Building for Sale – Ground + 4 Floors | Annual Income AED 490,000 Nearly New Building | Only 3 Months Old | Residential & Retail Units An investment opportunity to acquire a modern building, only three months old, with a plot area of 3,500 sq. ft. The property comprises a ground floor and four upper floors, featuring a combination of residential units and retail shops that provide multiple rental income sources.

Property Details

Plot Area: 3,500 sq. ft.
Configuration: Ground Floor + 4 Floors
Building Age: 3 months
Building Composition:
12 one-bedroom apartments
4 studio apartments
3 retail shops
Annual Rental Income: AED 490,000
Asking Price: AED 6,700,000
Location: Near Al Qar

Investment Overview

Approximate Gross Rental Yield: 7.31% annually
Simple Payback Period: Approximately 13.7 years, before expenses

This property combines recent construction, a mix of residential and retail units, and reported annual rental income, making it worth considering for investors seeking a modern income-generating asset.
For more information or to arrange a viewing:
Eman | Al Basmah Real Estate