Residential Building
Offer Type For Sale
Size 331,238 Sq. Ft.
Plot Area 24,252 Sq. Ft.
Description
This exceptional freehold opportunity in JVC presents a chance to acquire a fully rented residential and retail building, offering immediate income and long-term value. With its modern design, diverse unit mix, and strategic location, this property delivers a compelling investment proposition for discerning buyers.
Property Details:
Property ID: SAN PP 466
Location: JVC
Property Type: Residential with Retail (Full Building, Rented)
Ownership: Freehold
Plot Size: 24,252 sq.ft
Built-Up Area (BUA): 331,238 sq.ft (Impressive size!)
Number of Units: 138 (Ideal mix for diverse demand)
75 Furnished Apartments:
37 x 1 Bedrooms
38 x 2 Bedrooms
2 Retail Units (Enhanced income potential)
Height: G + 2 Podium + 22 (Offering stunning views and flexibility)
Sale Price: AED 143 Million
Rental Income: AED 7,600,000 (Generating immediate cash flow)
Operating Cost: AED 900,000
ROI: 5.31% (Attractive return on investment)
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price
Prime Location, High Demand:
JVC is a fast-growing residential community with excellent accessibility and proximity to major attractions. This ensures a consistent demand for quality housing and retail spaces, making your investment future-proof.
Diverse Income Streams:
The mix of furnished apartments and retail units caters to different tenant needs, providing a stable and diversified income stream. This mitigates risk and ensures long-term financial stability.
Modern Design and High-Rise Advantage:
The modern design and impressive height offer spacious units with stunning views, attracting tenants seeking a quality living experience. The high-rise aspect also maximizes valuable building space.
Immediate Income and Future Appreciation:
With the building already fully rented, you'll start earning income immediately upon purchase. Additionally, the property's location and design potential offer excellent prospects for future value appreciation.
Contact RGESTATE Today:
RGESTATE is a leading real estate agency in Dubai, with a proven track record of guiding clients through successful property acquisitions and investments. Our team of experienced professionals is dedicated to providing exceptional service and securing the best possible outcome for your investment.
Contact RGESTATE today to schedule a viewing and discuss this extraordinary opportunity to own a thriving asset in the heart of JVC.
Property Details:
Property ID: SAN PP 466
Location: JVC
Property Type: Residential with Retail (Full Building, Rented)
Ownership: Freehold
Plot Size: 24,252 sq.ft
Built-Up Area (BUA): 331,238 sq.ft (Impressive size!)
Number of Units: 138 (Ideal mix for diverse demand)
75 Furnished Apartments:
37 x 1 Bedrooms
38 x 2 Bedrooms
2 Retail Units (Enhanced income potential)
Height: G + 2 Podium + 22 (Offering stunning views and flexibility)
Sale Price: AED 143 Million
Rental Income: AED 7,600,000 (Generating immediate cash flow)
Operating Cost: AED 900,000
ROI: 5.31% (Attractive return on investment)
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price
Prime Location, High Demand:
JVC is a fast-growing residential community with excellent accessibility and proximity to major attractions. This ensures a consistent demand for quality housing and retail spaces, making your investment future-proof.
Diverse Income Streams:
The mix of furnished apartments and retail units caters to different tenant needs, providing a stable and diversified income stream. This mitigates risk and ensures long-term financial stability.
Modern Design and High-Rise Advantage:
The modern design and impressive height offer spacious units with stunning views, attracting tenants seeking a quality living experience. The high-rise aspect also maximizes valuable building space.
Immediate Income and Future Appreciation:
With the building already fully rented, you'll start earning income immediately upon purchase. Additionally, the property's location and design potential offer excellent prospects for future value appreciation.
Contact RGESTATE Today:
RGESTATE is a leading real estate agency in Dubai, with a proven track record of guiding clients through successful property acquisitions and investments. Our team of experienced professionals is dedicated to providing exceptional service and securing the best possible outcome for your investment.
Contact RGESTATE today to schedule a viewing and discuss this extraordinary opportunity to own a thriving asset in the heart of JVC.
Floor Plan Show 3D
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