About this property
fäm Properties is pleased to present this fully furnished commercial office for sale in Churchill Tower, Business Bay, Dubai. The property offers a total area of 934 sq. ft., comes with 1 parking space, and benefits from a community view.
The office is currently rented at AED 236,000 per year, making it a suitable option for investors looking for an income-generating commercial property in Business Bay. The asking price is AED 2,100,000.
Property Details:
- Location: Business Bay, Dubai
- Property Type: Commercial Office
- Size: 934 Sq. Ft.
- View: Community View
- Parking: 1 Parking Space
- Furnishing: Fully Furnished
- Status: Rented
- Current Annual Rent: AED 236,000
- Asking Price: AED 2,100,000
- Indicative Gross Rental Yield: Approximately 11.24%*
Investment Opportunity
This property is particularly suited to buyers who are seeking a rented commercial office with an existing annual rental income. Unlike a vacant office, the unit is currently leased at AED 236,000 per year, providing an existing rental arrangement for the purchaser to review as part of their investment assessment.
For an investor, an occupied commercial property can offer greater visibility over the property's current rental income compared with a vacant unit. However, the actual investment performance will depend on the terms of the existing tenancy, lease duration, payment schedule, service charges, maintenance expenses, future rental conditions and other ownership costs.
For further information or to arrange a viewing, please contact fäm Properties.