Building for sale in Dubai Land, UAE: 750.01 sq.m. № 742194

Building in Dubai Land, UAE 750.01 sq.m. № 742194

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ID742194 31 490 000 AED

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742194

Property description

Brought to you by Driven Properties, Brand-new, fully leased residential building located in Liwan 2, Wadi Al Safa 2.

Property Overview:

* Building Type: G+4 Residential Building (Ready)
* Total Units: 20 Apartments
* 4 × 1-Bedroom Units
* 12 × 2-Bedroom Units
* 4 × 3-Bedroom Units
* Built-Up Area: 27,158 Sq. Ft
* Plot Area: 8,072.93 Sq. Ft
* Sellable Area: Approx. 19,281.72 Sq. Ft
* Parking: 22 Covered Spaces

Unit Configuration:

* 3 Bedroom (Type 01): 1,218.80 Sq. Ft
* 2 Bedroom (Type 02): 1,101.90 Sq. Ft
* 1 Bedroom (Type 03): 495.00 Sq. Ft
* 2 Bedroom (Type 04): 964.50 Sq. Ft
* 2 Bedroom (Type 05): 914.40 Sq. Ft

Investment Highlights:

* Fully Rented to a reputable Chinese government company
* Lease Term: 3-Year Contract
* Total Rental Income: AED 5.83 Million
* Net ROI: Approximately 7%
* Service Charges: Only AED 15,000 annually (entire building)

This property offers immediate rental yield with a secure tenant, making it an ideal choice for investors seeking stable returns.

Trakheesi Permit: 6548149154