138 units Mixed use building for sale in satwa area
Description
l Bada’a’s Landmark: High-Income Commercial + Residential Tower مبنى متعدد الاستخدامات للبيع في منطقة السطوة
Prime Mixed-Use Investment Opportunity
Property Highlights
✅ Location: Al Bada’a (Premium Commercial/Residential Area)
✅ Plot Size: 3,647 Sq. M (39,255 Sq. Ft)
✅ Built-Up Area: 256,000 Sq. Ft
✅ Usage: Commercial + Residential
✅ Asking Price: AED 200,000,000
Key Features
Units Breakdown
- 122 x Studio Apartments
- 8 x 1-Bedroom Apartments
- 1 x 2-Bedroom Apartment
- 7 x Retail Shops (Ground Floor)
Amenities
- Swimming Pool
- 3 High-Speed Lifts
- Separate Gents & Ladies Gyms
Investment Metrics
| Metric | Value |
|---|---|
| Total Annual Rent | AED 13,962,000 |
| Rental Yield | 6.98% |
| Anchor Tenant | Lulu Hypermarket (AED 7.74M/year) |
| Other Tenants | Emirates Properties (AED 5.5M/year) + Retail Shops |
Why Invest?
- Stable Income: Guaranteed rentals from Lulu Hypermarket and long-term leases.
- High Demand: Prime location with commercial/residential demand.
- Appreciation Potential: Strategic area with future growth upside.
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Details
Updated on May 1, 2025 at 11:22 am- Property ID: ابو خالد
- Price: AED 200,000,000
