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Full building for sale in International City 2
This full building for sale in International City 2 is an exceptional investment opportunity for those who are looking for long-term capital appreciation along with a constant source of annual income. With a ROI of 7.5%, the investment allows you to just sit and enjoy the cash flow per year. In the following, more information about the property is provided for you.
Highlights of the property
Here are some details of the property that you should know about:
- Offering a total of 106 units (76 studios + 30 1BR units)
- The average size of studios is 350 sqft and the average size of 1BR units is 730 sqft
- Built-up area: 170,070 sqft
- The building offers 109 parking spaces on basement and ground floors
- Amenities of the building include gym, swimming pool and a multi-purpose room
- The net annual rent of the full building is 4,350,000 AED
Top Features of the building
Here are some of the specifics of the building:
- The building boasts chic interiors with premium finishes including Quartz countertops and Armani marble entrances
- Advanced utilities including SIRA-compliant CCTV system, Naffco fire safety system, and centralized gas network
About the Location
The building is located in International City 2, being an ideal place for affordable living in Dubai. It offers a diverse community with a range of affordable housing options; from cozy apartments to nice townhouses. Apart from these, International City 2 is an inclusive place with all the amenities like restaurants, shopping centers, schools and parks, all within easy reach.
How the risk of investment is reduced
There are some facts about the building that reduce the risk of purchase for the investors. Here are some of them:
- The building is ready; So, you won’t have to wait for the completion.
- The area is renowned for affordable housing. So, the demand for these properties is at an ideal level.
- The building has only studio and 1BR units that are unit types with the highest demand in the real estate market of Dubai.
Who to Contact?
If you wish to buy a property in Dubai for the purpose of rental yields or expanding your portfolio, you can consider this full building in the International City 2. To get more information about the exceptional investment opportunity and start the purchasing process, you can contact Mr.Abdolnasser, the CEO of Alkhail Real Estate in Dubai. With 20 years of knowledge in the thriving market of Dubai, he’s now specialized in full buildings, ultra-luxurious properties, lands in Dubai and hotels.
