An excellent investment opportunity to own a newly built residential-commercial building in Al Jurf Industrial 3. The property is first tenant and only one year old, ensuring modern specifications, excellent condition, and minimal maintenance requirements in the near future.
The building is located in a vibrant area close to main roads and essential services, making it highly attractive for tenants and ideal for investors seeking strong and stable returns.
The building permit allows ground + 6 floors, while the current construction is ground + 4, offering great potential for future expansion and increased income.
The total land area is 6,700 square feet, and the building consists of:
1 studio
3 retail shops
11 one-bedroom apartments
8 two-bedroom apartments
Watchman room
The current annual income is AED 890,000, reflecting the strong rental demand and excellent unit mix.
The asking price is AED 10300000, which is a great value considering the current income and future expansion potential.
Don’t miss this opportunity to own a modern building with high returns in a prime location. Contact now for more details or to arrange a viewing.