Description

An exceptional opportunity to acquire a fully operational, high-yielding residential asset located in the popular area of Al Warsan, Dubai. Constructed approximately 6 years ago, this well-maintained building offers an established income stream with a solid 7.75% Net ROI and 8.34% Gross ROI, making it a turn-key asset for private investors, real estate funds, and institutional portfolio managers. Financial Breakdown & Yield Analysis Asking Price: AED 53,000,000 Gross Annual Income: AED 4,418,000 Annual Operating Expenses: AED 310,460 Net Annual Income: AED 4,107,540 Gross Yield / ROI: 8.34% Net Yield / ROI: 7.75% Building Overview & Specifications Location: Al Warsan, Dubai Building Configuration: Basement + Ground + Podium + 6 Residential Floors + Roof (B + G + P + 6 + Roof) Building Age: Approx. 6 Years Total Residential Units: 95 Apartments Unit Mix: Studios, 1-Bedroom, and 2-Bedroom Apartments Gross Floor Area (GFA): Approx. 59,000 sq. ft. Total Usable Area: Approx. 64,000 sq. ft. Amenities & Building Features Leisure: Swimming pool & landscaped outdoor spaces Accessibility & Convenience: High-speed elevators and basement/podium parking facilities