Freehold building in Nad Al Shiba / Silicon Oasis

Brand new building all units are vacant

All residential

72 apartments, comprising of 46x 1 beds and 26 x studios

The title deed is in place for the building as a whole

Total sq ft is 98,000 built up area

Basement +G + 4

Each apartment has 1 parking space plus there is visitor parking

The Studios will rent at 45,000 AED per year

The 1 beds will rent at 65,000 per year

Total rental income =4,160,000 per year Gross

9.4% ROI Gross

Selling Price = Price 44,000,000 AED

THIS PROPERTY IS RECORDED ON THE SPECIAL TRANSACTION REGISTER - STR:2436/26503/14/09/101 RERA No. 2436

For further information on this property or to discuss additional availability please contact today.

Call Lenet Asatorian+971 561057068/ 04 455 0855 or email or visitwww.ere-homes.comfor further details.

Finance available up to 85% through our preferred partner, MENA Mortgage Services. Ask your broker for more details.

Are you transferring money internationally? Get the most out of your money with our preferred partners, Global Currency Exchange. Ask your broker for more details.

ERE HOMES REAL ESTATE BROKERS

702, Cayan Business Center TECOM, Dubai, United Arab Emirates P.O. Box 30938, Dubai, UAE

Office phone no: 800 69373

Office fax no: +971 (0)4 455 0899

http://www.ere-homes.com/