DESCRIPTION
This is a 23-storey freehold, mixed-use tower offered for sale in its entirety, on a 50,000 sq.ft plot in Business Bay, with direct canal and Burj Khalifa views. The building comprises 193 residential apartments (1–3 bedrooms) plus commercial retail units, across 498,000 sq.ft of total built-up area, with each unit holding its own individual title deed. Residents have access to a gymnasium, swimming pool, covered parking, laundry room and sauna.
The asset generates an approximate annual income of AED 19,000,000, resulting in an indicative return on investment of 5–6% per annum based on the guide price of AED 300,000,000+. Figures as represented by the seller; offers above the guide price will be considered, and prospective purchasers should undertake independent verification.
Positioned canal-front and central to Dubai's key destinations, the tower offers easy access across the city: 8 minutes to Dubai Mall, 19 minutes to Burj Al Arab, 20 minutes to Palm Jumeirah, 24 minutes to The Walk JBR, 15 minutes to Dubai International Airport, and 42 minutes to Al Maktoum International Airport. Freehold ownership is open to all nationalities, and the entire building is offered as a single-transaction sale — a rare opportunity to acquire an income-generating, mixed-use residential tower with iconic views in one of Dubai's most in-demand districts.
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