Immeuble à Al Yarmook, 6 chambres, 2200000 AED - 17000062

Prime Investment Opportunity – Fully Rented Property
A prime strategic location with open access to two streets and a lane, fully rented and generating immediate income from day one!
Property Highlights:

Land Area: 2,500 sq. ft.
Units: 4 residential apartments (2 two-bedroom apartments with living rooms + 2 studios) and 3 existing retail shops.
Property Condition: Fully maintained and ready, with no additional expenses required.

Financial Details:

Current Annual Rental Income: AED 140,000 (existing rental contracts with potential for rental increases).
Current Rental Yield: Approximately 6.36%, with excellent potential to increase returns to current market rental rates.

Lease Renewal: Rental contracts are due for renewal in 2027, God willing.
An excellent opportunity for investors seeking immediate rental income and long-term growth potential.