PROJECT 7 STOREY BUILDING
Requirement : AED 100M IN DEBT FUNDING, or AED 150M FOR SALE ON AS IS BASIS
Our client is looking for asset based financing for Seven Storey building in a prime location in Dubai with repayment expected in 18 months. The building is can also be considered for outright sale on As Is Basis.
Benefits
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The land value is approx. AED 80M.
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The cost of the building construction is AED 70M and is up to 80% ready.
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The rental yield after completion is expected to be AED 15M+.
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We are of the opinion that the assumed completed Market Value of the property will be around AED 300M+
For more information contact us at info@magas.services