RESIDENTIAL BUILDING IN DUBAI PRODUCTION CITY

Description

Property Description

Discover a rare investment opportunity in Dubai Production City (IMPZ) with this prime residential building for sale. Completed in 2021 and freehold, this property offers a total saleable area of 82,641 sq. ft, situated on a 23,411.2 sq. ft plot. Configured as 2B + G + 9 + R, the building comprises 99 residential units including studios, 1-, 2-, and 3-bedroom apartments, providing diverse options for tenants or buyers.

Currently rented to a reputable Chinese company on a fixed two-year lease, the building guarantees stable rental income, generating a net income of AED 5 million with a current ROI of 6.9%. Upon rental renewal, the projected ROI increases to an impressive 10.9%, making this an attractive investment property in the UAE’s dynamic market.

The building’s residential area spans 75,936 sq. ft, complemented by a 5,475 sq. ft play area that can be converted into lucrative commercial space. There is already an offer of AED 600,000 yearly for nursery use, presenting excellent additional revenue potential. Furthermore, a vacant 1,230 sq. ft space is available to be transformed into a spa, enhancing the property’s amenities and tenant appeal.

Residents enjoy premium facilities including a fully equipped gymnasium and a swimming pool, enhancing lifestyle quality within the community. Dubai Production City offers excellent connectivity to key Dubai hubs, with easy access to Dubai International Airport, Dubai Media City, and major highways, making this residential plot for sale in Dubai a highly sought-after location.

Whether you are looking to buy land in Dubai for development or secure an investment property UAE, this residential building offers a strong blend of capital appreciation and rental returns. Don’t miss this opportunity to invest in one of Dubai’s fastest-growing communities.

Property Details

Feature	Details
Location	Dubai Production City (IMPZ)
Project Type	Residential
Configuration	2B + G + 9 + R
Land Status	Freehold
Completion Date	2021
Plot Area	23,411.2 sq. ft
Saleable Area	82,641 sq. ft
Residential Area	75,936 sq. ft
Play Area	5,475 sq. ft (convertible to commercial)
Vacant Space	1,230 sq. ft (convertible to spa)
Number of Residential Units	99 units
Studio Apartments	26 units
1 Bedroom Apartments	44 units
2 Bedroom Apartments	20 units
3 Bedroom Apartments	9 units
Amenities	Gymnasium, Swimming Pool
Building Status	Rented to Chinese company (2 years fixed lease)
Selling Price	AED 72,000,000
Net Income	AED 5,000,000
Current ROI	6.9%
Projected ROI on Renewal	10.9%

Call to Action

Ready to secure this exceptional residential building in Dubai Production City? Don’t miss out on a prime investment with guaranteed rental income and high ROI potential. Contact us today to schedule a viewing or chat with our experts via WhatsApp. Your profitable property journey starts here!