Dubai Silicon Oasis

Off Market Rare Residential Investment Opportunity for SALE with 8% yield,

A Total of 2 Residential buildings in Dubai Silicon Oasis for sale. The buildings can be bought together or can be sold individually. All the four buildings are rented out to individual tenants on annual basis and all maintenance and services are managed by the current owner maintenance company. All buildings benefits from private parkings for each apartments, common swimming pool, kids play area and Gym. Total build up area for the 2 buildings: 341,342 SQFT. Total units: 176 units compromise of studios, 1 BR, 2 BR and 3 BR apartments. Each building have its own facilities such as swimming pool, Gym, Kids play area and private parkings.

Asking price for two buildings: 128,000,000 AED

Gross income: for two buildings: 11,208,000 AED

Service charges for two buildings: 868,000 AED

Net Yield for two buildings: 10,332,000 AED – 8% Net profit on the purchase price of 128,000,000 AED.