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6 524 537 €

Investment project in Dubai, UAE, 1 500 sq.m

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  • Investment project in Dubai, UAE, 1 500 sq.m - picture 1
  • Property ID on Prian.info: 3864596
    Last update: 11.04.2024
    Number of views: 994

6 524 537 €

Investment project in Dubai, UAE, 1 500 sq.m

1500 sq.m 31% per year
Residence Online Viewing Remote Transaction

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  • Property ID on Prian.info: 3864596
    Last update: 11.04.2024
    Number of views: 994

Specifications

Sale price 6 524 537 €
Price per square meter 4 349.69 €
Floor area 1 500 sq.m
Construction phase New building
Date of construction 2025
Number of storeys 13
Address UAE, Dubai, Wadi Al Safa 5
Location within the city

Additional services

  • Residence permit upon purchase
  • Property management company
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 31 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

We are an international class developer with projects in the UAE, Great Britain, China, New Zealand. 20 projects have been completed in the UK, and 3 projects are under construction in the UAE. We are looking for a co-investor in the project of building a complex of apartments. The project period is 20 months. ROI 52%, IRR 26%. Participation options are 50/50, 70/30. The amount of necessary investments for the project is $12 million. The project is located in the Wadi Al Safa area, near Dubai University.


Contacts

Private person
UAE
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