Apartment block for sale

Luxury Residential & Retail Tower, Dubai, 164,810 sqft

An outstanding investment opportunity to acquire a high-rise residential and retail tower in Dubai, offering immediate income generation and exceptional long-term growth potential. This landmark 24-floor development combines strong rental performance, premium residential inventory, and commercial revenue streams, making it an ideal asset for institutional investors, family offices, and private investment groups.

The property comprises 140 residential units, including 92 one-bedroom apartments, 47 two-bedroom apartments, and 1 studio, thoughtfully designed to meet the needs of Dubai's growing residential market. In addition, the tower includes 3 retail units that provide diversified income and enhance the overall value of the asset.

With a total saleable area of 164,810 sqft and a gross floor area of 189,000 sqft, the development offers a substantial footprint within one of Dubai's most active residential investment markets. Residents and visitors benefit from 183 dedicated parking spaces, supporting long-term tenant demand and operational efficiency.

The property generates an estimated annual rental income of approximately AED 12.8 million to AED 13 million, including around AED 12.12 million from residential units and AED 700,000 to AED 750,000 from retail spaces. This translates into an attractive gross yield of approximately 8.5% to 8.7%, with additional upside potential through future rent revisions, increased occupancy levels, and short-term rental strategies.

Combining scale, stability, and strong cash-flow performance, this tower represents a compelling investment opportunity in one of the world's most dynamic real estate markets.

Why invest in Dubai?

• 0% tax on rental income, salaries, and capital gains
• Rental yields above 8% on average
• One of the world's fastest-growing real estate and investment markets
• Strong population growth and increasing housing demand
• Access to exclusive off-market investment opportunities

Investor services include assistance with Golden Visa or standard residency visa applications, full support for company formation in Dubai or other Emirates, and a multilingual team available in French, English, Greek, and Arabic.

IBP Home Realty provides exclusive access to premium residential, commercial, hospitality, and investment properties throughout Dubai.