Prime Corner Plot on 3 Main Asphalt Streets.
Whole Building for sale in Al Jawhara Building, Al Rawda 3
Property Highlights:
- Total Area: 7,200 Sq. Ft. (60 x 120 Ft).
- Location: Prime Corner Plot on 3 Main Asphalt Streets.
- Total Units: 31 Apartments + 5 Retail Shops.
- Apartment Mix:
* 23 Units (1BHK).
* 7 Units (Studio with separate kitchen).
* 1 Unit (2BHK).
- Year Built: 2008 (Well-maintained and ready for immediate handover).
Financials & Investment:
- Current Annual Income: AED 819,000.
- Projected Income (Post-renewal): AED 867,000.
- Asking Price: AED 8,000,000.
- Net Yield (ROI): Up to 10.7%.
Key Features:
- Freehold for all nationalities.
- Triple frontage on main roads ensures 100% occupancy for retail and easy residential access.
- Located in Al Rawda 3, a high-demand residential hub with consistent rental growth.