Building with private beach in UAE - Developed Land, Real Estate - Ras Al Khaimah, Ras Al Khaimah, United Arab Emirates

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Building with private beach in UAE
Date & Time Listed: 2013-02-15 08:53:23 (GMT)

Posted in Categories: Real Estate, Developed Land
Posted From: United Arab Emirates, Ras Al Khaimah, Ras Al Khaimah

Ad Details:

BUILDING WITH PRIVATE BEACH FOR SALES IN RAS EL KHAIMAH
97 811 sq feet divide in:

- 26 studios
- 36 flats with 1 bedrooms
- 33 flats with 2 bedrooms
- 07 flats with 3 bedrooms

We use to sell this property for 730 AED / sq feet and we can give 30% discount for this deal so 511 AED / sq feet.

Total price is 49 981 421 aed.

I have the list of all the apartments with exact size and type.

Renting per month is:

- Studio is rented 24 000 aed per year:
24 000 x 26 = 624 000 aed
- 1 bedroom is rented 32 000 aed per year:
32 000 x 36 = 1 152 000 aed
- 2 bedroom is rented 40 000 aed per year:
40 000 x 33 = 1 320 000 aed
- 3 bedroom is rented 48 000 aed per year:
48 000 x 07 = 336 000 aed

TOTAL
3 432 000 aed per year so rental income is 6,86 % yearly

This apartments are still cheep but we can expect 30% increasing price in the next 3 years.
We are able to rent and resale this properties for the owner.
Price: 50,000,000.00 AED

Keywords:

Ras Al Khaimah, Building, sea, private beach

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Posted in Categories: Real Estate, Developed Land Posted From: United Arab Emirates, Ras Al Khaimah, Ras Al Khaimah

Posted in Categories: Real Estate, Developed Land
Posted From: United Arab Emirates, Ras Al Khaimah, Ras Al Khaimah