About this property
Full Building for Sale in Al Barsha – Fully Operating Hotel Apartment
AL BARSHA – Fully Operating Hotel Apartment
Brand New Tower
2Basement + G + 1-11 + HC
Brand New Building
Plot size: 9,989 sq.ft
BUA: 77,921 SQ.FT
Total 66 – Rooms (Units)
Each Floors include
Studios – 3 nos
1 Bedroom – 2 nos
2 Bedroom – 1 nos
Corner building Right on Roadside.
Rented for 10 years
1st year rent – AED 4.5 mil
2nd to 5th year rent – AED 5 Mil
5th to 10th year rent – AED 6.5 Mil
Average income for 10 years – AED 5.7 mil
Return – 7%
Price: AED 68,000,000/- Net to owner
ADVERTISING PERMIT: 10171
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First Homes Real Estate Broker is a well established Real estate brokerage integrating local and international real estate expertise. This winning combination has enabled us to create a professional service facility guaranteed to satisfy the desires of the discerning Dubai Real Estate purchaser.
In keeping with this First Homes Real Estate not only has a fantastic team of RERA registered brokers who are highly trained, multi lingual, dedicated professionals, who understand the Dubai property market; we also have an experienced and fully trained management team that fully understands the importance of keeping in touch with changing market conditions and trends, this has allowed us to weather the storm created by the recent recession without having to compromise on the services we provide.
When the Dubai property market started with the off plan properties we also started with the selling of those off plan properties and planned our business in such a way that in a highly competitive market we had a great success and achieved our goals.
It was obvious that one day the property market will move towards ready properties and as the market changed we also integrated into our business the resale as well as leasing of properties which has now come into the forefront of the real estate market in the UAE.
In the real-estate business; past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.
Let FIRST HOMES REAL ESTATE help you get your FIRST HOME IN DUBAI.