Investment Chance! +7% Rio Income || Desired Area

This well-maintained building in Al Baraha presents a lucrative investment opportunity. Offering a mix of practicality and potential, it boasts:

The area is considered as a fast-rented district.

Property Details:

* Ground + 4 Residential Floors + Roof
* Plot area: 1,594 sq. ft.
* Built-up area: approx. 7,200 sq. ft.
* 28 studio flats
* Currently rented to an investor for AED 525,000 per year (potential for higher income with individual rentals)
* Amenities: elevator, balconies, CCTV, window AC
* Ground floor flats for added flexibility
* Prime location near amenities, overlooking a main road for visibility.

This property offers the security of a steady income stream while providing potential for future growth. Contact us today to discuss this promising investment opportunity.

Don't miss out on this opportunity to elevate your income. Contact us today to schedule a viewing.

For more information, inquiring about the property, or placing price offer please call us on:
Al Sharay Real Estate Broker Office, permission No. 11866.

For more properties or to list your own properties ((FOR FREE)), please visit us on: alsharaybroker. com.

Property Information

TypeResidential Building
PurposeFor Sale
Reference no.Bayut - 8707-M7XsVv
CompletionReady
Average Rent
Added on26 May 2024

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.