AED 790,000
# Arabic Residential and Commercial House for Sale | G+2 Permit | Annual Income AED 40,000 | AED 790,000 **A unique investment opportunity for investors seeking an existing property at an affordable price, with current annual income and a building permit for the ground floor and two additional floors, plus fees paid. ** This Arabic-style house combines **residential and commercial use**, with a land area of **2,000 sq ft**, and currently generates an annual income of **AED 40,000**, giving the buyer the opportunity to benefit from the property as a source of ongoing income while utilizing the approved permit. ### Property Details * **Property Type:** Arabic Residential and Commercial House * **Land Area:** **2,000 sq ft** * **Building Permit:** **Ground + Two Floors (G+2)** * **Fees:** Paid * **Current Annual Income:** **AED 40,000** * Suitable for living or investment ### Why is this property a good opportunity? One of the property's key advantages is the availability of a **G+2 Building Permit**, which allows the buyer to utilize the property according to permitted uses and the approved design, instead of starting from scratch to obtain permits. Furthermore, the **existing annual income** makes the property a suitable option for investors seeking a real estate asset that can be utilized immediately, with the possibility of future development in accordance with the permit and approved regulations. ### Important Additional Advantage **Fee is fully paid**, a point that provides the buyer with greater clarity when reviewing the deal and reduces additional costs associated with ownership, as detailed in the property specifications. ### Suitable for Residence or Investment The property is suitable for multiple purposes, whether for a buyer seeking a **residential property** or an investor who wants to own a **real estate asset with an existing annual income**, with the possibility of utilizing the permit according to regulations and the approved design. ### Investment…
Al Bustan · avg 5-bed price AED 2.1M · 12 properties · See all