Property details

Amenities

• Covered parking
• Gym

Description

Strategic Location. An exceptional investment opportunity in the heart of Dubai South. This modern residential building offers stable rental returns, a prime location, and strong long-term capital appreciation in one of Dubai’s fastest-growing communities. Racemosa is a well-maintained G+4 residential building, offering a mix of spacious one-bedroom and two-bedroom apartments. The building is 100% occupied, generating a strong annual rental income, making it an ideal turnkey investment for investors seeking immediate returns. Property Details: * Plot Size: 24,754 Sqft * BUA: 47,000 Sqft * Saleable Area: 33,136 Sqft * Building Height: G+4 Building Configuration: * Total Apartments: 38 Units * 28 × One-Bedroom Apartments * 10 × Two-Bedroom Apartments * Occupancy: 100% Rented Annual Income * Gross Rental Income: AED 2,254,340 * Service Charge: AED 26,652 * General Maintenance Expenses: AED 77,700 * Net Annual Income: AED 2,149,988 Amenities: * Fully Equipped Gym * Kids’ Play Area Building Information: * Completion Date: 08 November 2018 * Property Type: Residential Building * Ownership: Freehold * Condition: Fully Operational & Income Generating Prime Location: Strategically located in the heart of Dubai South, one of Dubai’s most promising investment destinations. Minutes Away From: * Expo City Dubai * Al Maktoum International Airport (DWC) * Emaar South * The Pulse Community * Dubai South Business Park * Dubai Logistics City * Emirates Road (E611) * Sheikh Mohammed Bin Zayed Road (E311) * Jebel Ali Free Zone (JAFZA) * Palm Jebel Ali * Dubai Parks & Resorts * Dubai Investment Park (DIP) * Jebel Ali Port * Abu Dhabi Highway * Future Dubai Metro Expansion *Corriene Lopez

Location

Racemosa, Residential District, Dubai South (Dubai World Central), Dubai

The pin is approximate and reflects the property's area.