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Blackstone Gulf Real Estate presents a newly completed labour accommodation for Sale investment opportunity in Sonapur, comprising 33 rooms and 2 commercial shops, with strong income potential.
Property Details:
* Selling Price: AED 10,000,000
* Built-Up Area: 15,719.13 sq. ft.
* Plot Size: 4,800 sq. ft.
* 33 accommodation rooms
* Includes Medical Room, Watchman Room & * Prayer Room
* 2 commercial shops
* Brand-new building – completed 13 July 2026
* Land tenure: 99-year lease / life of the building, as advised
* Current lease: AED 930,000 per annum for 2 years
Subleasing / Income Details Provided:
* 33 Rooms: AED 1,650,000 per annum
* Includes 20% tax, DEWA and service charges
* 2 Shops: AED 140,000 per annum
* Total Potential Rental Income: AED 1,790,000 per annum
* Potential Gross Yield: Approx. 17.9%
A compelling opportunity for investors seeking a newly completed, income-generating labour accommodation asset with commercial units in an established workforce accommodation area of Dubai.
Commercial Terms:
* Asking Selling price: AED 10,000,000
* Agency Commission: 2% of the selling price + 5% VAT
Please note:
Images used for listing purposes are for illustration only to maintain discretion. Private viewings can be arranged upon request
Company Profile:
We are so much more than a full-service real estate firm. We’re a group of talented people with a passion for finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible. Blackstone Gulf – Defined by Structure, Driven by Intent.