About this property
Asking price: 130M
Seller financing possible
Sub-market experiencing strong growth, with underlying healthy fundamentals.
Ample margin to create further value, executing tailored strategies.
Three potential investment strategies already identified:
• Long term hold: lease to generate income (e.g., annuity). Net ROI 9%+
• Sell units: acquire the asset, to market units singularly generating a premium. Expected ROE: more than 20%. Expected IRR (unleveraged): more than 20%
• Flip: acquire the asset, to rent generating income and exit. Expected ROE: more than 20%. Expected IRR (unleveraged): more than 20%
Investment asset: WHOLE BUILDING
Project delivered completed
Design perfectly calibrated with the surrounding area standards and customers’ expectations
Established contractor and project management
Quality materials, style & décor
Projected for durability
Residential: multiple units, mixed beds config.
Total size (range for confidentiality): 190,000 sqft
Service charges (estimated.): AED10.5/sqft
Al Furjan, Dubai
Thriving neighbourhood and popular residential area, led by master developer Nakheel.
Located between Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311), it’s a welcoming community that includes a 40 km cycle track.
More than 4,000 apartments, homes, hotels, and commercial spaces available, plus a metro and bus stations.