Building for sale in Dubai Land, UAE: 1592.36 sq.m. № 741847

Building in Dubai Land, UAE 1592.36 sq.m. № 741847

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ID741847 17 998 000 AED

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741847

Property description

Brought to you by Driven Properties, this exceptional G+4 residential building is located in Al Salam 2, Liwan 2, Dubai Land.

An outstanding investment opportunity to acquire a brand-new, fully leased residential building in one of Dubai's fastest-growing communities. Offering immediate rental income, a secure corporate lease, and attractive returns, this asset is ideal for investors seeking long-term capital appreciation and stable cash flow.

Property Highlights:

* Brand-New & Completed Building
* Entire Building for Sale (Single Title Deed)
* G+4 Residential Building
* Gross ROI: 6.20% (Approx. 6% Net)

Investment Details:

* Corporate Head Lease with SBK Real Estate LLC
* Lease Secured Until 15 June 2027
* Annual Contracted Rental Income: AED 1,125,000
* Rent Payable in 3 Cheques
* Low Annual Service Charges: AED 19,600
* Modern Construction with Minimal Maintenance Requirements

Building Specifications:

* 20 Residential Apartments(16) 1BHK Apartments(4) 2BHK Apartments
* Saleable Area: 17,140.38 sq. ft.
* 20 Dedicated Parking Spaces

Why Invest?

* Immediate rental income from a secured corporate lease
* Strong gross yield of approximately 6.2%
* Stable, predictable cash flow with long-term tenancy
* Brand-new construction with contemporary finishes
* Low operating and maintenance costs
* Excellent unit mix supporting high occupancy
* High-demand residential location with strong rental growth potential

Liwan 2, located within Dubai Land's Wadi Al Safa 2 district, is an emerging residential community known for its affordability, excellent connectivity, and increasing rental demand.

Trakheesi Permit: 6549653776