Description

Discover a prime investment opportunity with this brand-new freehold residential building located in the thriving community of Al Shamkha, Abu Dhabi. Priced at AED 66 million, this high-yield mixed-use property features modern architecture and top-notch finishes, making it an attractive option for investors seeking strong rental demand and excellent return on investment. With 100% freehold ownership available to all nationalities, this building is poised to meet the needs of a diverse clientele. The property boasts a total area of approximately 50,173 sq. ft., including 47,473 sq. ft. of residential space and around 2,700 sq. ft. of commercial space. It comprises 40 one-bedroom apartments, each with master bedrooms, and 12 two-bedroom apartments, also featuring master bedrooms. Additionally, three ground-floor retail shops provide an opportunity for steady commercial rental income. Residents will enjoy premium amenities, including a fully equipped gym, recreational areas, and landscaped common spaces, all complemented by 24/7 security and high-speed elevators. Strategically situated just minutes away from major employment hubs and leisure destinations, this property offers unparalleled connectivity. Zayed International Airport is approximately 5 minutes away, while Yas Island and Al Raha Beach are both within a 15-minute drive. With expected handover in about 30 days, this newly built property is ready to welcome its new owners and tenants alike.