For Sale:
Dubai Buildings
Al Warqaa
Al Warqaa 1
Bayut - 103794-tSaSyC
image00001. jpeg
AED35,000,000
Al Warqaa 1, Al Warqaa, Dubai
11 Beds
11 Baths
46,015 sqft

Profitable Al Warqa Investment: Fully Occupied Building, Dual Usage, Diverse Units. Ideal for Smart Investors

Welcome to a promising investment opportunity in the heart of Al Warqa first. This building, strategically positioned on a sizable plot of 16,320 square feet with a generous built-up area of 46,015 square feet, holds immense potential for astute investors.

Key Investment Points:
- Dual use: The six floors and rooftop present a versatile configuration suitable for both residential and potential commercial usage. Currently, all units are dedicated to residential purposes, ensuring a steady income stream for investors.

- Unit Variety: The thoughtfully designed layout includes two 2-bedroom apartments and four 3-bedroom apartments on each floor, along with two 1-bedroom units and two studios on the rooftop. This diversity caters to a wide range of potential tenants, adding to the property's investment appeal.

- Full Occupancy: With a solid 100% occupancy rate, this building showcases its attractiveness to residents. Investors can benefit from a stable income and strong demand for residential spaces.

- Commercial Potential: Holding dual permissions for commercial and residential use provides a unique opportunity for investors looking to diversify. Future conversion of certain floors into commercial offices could unlock additional revenue streams.

Location and Convenience:
Situated in Al Warqa first, the property offers strategic proximity to essential amenities and potential business hubs, enhancing its investment value.

This is not just a building; it's a strategic investment. Whether you're seeking consistent rental income from residential spaces or exploring the potential for commercial offices, this property presents a compelling opportunity for investors.

Seize this chance to be part of a lucrative investment. Contact us at Monza Properties L. L. C, where your investment vision meets prime real estate.

-GCC only

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Reference no.Bayut - 103794-tSaSyC
  • CompletionReady
  • Average Rent
  • Added on8 January 2024

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