For Sale:
Dubai Buildings
DAMAC Hills
Carson - The Drive
Bayut - UPS-0248
Guaranteed Net 9% ROI Nursery School for Sale
AED26,000,000
Carson - The Drive, DAMAC Hills, Dubai
6 Baths
40,093 sqft

Guaranteed Net 9% ROI High End Nursery School

Unique Properties Broker proudly presents:

FEATURES:
* Built Up Area: 40,093 sq. ft.
* Pantry: 1
* Fitted
* Unfurnished
* Parking spaces: 20
* View: Community + International Primary School
* 12 year International Educator Tenant till end 2031

One of a kind investment opportunity with a 12 year guarantee rental contract in place and all cheques upfront till end of 2031.

Rental income is 2.084 Million AED per year.
International Operator who operates multiple nurseries in Dubai.
Total Built Up Area of 40,093 SqFt. Land size: 21,226 SqFt.
Custom Built & totally Unique in its own kind "Nursery School".
Winner of the Middle East Design Awards 2019 for Design Education Project of the year.
Located on a Golf Estate next to a well known junior primary school.
The Building is composed of a Ground Floor + Basement play/recreational area.
10 Classrooms that all varies to cater for different needs for ages between 6 months to 4 years,

The Basement floor is a unique play and activity area partially covered by the building and partially opened to clear skies allowing natural light through skylight panels.

Officially approved by the Ministry of Education to cater for up to 180 small kids between ages 6 months up to 4 years of age.

Selling Price 26 Million AED
ROI is 9% x 12 years
Service fees per year AED 84,000


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Property Information

  • TypeCommercial Building
  • PurposeFor Sale
  • Reference no.Bayut - UPS-0248
  • CompletionOff-Plan
  • Added on9 July 2020

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