Rented Residential Building For Sale + Retails

Property Details
Location: Jumeirah Village Circle (JVC)
Ownership: Freehold
Year Built: 2020
Plot Size: 24,338 sq. ft.
Built-Up Area: 115,000 sq. ft.
Sellable Area: 75,000 sq. ft.
Total Units: 91 Residential Units + 3 Retail Units
Parking: 107 Parking Spaces
Building Status: Fully Rented to Holiday Homes Operator
Chiller: No Chiller Charges
Unit Mix:

52 Studios
31 One-Bedroom Apartments
5 Two-Bedroom Apartments
3 Retail Units
Financial Overview
Net Annual Income: AED 9,000,000
Asking Price: AED 120,000,000
Net ROI / Yield: 7.5% per annum
To proceed, we kindly request the following:

Individual Buyer: Copy of the buyer's Passport or Emirates ID.
Company Buyer: Copy of the company's Trade License.
Please also note that, prior to submitting an offer, the seller will require proof of funds from cash buyers.

Permit No. : 6511620100

Confidentiality Notice:
To protect the business, a signed Non-Disclosure Agreement (NDA) is required before confidential information is disclosed. This ensures the privacy of the business, its employees, and its customers throughout the sales process.

Please Note: Images are for marketing purposes only and may not represent the actual business. Personal inspections are encouraged for qualified buyers.

We are so much more than a full-service real estate firm. We're a group of talented people with a passion for finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible. Blackstone Gulf— Defined by Structure, Driven by Intent.