For sale: A new corner building (facing three streets), fully leased, generating an annual income of AED 1,121,000. Freehold ownership.

For Sale: New building in a prime location—second plot from College Street. Fully leased; annual income of AED 1,121,000.
A modern, fully leased building in a strategic location in Al Nuaimiya 2 (behind Safeer). It is a corner property facing three streets and features a full stone façade, ensuring a distinctive presence, easy accessibility, and strong investment potential.
Property Details:
4 floors + roof
Building age: Only 4 years
Condition: Very good and well-maintained
Location: Al Nuaimiya 2 – behind Safeer
Corner property facing three streets
Full stone façade
Land area: 7,500 sq. ft.
Built-up area: 41,000 sq. ft.
Number of units: 36 residential units
25 x 1-bedroom + hall apartments
10 x 2-bedroom + hall apartments
1 x Studio
14 parking spaces
Fully leased
Current income: AED 1,121,000 per year
Asking price: AED 12,500,000
Price is slightly negotiable.