📊 Price Per Sq.ft: 15,000,000 ÷ 32,115 = AED 467 per sq.ft
🏢 Existing Property Details 🔹 First Plot
Building with 15 Apartments
7 Shops
🔹 Second Plot
10 Shops
1 Villa (Back Side)
🏗 Building Age: More than 25 Years ⚠ Important: Building is old — owner can issue official demolition notice through Municipality to tenants for redevelopment purpose.
💰 Current Income Breakdown
Income 1: AED 180,800
Income 2: AED 363,433
Income 3: AED 65,000
👉 Total Current Income: AED 609,233 per year
🚀 Investment Highlights ✅ Main Road Commercial Exposure ✅ Largest Plot Size in Area ✅ Freehold Property ✅ G+8 Development Potential ✅ Suitable for Commercial Tower or Mixed-Use Building ✅ Immediate Rental Income Until Redevelopment