The property is as follows:
* Al Nakheel 2
* Traditional house + small building
* The building contains:
* 3 shops
* 3 studios
* Plus 10 rented rooms
* Current rentals are to single men without formal contracts
* Current annual income: AED 200,000
* Asking price: AED 2.4 million
* Annual return on the asking price: ≈ 8.3%
* This is considered a relatively good return if the income is stable.