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BUA: 445,000 sqft
Presented by LuxuryProperty.com, we are delighted to offer this exceptional investment opportunity—a prime residential building for sale in the prestigious Al Sufouh district, one of Dubai’s premier waterfront locations. This area offers unparalleled proximity to the beach, Palm Jumeirah, and stunning views of iconic landmarks like the Burj Al Arab.
The building comprises 348 apartments, including 156 studios, 158 one-bedroom units, 32 two-bedroom units, and 2 exclusive penthouses. With a total of 227 parking spaces, 5 retail shops, 2 office spaces, and a cozy coffee shop, the building is designed to cater to both residents and commercial tenants. Its strategic location ensures that tenants benefit from easy access to top-tier retail, dining, and entertainment options such as Mall of the Emirates and the renowned Madinat Jumeirah resort.
This building offers flexible investment options with guaranteed 3-year returns, making it an ideal choice for residential purposes or for leasing to international hotel groups. A unique 4-year tiered leasing plan is also available, offering AED 22 million in Year 1, AED 35 million in Year 2, AED 45 million in Year 3, and AED 50 million in Year 4, providing steady income growth. The projected net income for investors stands at an impressive 7% over three years.
Whether you are looking to expand your real estate portfolio or seek a long-term investment, this property in Al Sufouh is a fantastic option.
Presented by LuxuryProperty.com, this building offers an excellent investment return in a highly desirable district. Contact us today to arrange a viewing and discuss this unique opportunity further.
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