Commercial Building In Port Saeed, Dubai Strong ROI For Sale

Description

Commercial building in Port Saeed, Dubai.

Location

• Sheikh Rashid Road
• Port Saeed, Dubai
• Garhoud nearby
• Dubai International Airport nearby

Building

• 3 basement levels
• Ground floor
• Mezzanine
• 9 upper floors
• Building age: approximately 18 years
• Plot area: approximately 59,628 sq ft
• Built-up area: approximately 434,199 sq ft

Units

• Total units: 95
• Retail shops: 5
• Office units: 90

Facilities

• 377 parking spaces
• 2 panoramic elevators
• 2 service elevators
• Prayer room
• Central air conditioning

Occupancy

Occupancy rate: 100%

Financials

Annual income: AED 18,000,000

Asking Price

Price: AED 155,000,000

Brokerage

• Commission: 5%
• Negotiability: non-negotiable