Net ROI 7.3% | Contract One Tenant | Net Income 6.8m | Fully occupied | High ROI | Prime location | Barsha Heights
Patriot Real Estate is delighted to present this Residential Building for sale. A great investment opportunity located in Barsha Heights, Dubai.
Investment Highlights:
• Freehold - available for purchase by All Nationals
• Located in Barsha Heights, Dubai.
• B+G+14+R
• Total units: 140
• 1 Bed: 84
• 2 Bed: 56
• Parking 140 nos
• Air Conditioning Type-Split AC(to save on the district cooling costs)
• Elevator 3
• Gym, Pool
• Plot Area 30,200 Sqft
• BUA 193,000 Sqft
• Building Completion 2014
Expense 1.94m
• Net Income annually = 6.8 Million
• Selling Price = 120 Million
• Current Occupancy 100%
From this building it takes roughly
DIC Metro Station walking 14min
Dubai Mall 17min
Palm Jumeirah 11min
Burj Al Arab 14min
The Walk JBR 15min
Dubai International Airport 25min
Al Maktoum International Airport 34min
The community previously known as Tecom has been rebranded and renamed as Barsha Heights. Located in the heart of Dubai, Barsha Heights features residential and commercial buildings as well as serviced apartments and hotels. It's a vibrant and popular community that has become an integral part of Dubai’s diverse landscape.
Patriot Real Estate Goal is to succeed, with our diverse multinational team upholding our values of Honesty, Integrity and Ethical Practice with all our prized customers. Our Team is trained to create analysis of the Clients requirement and provide a customized solution. Our Team is read to assist and guide you every step of the way while you search for the perfect home or investment Opportunity.
Investment Highlights:
• Freehold - available for purchase by All Nationals
• Located in Barsha Heights, Dubai.
• B+G+14+R
• Total units: 140
• 1 Bed: 84
• 2 Bed: 56
• Parking 140 nos
• Air Conditioning Type-Split AC(to save on the district cooling costs)
• Elevator 3
• Gym, Pool
• Plot Area 30,200 Sqft
• BUA 193,000 Sqft
• Building Completion 2014
Expense 1.94m
• Net Income annually = 6.8 Million
• Selling Price = 120 Million
• Current Occupancy 100%
From this building it takes roughly
DIC Metro Station walking 14min
Dubai Mall 17min
Palm Jumeirah 11min
Burj Al Arab 14min
The Walk JBR 15min
Dubai International Airport 25min
Al Maktoum International Airport 34min
The community previously known as Tecom has been rebranded and renamed as Barsha Heights. Located in the heart of Dubai, Barsha Heights features residential and commercial buildings as well as serviced apartments and hotels. It's a vibrant and popular community that has become an integral part of Dubai’s diverse landscape.
Patriot Real Estate Goal is to succeed, with our diverse multinational team upholding our values of Honesty, Integrity and Ethical Practice with all our prized customers. Our Team is trained to create analysis of the Clients requirement and provide a customized solution. Our Team is read to assist and guide you every step of the way while you search for the perfect home or investment Opportunity.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 7737-6Ojj9N
- CompletionReady
- Average Rent
- Added on2 August 2023
Trends
Mortgage
This property is no longer available
Patriot Real Estate
Agent:Property Consultant NIR