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Gated Residential Complex In Dubai Investments Park For Sale
Dubai
Real Estate
Asking Price
|
AED 80807100 |
Employees | 8 |
| Gross Income
|
AED 8631667.5 |
Year Established | 2006 |
* included in the asking price
** not included in the asking price
Gated Residential Complex In Dubai Investments Park For Sale
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Well established and operating residential multi-unit complex-community is for sale in Dubai Investments Park.
Residential Complex consists of 5 G+2 Residential Buildings. It has approx. 400 residential units - perfect combination of studio and 1 bedroom apartments. In addition, the Complex has one cafeteria, which is rented out to third party.
All apartments within the complex are rented out to leading retail, restaurant and engineering companies middle level employees. No labor staff allowed.
The Complex is excellent choice for staff accommodation of hotel, food or retail chains. All apartments are fully occupied.
Current net ROI is 8.5% p.a. Plus, the Seller can give the option of renting out the property from the new Buyer at guaranteed net return of 8% p.a. for 3 years.
Further information will be provided upon signing Non Disclosure Agreement with interested parties.
Selling Reason :Investment in new development projects
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