Map
Ready business, 6307.5m²
district Dubai Marina, str. Al Marsa
On map
136 147 170 $
21 585 $/m²
Description
Edited: 03.08.24
Etagi Real Estate would like to offer you this amazing investing Building, which is located in Dubai Marina
Hotel apartment in Dubai Marina for sale:
- Prime location with Canal View
- Freehold
- Not mortgaged
- Fully furnished and equipped
- Occupancy rate above 90% throughout the year
- 272 flats ranging from Studio, 1 Bedroom and 2 Bedrooms
- 10 retail shops
- parking available
- Asking price: AED 500 million
- Buyer can negotiate with owner directly after providing LOI, proof of funds (10% manager’s cheque as deposit) and KYC documents
- First Valuation done in November 2022 and it was reported at AED 415 million (USD 113 million)
- Second Valuation done in July 2023 and it was reported at AED 454 million (USD 123 million)
- ROI around 7-8%
- building age: 2 years
- the facility is fully operational and managed by owner
For more information, please call Alaa Alkhoury (phone no: +971506825189)
We are ETAGI, a prominent real estate company and one of Europe''s largest, ranked as part of the TOP 10 companies worldwide. With branches in more than 200 cities, we offer extensive coverage. Our property website attracts over 10 million visitors per month.
Etagi Dubai is your partner of choice for all your real estate needs!
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Characteristics
- Object code11100396
- LineFirst
- Floor / Number of floors25 out of 25
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- Main
- Commercial property
- Ready business
- Dubai Marina
- Al Marsa
- Object code 11100396