Profitable Al Warqa Investment: Fully Occupied Building, Dual Usage, Diverse Units. Ideal For Smart Investors
AED 27,000,000
11BHK Apartment
Al Warqaa 1, Al Warqaa, Dubai
Not Furnished | 46,015 sqft45,000 sqft27,000 sqft47,000 sqft
Welcome to a promising investment opportunity in the heart of Al Warqa first. This building, strategically positioned on a sizable plot of 16,320 square feet with a generous built-up area of 46,015 square feet, holds immense potential for astute investors. Key Investment Points:- Dual use: The six floors and rooftop present a versatile configuration suitable for both residential and potential commercial usage. Currently, all units are dedicated to residential purposes, ensuring a steady income stream for investors. - Unit Variety: The thoughtfully designed layout includes two 2-bedroom apartments and four 3-bedroom apartments on each floor, along with two 1-bedroom units and two studios on the rooftop. This diversity caters to a wide range of potential tenants, adding to the property's investment appeal. - Full Occupancy: With a solid 100% occupancy rate, this building showcases its attractiveness to residents. Investors can benefit from a stable income and strong demand for residential spaces. - Commercial Potential: Holding dual permissions for commercial and residential use provides a unique opportunity for investors looking to diversify. Future conversion of certain floors into commercial offices could unlock additional revenue streams. Location and Convenience:Situated in Al Warqa first, the property offers strategic proximity to essential amenities and potential business hubs, enhancing its investment value. This is not just a building; it's a strategic investment. Whether you're seeking consistent rental income from residential spaces or exploring the potential for commercial offices, this property presents a compelling opportunity for investors. Seize this chance to be part of a lucrative investment. Contact us at Monza Properties L. L. C, where your investment vision meets prime real estate. -GCC only