Requirement : AED 120 Million
Sypnosis:
This deal involves the outright sale of a brand-new G+14 residential and commercial building located in Al Jaddaf, Dubai. The development spans a land area of 15,422 sq. ft. with a built-up area of 84,582 sq. ft., comprising 85 residential units and 9 retail shops. The property is newly completed and offers immediate possession, making it suitable for institutional or high-net-worth investors seeking stable rental income and long-term asset appreciation.
Key Features:
The building is structured over 14 floors above ground level, housing 55 one-bedroom and 30 two-bedroom apartments, along with 9 ground-floor retail units. It is designed for modern urban living and caters to a mixed-use demographic. The location in Al Jaddaf provides easy access to Dubai’s business hubs, healthcare institutions, and public transportation, making the property attractive for both tenants and end-users.
Investment
The total asking price for the asset is AED 120 Million. Given the new construction status and optimal unit mix, the building offers potential for steady rental returns with scope for value appreciation. The property is ready for lease-out, reducing time-to-income, and can serve both as a passive income stream or as part of a managed portfolio.
Ownership:
The transaction entails full ownership transfer of the building structure and associated land rights. The asset is available for purchase under freehold or leasehold (subject to applicable RERA guidelines), with all necessary approvals and documentation in place. Interested buyers will be required to complete due diligence and ownership verification through formal legal channels in Dubai.
Conclusion:
This brand-new, strategically located G+14 building in Al Jaddaf presents a rare opportunity to acquire a high-capacity, income-generating real estate asset in one of Dubai’s emerging districts. With 85 residential units, 9 commercial spaces, and full building control, it stands as a strong acquisition for serious investors aiming for long-term returns and portfolio expansion.
