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AED 80,000,000

AED 80,000,000

Vacant Residential Building for sale in CBD International City
International City International City

RGEstate

Facts

AED 80,000,000
Permit No 17531
Reference SAN PP 779
Added On 11-Jan-2025
Category Residential
Type Residential Building
Offer Type For Sale
Size 132,304 Sq.Ft.
Number Of Units 71

Description

✅ Vacant Full Residential Building with Retail – CBD International City | G+10 | Freehold | Income-Generating Potential
✅ Property ID: SAN PP 779
✅ Location: CBD Cluster, International City, Dubai
✅ Property Type: Residential + Retail Full Building (Vacant)
✅ Ownership: Freehold

✅ Property Specifications
Plot Size: 33,090 sqft

BUA (Built-Up Area): 132,304 sqft

Saleable Area: 101,363 sqft

Height: G + 10

Configuration:

Total Units: 71

1-Bed Units: 20

2-Bed Units: 50

Retail Units: 1 (ground floor, ideal for supermarket or café)

✅ Financial Overview
Selling Price: AED 80,000,000

Price per BUA: ~AED 605/sqft

Agency Fees (2%): AED 1,600,000

Transfer Charges (4%): AED 3,200,000

Total Estimated Acquisition Cost: AED 84,800,000

✅ Opportunity Snapshot
✅ Vacant – ideal for:

Immediate leasing strategy targeting high-demand rental segments

Renovation & repositioning to enhance rental yield

Build-to-hold investment in an established, high-occupancy residential zone

Bulk resale of leased units (condo-strategy possible with title split)

✅Investment Highlights
✅ Large BUA of 132K sqft with great efficiency (76% saleable)

✅ Strong leasing demand in International City CBD from working professionals and families

✅ Retail component provides added rental stream

✅ Located in a mature community with affordable rents, high occupancy, and strong rental cash flow

✅ Potential ROI: 7.5–9% net upon stabilization, based on area rental comps

✅ Location Overview: CBD – International City
Positioned in Dubai’s original affordable residential hub

Surrounded by retail outlets, supermarkets, and community facilities

Direct access to Mohammed Bin Zayed Road (E311) and Ras Al Khor Road

10–15 minutes from Silicon Oasis, Dragon Mart, and Dubai Academic City

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
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