Residential Real Estate Assets for Sale in Dubai, United Arab Emirates
|Ownership Duration||5-10 year(s)|
|Industries||Residential Real Estate|
|Local Time||8:52 AM Asia / Dubai|
|Listed By||Advisor / Business Broker|
- Modern and exceptionally finished G+4 building with basement, ground floor, 1st floor, 2nd floor (upper and lower loft) and roof. Property is under the ownership of a private sole-proprietorship organisation.
- Apartments are well-designed with a high-quality finish and large terraces. The duplex units have a lower floor allotted for living/dining and kitchen and upper floor for bedrooms.
- One of the most sought after apartments by investors and tenants in JVC area. The property is based in a luxurious residential area.
- Have utilized Spanish marble for floors and walls. Building has installed Italian appliances for kitchens, and used high quality paints for the furnishing and exteriors of the building. Great effort has been undertaken to maximize the quality and feel of the apartments.
- The building consists of 12 studio apartment units, 50 one bedroom units, 3 two bedroom units, 24 one bedroom duplex (lofted apartment) units, 2 retail units located in the ground floor, 101 total parking (structure and outside) spaces, 2 lifts, 2 swimming pools (adult and kids), 2 sauna and steam (male and female) and a fully equipped gym. There are 89 apartments totally.
- The property's handover year was 2019 (100% complete). The built-up area is 131,341.69 square feet and the plot area according to the title deed is 2,435.81 square meter/ 26,218.84 square feet. The net sellable area is 78,656.52 square feet and the service area is 20,335 square feet. All the requisite certificates for completion and service rooms are present.
- All the units have been rented out with an average ROI of 9 percent annually.
Earlier than 15 daysDirector, Investment - Food And Beverage, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysAdvisor, Moscow, Financial Consultant connected with the Business
Earlier than 15 daysDirector, Investment - Facility Management And Real Estate, Dubai, Corporate Investor / Buyer connected with the Business