Prime Location Investment Opportunity in Sabhka Gold Souq

RAJ SAR 1195 presents an exceptional opportunity to own a mixed-use property in the heart of Dubai's bustling Sabhka Gold Souq. This strategically located building boasts 4 spacious 2-bedroom apartments and 7 ground-floor retail units, offering a lucrative blend of residential and commercial income potential.
Ideal for investors and developers:

High-demand location: Situated in the heart of the iconic Sabhka Gold Souq, the property guarantees significant foot traffic and rental demand.
Mixed-use versatility: The combination of residential and commercial units caters to a diverse range of tenants, providing stability and diversification in your rental income.
Spacious apartments: Each 2-bedroom apartment offers ample living space and modern amenities, attracting quality tenants and commanding premium rents.
Ground-floor retail: The ground-floor retail units provide excellent visibility and frontage, ideal for attracting established businesses or launching your own ventures.

Investment potential:

Selling price: AED 12 Million
Projected rental income: (Based on market rates)
2-bedroom apartments: AED 60,000 - AED 75,000 per year each
Retail units: AED 100,000 - AED 150,000 per year each
Estimated annual gross rental income: AED 920,000 - AED 1,275,000

Don't miss this chance to own a piece of prime Dubai real estate in a thriving commercial hub. Contact RGEstate today to schedule a viewing and unlock your investment potential.
About RGEstate:
RGEstate is a leading Dubai-based real estate agency specializing in connecting discerning investors with exceptional property opportunities. With extensive market knowledge, a proven track record of success, and a commitment to personalized service, we help our clients achieve their investment goals.
Contact us today to discuss RAJ SAR 1195 and explore your Dubai real estate options.

Property Information

TypeResidential Building
PurposeFor Sale
Reference no.Bayut - RAJ SAR 1195
CompletionReady
Average Rent
Added on7 May 2024

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