• 13,681

    sqft

Reference No.

MH-2024-Dlu1x

DLD Permit No.

Basic housing information

Re Type

Residential

Property type

Residential Building

Completion status

Ready

Listing status

Resale Property

Furnishing

Unfurnished

Introduction

    Engage Properties is delighted to offer a prime investment opportunity with this well-maintained residential building located in the vibrant community of Al Barsha 1. Positioned just a 5-minute walk from Mall of the Emirates, this property combines convenience, functionality, and excellent investment potential. Features: - Location: Al Barsha 1 - Plot Area: 13,700 sq. ft. - BUA: 93,500 sq. ft. - 2+G+8 Floors + Roof - Fully Furnished with Appliances - 2 Retail Shops - 3 Offices - 49 Parking Slots - 48 Units: - 32 One-Bedroom Apartments - 16 Two-Bedroom Apartments - Outdoor Swimming Pool, Gym, Changing Rooms - Tenanted with Current Gross ROI: 9.3% - Expected Gross ROI: 10.9% After Rent Revision Key Details: - Only Locals and GCC Investors are eligible to purchase, as Al Barsha 1 is a non-freehold area. - Subject to transactional fees, including agency commission and DLD fees. This building is a lucrative investment, offering a steady income stream with growth potential through rent revisions. Its proximity to key landmarks like Mall of the Emirates and excellent facilities make it an attractive option for investors. For more information, please contact: Maya Azem at +971 50 396 9227 BRN # 35466

    Amenities

    Shared Gym
    Central A/C
    Covered Parking
    Public Transportation
    Wi-Fi
    Swimming Pool

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    Neighbourhood

    Mortgage

    Property price

    AED 43,000,000

    Down payment

    AED 8,600,000

    Loan duration

    25 years
    510152025

    Interest rate

    %

    Monthly Payment

    AED 181,575

    Disclaimer

    This listing's information is solely for consumers' personal, non-commercial use. It is provided to identify properties for potential purchase or rental. Information is supplied by hosts or agents/brokers and is considered reliable but should be verified by buyers or tenants. MetaHomes assumes no liability for typographical errors, misprints, or misinformation.