Description
Property Features: Total Floors: Ground + 2 Mezzan + 2 Floors + Rooftop Residential Units: <ul><li>4 Studio Apartments</li><li>4 Two-Bedroom Apartments with Living Area</li><li>8 Bedrooms Apartments with Living Area</li></ul> Commercial Spaces: <ul><li>10 Retail Shops</li><li>4 Office Units</li></ul>Investment Highlights: Net Annual Income: 700,000 AED (9.33% ROI) Prime Location: Walking distance to Al-Manar Mall Versatile Usage: Residential & Commercial income streams Growth Potential: High-demand area with proven rental market Financial Breakdown: <ul><li>Asking Price: 9,000,000 AED</li><li>Cap Rate: 9.33%</li><li>Cash Flow: 60,000 AED/month (net)</li></ul>Ideal For: • Institutional investors • Portfolio diversification • Long-term income generation Why This Property? Strong Rental Demand – Proximity to mall ensures continuous tenant interest Low Vacancy Risk – Multiple unit types appeal to diverse tenants Value-Add Potential – Opportunity to increase rents with minor upgrades Contact us for: <ul><li>Detailed financial projections</li><li>Tenant occupancy reports</li><li>Property viewing arrangements</li></ul>
