Description

Presenting a rare chance to acquire a fully income-generating residential building in the heart of Shams Abu Dhabi, Al Reem Island. Positioned directly on the waterfront, this 9-floor asset offers immediate, high-yield cash flow backed by full occupancy through late 2026. Building Overview: • Configuration: 9 Residential Floors • Parking: 3 Basement Levels | 60 Parking Spaces • Total BUA: 5,644 SQM Amenities: • Rooftop Swimming Pool (Panoramic Views) • Fully Equipped Gym (Ground Floor) • BBQ & Residents’ Event Area Licensing & Title: • Official Hotel Apartment License (Issued 2024) • Mortgage-Free Asset Unit Mix (48 Units Total): • 25 × 2 Bedroom (~125 SQM) • 18 × 1 Bedroom (~79 SQM) • 5 × Duplex 3 Bedroom Financial Snapshot (Approx.): • Annual Income: ~ AED 13 Million • Service Charges: AED 30,000 – 35,000 • Operating Expenses: AED 400,000 – 700,000 • Occupancy: 100% leased until Dec 2026 Selling Price : 135 M