Sell 42 floors tall Tower for sale -Dubai Free Hold

42 floors tall Tower for sale -Dubai Free Hold You May Also Be Interested In: cap rate floors ground floor tall tower tax free
Jumeirah Beach Residence Tower, 42 story's # A02
100 % Free Hold area of Dubai on Jumerah beach Residence(JBR)
Location. Water view , near to sheraton Jumerah Hotel
Possession' ; The Tower is in final finish line of its construction, almost ready for possession
Building details
1. Land Area 35,300 sqft
2. Gross construction Area ; 473,000 sq ft ( including the Basement car Parking)
3 Shops on ground floor. 8,902 sq ft
4. Utility Area (; Lift Lobbies & corridors) 1,386,031
5 Letting area = 239,000 sqft


Market analysis

Project

Off The Plan Prices
Expected Prices on completion
Next 24 months to 36 months


Burj Dubai
AED 2,000

AED 3,000

Dubai Marina
AED 1400
AED 24,00


Jumeirah Lake Towers

AED 1200
AED 1,800

Sports City

AED 1100
AED 1,600


Financial Report
when The Tower intended to be sold immediately

Sale Price ; When sold Floor by floor : US$ 91 .35 Millions ( Gaurranted with 3 to 4 months)

Sale Price , When sold to End User ; US$ 104.5 millions ( Gaurrantted within 4 to 6 Months)

Asking Price US$ 72.2 Millions

Sale Price US$ 105.3Millions - Gauranted by Our Real Estate Company-3D Venture Real Estate

Net operating income US$ 32.1 Millions ( Tax Free)
Cap Rate ; 44 % (Gauranted)