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  Dubai Residential Building for Sale with Option for Hotel Apartments Property Ref:   
  Dubai Residential Building for Sale with Option for Hotel Apartments
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Dubai Residential Building for Sale with Option for Hotel Apartments
Property Status
Property Type
Properties in This Location
05 in Dubai South
Property Description
Located in Dubai South this is a fantastic investment opportunity for an investor to acquire a residential building in Dubai and benefit from potential double digit annual returns. G+6 building with 92 apartments in total, ranging from studio, 1 bed, 2 bed and 3 bed apartments, this building will be in high demand for companies working in the Al Maktoum International Airport and Jebel Ali area of Dubai. Permission is in place to convert the building to hotel apartments which would potentially result in higher rental rates being achieved. 15 apartments are located on floors one to six, plus two 3 bed apartments with private gardens on the ground floor.
AED 60m asking price for the whole building on a flexible payment plan. Smart investors know there is a shortage of good quality buildings owned and managed by single owners in Dubai, this is an opportunity to enter the market in a prime location regarded as the future of Dubai.
Dubai South

Dubai South, formerly known as Dubai World Central, is a huge master community on the Jebel Ali side of Dubai which contains the Al Maktoum International Airport. Set on 145 square kilometer of land, Dubai South is expected to become one of the most vibrant and active communities in the UAE with a projected population of one million people. The location of Dubai South makes it attractive to both Dubai and Abu Dhabi as it almost acts as a central connector between these two magnificent cities. Business and industry will grow from what is set to become the largest airport in the world, which will help to create 500,000 jobs in the community. The capacity of Al Makoum International Airport is expected to handle more than 200 million passengers and 16 million tons of cargo per year. Residential homes, entertainment, education and healthcare will all be greatly in demand and important aspects for a successful community.
Dubai South will be made up of several districts including aviation, logistics, golf, residential, exhibition, commercial, humanitarian and the business park. The Aviation District will be the permanent new home for the Dubai Airshow, while hosting light industries, educational institutes, plus research and development facilities. Logistics District will be centered on logistical and value-added services, which include assembly plants and light manufacturing. The Golf District is a premium residential community containing villas and townhouses, plus a world glass golf course and wide ranging facilities. The Residential District of Dubai South will provide mid-range housing for up to 250,000 people, supported by schools, medical centers, retail and community facilities. An Exhibition District dedicated to meetings, incentives, conferences and exhibition events will cover 438 hectares. It will also be the home of the Dubai 2020 Expo. The Commercial District is a mixed-use community for business, residential and leisure which is divided into zones with unique characteristics. A Humanitarian District for facilitating both regional and global aid operations will have its own sector in the master community. The final district will be the Business Park with a central location only 20 minutes from New Dubai and 45 minutes to Abu Dhabi. Eleven commercial buildings with multiple office solutions will be part of the Business Park Free Zone.
Dubai South will provide the perfect environment for business to grow, residents to live and tourists to visit and experience a state of the art city with a city. Major transport links like Sheikh Zayed Road, Sheikh Mohammed Bin Zayed Road and Emirates Road, plus the Dubai Metro extension and proximity to Jebel Ali Ports, all make the accessibility to and from Dubai South a big attraction for commerce and leisure.
Property Features
Freehold Off Plan Under Construction Payment Plan
Property Location Map

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