Freehold Residential building for sale in Al Qusais.
Brief details of this building:
5 Shops on the Ground Floor sizes 1300, 1400, 1500, 1600, 1700
45 units of 1 BR
18 units of 2 BR
Car Parking 65 in 3 level Basements
Total BUA 117,803 sq ft
Plot Size 20,000 sq ft Aprox
· The Building is: 3 basement + G+9 typical floors
· Progress of the construction: basement and foundation is done and now the construction is on the Ground floor.
· Completion date: July 2016
· Total price of the Building: 62 Millions AED
· Payment: 35 million has to be paid to the owner in cash (Already paid)
27 million will be remaining amount of the building (to be paid by the buyer) to construction company. Remaining 5% after the completion date to the construction company.
· Location: Al Qusais 5, Beirut street on the main road, next to Al Madina Mall
· The estimated Income will be: 10% Net