New building for sale in Al-Hamidiyah, corner of two streets, next to the court and passport office, strong annual income.
Type
Residential Building
Purpose
Sale
Furnishing
Unfurnished
Updated
29th May 2026
Completion Status
Ready
أكيد، هذه الترجمة إلى الإنجليزية بصياغة احترافية مناسبة للإعلان العقاري: For sale, a newly constructed building in Al Hamidiya, offered directly by the owner. The building enjoys a highly strategic location on the corner of two main streets, close to the Court and the Immigration and Passport Department, providing excellent visibility and strong traffic flow, making it an ideal opportunity for long term investment. The building is only one year old and ready for immediate handover. It has been developed with a modern architectural design and high quality finishes, offering spacious layouts and open views for all residential units, which significantly enhances rental value and tenant demand. The building consists of a ground floor plus twelve floors and includes five commercial shops in a prime location ensuring stable commercial income. It also features a fully equipped gym with modern machines, dedicated parking spaces for residents, and an automatic lighting system. In addition, the building offers a panoramic rooftop with an area of approximately 5,000 square feet, designed with seating areas and open scenic views, adding a strong competitive advantage to the property. Residential components include 45 apartments with two bedrooms and a living room 27 apartments with one bedroom and a living room All apartments feature large layouts Built in wall wardrobes High quality finishes and practical modern interior design The total land area is 899.96 square meters, equivalent to 9,606 square feet. The current annual income of the building is AED 3,550,200, making it a solid and secure investment opportunity with an excellent return in one of the most active areas. Asking price AED 42,000,000. For inquiries and contact