Property Details
Location: Jumeirah Village Circle (JVC)
Ownership: Freehold
Year Built: 2020
Plot Size: 24,338 sq. ft.
Built-Up Area: 115,000 sq. ft.
Sellable Area: 75,000 sq. ft.
Total Units: 91 Residential Units + 3 Retail Units
Parking: 107 Parking Spaces
Building Status: Fully Rented to Holiday Homes Operator
Chiller: No Chiller Charges
Unit Mix:
52 Studios
31 One-Bedroom Apartments
5 Two-Bedroom Apartments
3 Retail Units
Financial Overview
Net Annual Income: AED 9,000,000
Asking Price: AED 120,000,000
Net ROI / Yield: 7.5% per annum
To proceed, we kindly request the following:
Individual Buyer: Copy of the buyer’s Passport or Emirates ID.
Company Buyer: Copy of the company’s Trade License.
Please also note that, prior to submitting an offer, the seller will require proof of funds from cash buyers.
Confidentiality Notice:
To protect the business, a signed Non-Disclosure Agreement (NDA) is required before confidential information is disclosed. This ensures the privacy of the business, its employees, and its customers throughout the sales process.
Please Note: Images are for marketing purposes only and may not represent the actual business. Personal inspections are encouraged for qualified buyers.
Company Profile:
Blackstone Gulf is an investment-focused real estate brokerage specializing in commercial properties and business sales, committed to maximizing value and delivering premium service.