Buy a Whole Building: Top-5 Offers for Big Real Estate Investments in Dubai

20.12.2017

Dubai is the number one choice for international major investments in real estate. However, besides holiday luxury properties, luxury villas and penthouses, high rental income can be guaranteed through owning (and renting) the whole building, whether it be a hotel, a business centre or residential building. Let’s see, what famous developments in Dubai are currently available for major investments.

Owning and leasing a whole house out has always been one of the most reliable forms of stable passive income. Whether it is a residential building with apartments for rent, an office center, or a hotel, return on investments for such units in Dubai surpasses those in other world centers. Let us consider in detail, which types of buildings are offered for bulk sales in Dubai today. We are talking about 30, 50, 75 million USD investments in real estate units with a value starting from 1.000.000 USD, providing the highest liquidity at the market.

1. Al Habtoor Tower at Marina Walk is ready now to change its owner. 
The seventh tower of the Dubai Marina development, it benefits from a spectacular waterfront location.

The tower comprises 165 luxurious one, two and three bedroom apartments, 4 two to three bedroom townhouses and 6 retail units. Thus, the new owner will be able to take advantage of all types of rentals in one: residential, commercial and retail, which will ensure stable balance of income.

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Current turnover for Al Habtoor Tower is AED 25.2 million and expenses are AED 4.9 million, while net profit for the last year amounted to AED 20,4 million, with a possibility to get a minimum of AED 28,000,000 turnover within 2 years.

2. Another option for stable rental income from leasing residential units is offered with a purchase of a Perl Residence complex located on the main Dubai Highway of Sheikh Zayed Road in the Al Sufouh 2 area, which is part of the Knowledge Village. It’s a nine-storey residential building with all necessary amenities, starting from underground parking, to a modern gymnasium with a swimming pool.

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The registration format allows you to use apartments as hospitality units (permission for using the complex as a hospitality development has been received) for both long-term residence and for short-term stay. 48 1BR apartments, plus 80 studios with 100% occupancy will provide a stable rental income amounting for 8% per annum. A possible investment scenario for this facility is the following: with a sales price of AED 110 million you can get up to AED 8.4 million rental return for first-year-lease.

3. Many Dubai investors have already heard of the VINCITORE brand implementing ultra-luxury real estate projects in Dubai. And now, not only individual apartments or villas are available for sale, but a whole VINCITORE BOULEVARD BUILDING C.

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This is a simple investment offer with zero risk, specially created for those looking for a solution with reliable real estate management and marketing for their investment assets. All this, as well as maintenanceand service, will be done by VINCITORE Hospitality Brand.

It’s an off-plan project under construction, the fact, which increases its future capitalization. The developer guarantees large investors 8% of the annual income right upon purchase with payment provided with checks.

The building is situated in the AL BARSHA SOUTH THIRD (ARJAN) Dubai area, DUBAILAND, and includes 24 studios, plus 12 BHK units. Completion is scheduled for April 2019. The total cost of all apartments is estimated at 27.5 million AED.

4. The ideal option for long-term investments with the potential for rental growth is also provided by Indigo Central 5 building offered for sale.

The building offers a mix of showrooms and offices with easy accessibility, branding exposure and location which make them ideal locations for corporate headquarters. Located strategically on Sheikh Zayed Road, between the fifth and sixth interchange, Indigo Central 5 has Dubai metro station as its nearest landmark.

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The full building gross rental yield is AED 6,494,176 per annum (9.25% gross rental yield), with only four tenants each having a multiple year contract. An escalation of ten (10%) percent is applicable every two (2) years on the rent.

5. Another excellent option of a residential building under construction, sold as one unit, is Sandhurst House, a five-storey mixed use development in Jumeirah Village Circle District 10. It has two service basement floors and public area at roof, and current total rental income of AED 6 000 100 pa and potential income of AED 6 740 250 pa.

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Meydan Avenue also gets to the Top-10 of the best whole buildings offered for sale in Dubai. It’s a 5-storey building with only 30 apartments, plus 2 retail spaces. At the moment, construction works are complete, and the building is being prepared for final delivery. Thus, it’s a rare chance for those who feel like becoming a big homeowner for the first time to get aboard — the building is just perfect for the first major investment in Dubai’s real estate.

Not a whole building, but not less attractive option for large investments is offered in Jumeirah Lakes Towers community: a revolving space suitable for a rotating restaurant on the 34th floor of the famous FORTUNE TOWER. Fortune Tower is one of the most famous among the "magnificent six" skyscrapers in the legendary high-rises cluster of JLT. The room for a restaurant has unique panoramic views of the city and makes a full turn at 360 degrees once an hour. This is just the perfect place to create a new fashionable "Athmosphere”-styled restaurant "!

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And in case a ready building does not suit you, IMEX Real Estate can help you become a developer and construct a building of your own in one of the best UAE’s resorts in the emirate of Ras Al Khaimah. Here, in the Al Marjan project, you can buy a 1 mln square feet plot for construction for an average of USD 2.8 million, with a phenomenal return on investments at a rate of 12% per annum.

You can build here whatever you want: a hotel, a residential building, a commercial unit or a business center, or even all in one — there are no restrictions on real estate usage. And no taxes. But there is a well-developed infrastructure, with five-star hotels, a yacht club and a luxury spa, and the average occupancy level at 70%. The rate of capital return is about 16.1%. Profit conversion: 40%.

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To know more about any of the abovementioned projects, please, don’t hesitate to contact Oleg LAVRIK (BRN 5201) on:

+971 502528188 (Viber, WhatsApp, Telegram, IMO)

IMEX REAL ESTATE BROKER LLC UAE

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Tel. +971 4 395 1911

Email: oleg@imexre.com

Skype: resident69

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management