Business Summary

Plot area is 15,000 Sq. Ft. (approximately) BUA : 62,162Sq. Ft. Morocco Cluster G+3 Mixed Use, facing Main Road 27 units of 1 Bedrooms 33 units of Studios including. 3 large studios of 640Sq. Ft. 18 shops of different sizes total 10,400Sq. Ft. Also included in the full building price are following (with their respective fixtures) 3 Janitor Rooms 3 Store Rooms 1 Pump Room 3 Electrical Rooms 3 Telephone rooms 1 Watchman Room Selling Price AED36.5 Million Income Analysis: Potential rent = 3.7m (return 10%) Actual current rent = 2.7m (return 7.4%) Major advantage of having a single owner building is cost saving in terms of service charges and other management fees. The saving is approximately AED 700,000 per year and is like getting rent for 20 additional studios FREE!

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