Freehold | 100% Occupied | Net ROI 8.4%, Ras Al Khor, Dubai | Property for sale | Savills
16,445 sq ft(1,527.79 sq m)
Guide price 15,000,000 AED(£3,467,850)

Freehold | 100% Occupied | Net ROI 8.4%Ras Al Khor, Dubai

    Office
    16,445 sq ft (1,527.79 sq m)

    Freehold | 100% Occupied | Net ROI 8.4%

    About this property


    • We are pleased to bring this income producing mixed-use asset to market, please see investment highlights below.

      - Mixed-use residential with ground floor retail asset
      - Located in Ras Al Khor, Dubai
      - Gross Leasable Area extending to 19,707 sq. ft
      - Composition: G + 1 + R
      - Freehold
      - 100% Occupied
      - Short lease terms, opportunity to increase rental values renewal
      - Income for the retail element is underpinned by a government entity
      - Current net yield of 8.4% on passing income


      DLD Permit No.: 6510020392

      The asset is located in Ras Al Khor, a well populated predominantly industrial submarket that benefits from strategic connectivity to DXB Airport and Downtown Dubai via the E44 Ras Al Khor Rd and D62 And Al Hamar Rd. Residential properties in the locality service the demand from the large local labour force.

      Please contact our commercial investment agency department on +971 54 586 2915 for further information.