About this property
fäm Properties exclusively presents a fully leased, transit-oriented residential asset in the heart of Discovery Gardens – Contemporary Cluster.
This entire G+5 residential building comprises 49 units with 100% occupancy, positioned within a mature, high-demand community. The property enjoys walking distance to the Metro station and mall, ensuring exceptional connectivity and sustained tenant demand—making it an ideal long-term income investment.
The building offers a granular and resilient unit mix of studios, 1-bedroom, and 2-bedroom apartments, supporting strong occupancy levels and fast re-letting. Current rental income presents a clear growth trajectory, with annual income projected to increase from AED 3.83M to AED 4.13M, supported by permitted 5–15% rental renewals.
Residents benefit from shared community amenities, including a swimming pool, direct access to retail outlets, nearby supermarkets, and proximity to a major transport hub with bus connectivity—enhancing overall livability and rental appeal.
Key Highlights:
• Entire residential building | G+5 Contemporary Cluster
• 49 units: 40 x 2BR, 8 x 1BR, 1 x Studio
• Average unit sizes: Studio ~441 sq.ft, 1BR ~853 sq.ft, 2BR ~1,583 sq.ft
• GFA: 94,486 sq.ft | BUA: 112,660 sq.ft | GLA: 68,049 sq.ft
• 100% occupied, fully leased multifamily asset
• Walking distance to Metro station and mall
• Strong income stability with upside potential
A rare opportunity to acquire a prime, income-generating asset in one of Dubai’s most established transit-oriented communities.