1357.7m² Building in Jebel Ali, UAE No. 142461

Property description

fam Properties exclusively presents a fully leased, transit-oriented residential asset in the heart of Discovery Gardens Contemporary Cluster.

This entire G+5 residential building comprises 49 units with 100% occupancy, positioned within a mature, high-demand community. The property enjoys walking distance to the Metro station and mall, ensuring exceptional connectivity and sustained tenant demand making it an ideal long-term income investment.

The building offers a granular and resilient unit mix of studios, 1-bedroom, and 2-bedroom apartments, supporting strong occupancy levels and fast re-letting. Current rental income presents a clear growth trajectory, with annual income projected to increase from AED 3.83M to AED 4.13M, supported by permitted 5 15% rental renewals.

Residents benefit from shared community amenities, including a swimming pool, direct access to retail outlets, nearby supermarkets, and proximity to a major transport hub with bus connectivity enhancing overall livability and rental appeal.