Commercial Tower | Al Nuaimiya 1 | 10,443 sq. ft. | Freehold for all nationalities

Mixed-use (residential/commercial) property for sale in Al Nuaimiya 1.
An exclusive investment opportunity in a prime location.
Permit for a mixed-use tower: Basement + Ground + 15 floors.
Offers strong rental yields and long-term growth potential.
The tower comprises:
140 residential units.
89 parking spaces.
Property details:
4 retail shops.
1 studio.
75 one-bedroom apartments (1BR + living room).
60 two-bedroom apartments (2BR + living room).
89 parking spaces.
Current annual income: AED 4.15 million, 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.
Close 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 long-term potential.