Investment Offer Fully Rented Building For Sale In Remraam
Net Saleable Area : 67,443 + 57,427 =
124,870 SQFT
Total units:
57+48=105 units
46 x 1bed + 40 x 2bed + 10 x 3bed + 9 x studios
Parking Bays:
50+58=108 bays
Single Corporate Tenant:
5* Hotel Operator
Net yearly rent:
AED 7 million
Sale price : AED 117 million
Remraam is a fantastic mid segment residential community offering very attractive investment returns in the form of higher than market rental yields.
Single corporate tenant, occupies and manages the asset. The tenancy is a four year old roll over fully repairing contract, valid for 2 years at AED 7m NET rental income to the owner p.a. Single “A” grade white collar tenant ensures hassle free rental income, especially since it’s a fully repairing lease.
The asset is for sale as one single entity although the investor/owner may sell on unit by unit (strata).
ABOUT US
Whether you are looking to buy, rent, or sell, you can be confident that Riveria Global Real Estate can accomplish your necessities through our superior understanding of the market and the ample amount of properties that we manage. Our enormous and broad understanding of the Property Market allows us to find and negotiate the best offers from developers: giving our clients the best prices and best real estate achievements. We also provide sound advice concerning investment opportunities to expatriates and/or locals in terms of residential, commercial lavishness and premium property. We cater to every necessity from individuals to companies. Our agency has the most esteemed and highly experienced Dubai property consultants which qualify us to proficiently handle resale and new properties in all the chief freehold areas.
Riveria Global Real Estate provides a massive amount of realty services to our clients. We have a large selection of properties, including villas, apartments, townhouses, holiday homes and Warehouses, openlands offices. We specialize in both commercial and residential properties. Weather buying, selling or renting luxury and exclusive properties. Riveria Global Real Estate can help you reach your goals. We work huge type of different areas, such as Burj Khalifa (The Highest Tower in the World), Palm Jumeirah. (The World's largest man-made island), Emirates Hills, Green Community, Downtown Dubai, Arabian Ranches, Dubai Marina, Jumeirah Beach Residence, Jumeirah Golf Estate, Jumeirah Lake Towers, Al Barari, Emirates Living, Business Bay, Acacia Avenues, DIFC World Trade Center, Just to name a few.
REF NO : SAN GH FBS 212