Immeuble à Al Nuaimiya, 11 chambres, 48000000 AED - 16906764

For Sale in Al Nuaimiya 1
An exclusive investment opportunity in a prime location.
Permit for a residential-commercial tower (B + G + 15).
Offers strong rental yields and long-term growth potential.
The tower consists of:
140 residential units
89 parking spaces
Property Details:
4 retail shops
1 studio
75 one-bedroom apartments (1BR)
60 two-bedroom apartments (2BR) — [comprising 30 + 30 units]
89 parking spaces
Current annual income: AED 4,150,000 (with potential for increase).
Asking price: AED 48 million.
Price is negotiable for serious buyers.
Freehold ownership available to all nationalities.
Ideally located near Sheikh Khalifa bin Zayed Street.
Proximity to schools, a hospital, and various amenities.
High occupancy rate with strong demand from tenants.
Perfect for investors seeking stable returns in a growing area.
A rare opportunity to acquire a high-yield asset in a central location with excellent long-term potential.