Bulk Sale Units for sale in Dubai Investment Park, Dubai

Sale Price: AED65,000,000

Dubai Investment Park, Dubai

Bulk Sale Units
-- Bed(s)
-- Bath(s)
Available

 
 Advertise your Business here for $1.5 per day

Request Detail

I am interested in other properties in this area:
 Get personalised property listings that meet your exact requirements.

Street Address

Dubai Investment Park, Dubai

Property description

Description:

Cluttons offer you a Full Building with 8.3% NET Rental Yield

Located in the heart of Dubai Investment Park

Ritaj residential complex -one of the splendid projects in DIP
Ritaj is a unique project designed to bring quality yet affordable residential space within the reach of a cross-section of people. It consists of a range of studios and one, two and three bedroom apartments with superb facilities for singles, couples and families. Strategically located, it gives easy access to Dubai, Jebel Ali and Abu Dhabi. Ritaj consists of over 2,000 housing units, hotel staff accommodation, restaurants, shops, a supermarket and a mosque.

* Built up on just 5 floor (G+5), Ritaj provides absolute serenity around you in a spacious residential complex with 20224 apartments

* You will also find landscaped gardens, kids play area, separated Gym for ladies sand gents and 4 swimming pools in a spacious secure and clean environment, al specially designed to suite you lifestyle needs.

Additional Facilities and services: The project also includes different facilities and services which added the luxury and comfort to its tenants such as Masjid, 4 swimming pools, 4 separated gym for ladies and gents, sauna, steam rooms, kids play area, landscaped gardens, covered parking in multi storey parking area, affordable luxury and fully services accommodation, 24 hr security, CCTV security system, MEP services, cleaning and pest control.

Community Center: Includes shops, cafes, restaurants, hypermarket, clinic, pharmacy and ATM baking services

Excellent location: Access to major road network for Duba, Jabel Ali and Abu Dubai. Close proximity to major developments: Dubailand, Plan Jumeriah, Palm Jabel Ali, Dubai Marina. DWC, Bawadi, Jabel Ali Airport and many more.

Building Details:
G+5 Storey
141 Apartments (All Studios)
BUA: 65,015 sqft
Rented to One company at 6,500,000/-
Yearly service charges: AED 780,000
Net Rent: AED 5,720,000

Selling for AED 65,000,000/-
4% DLD Fee
2% Commission
Gross Selling Price: AED 68,900,000/-

NET RENTAL YIELD: 8.3%



Call Sana Sohail on +971 561741493 +971567820004 or email

Company name: Cluttons LLC
RERA ORN: 422
Address: 22nd Floor, Arenco Tower, Sheikh Zayed Road, PO Box 3087, Dubai, United Arab Emirates
Office phone no: 04 365 7700
Office fax no: 04 430 5291
Primary email:
Website: www.cluttons.com/dubai
Company Profile: Cluttons is an international real estate services company with almost 40 years experience in the UAE. Cluttons operates in both the residential and commercial property markets with services including residential sales and lettings, commercial leasing and investment, consultancy, property management and valuation. Whether managing a large portfolio for a corporate client, or helping a family find the perfect home, we make it easy.

Property Features :

  • Size: 65017.00 SqFt
  • Price / SqFt: 999 AED
  • Property Reference: CL-S-2571