CRC is proud to provide this unique investment opportunity, full residential Building for sale, brand new, individually tenanted.
Apartments: 15 (Studios) + 64 (1 BR) + 24 (2 BR)
Built up area: 144,000 Sq Ft
Facilities : Swimming Pool , Gym , Tennis Court, BBQ Area , Play Area , Gardens.
Financials:Asset Value: AED 55,000,000
Revenue: AED 4,770,000
Est. Annual Expenses: AED 874,000
Annual Net Income: AED 3,896,000
ROI (%): 7.08
Location:
- 15 minutes away from Al Maktoum International Airport
- 5 minutes to Expo 2020 site
- Close access to Emirates Road & Sheikh Mohammed Bin Zayed Road
- Strategically located close to Jebel Ali Port and Dubai Techno Park
- Will host one of the most hyped global events - Expo 2020 Community
Overview:The residential properties are set amidst stunning landscapes and are surrounded by several facilities.
The residential complex also has community center with supermarket, F&B and retails outlets.
The community features a mix of international and local enterprises and the commercial units in the locality aim to contribute to the industrial sector.