G+5 Residential | 49 units | 100% Occupany

Price (AED)

52,000,000

Size (sqft)

14,613

PPSF

3,558

Type

Whole Building

Bedrooms

—

Bathrooms

none

Completion

completed

Furnished

YES

Broker

fam Properties - Branch 1

Agent

Dana Kelzieh

Listed

2026-05-06

Computed

2026-05-11 13:53:18

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  Missing fields: bedrooms

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fam Properties exclusively presents a fully leased, transit oriented residential asset in the heart of Discovery Gardens Contemporary Cluster 171. 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. Key Highlights: Entire residential building | G+5 Contemporary Cluster 171 49 units: 40 x 2BR, 8 x 1BR, 1 x Studio Average unit sizes: Studio 441 sq.ft, 1BR 853 sq.ft, 2BR 1,583 sq.ft GFA: 94,486 sq.ft | BUA: 112,660 sq.ft | GLA: 68,049 sq.ft 100% occupied, fully leased multifamily asset Walking distance to Metro station and mall Strong income stability with upside potential A rare opportunity to acquire a prime, income generating asset in one of Dubai s most established transit oriented communities. Contact us today!