Mid-market British curriculum school located in Dubailand within Remraam, a prominent middle-income community at the Hessa Street / Emirates Road (E611) intersection.
Market Value
USD 21m
Occupancy Rate
100%
Gross Rental Yield
6.5%
% of Portfolio Value
6%
Leasable Area
132,000sqft
No. of units
1
Type
Alternative
Purchase Date
Aug 2017
Construction Completion Date
Aug 2018
Weighted Average
Unexpired Lease Term
32.85
Location
DUBAILAND
As at 30th June 2021.
Asset management highlights
- Occupancy stable. School operating successfuly.
An attractive portfolio of high yielding assets
ENBD REIT has an attractive of high yielding assets currently spanning both commercial property and residential property.
South View School
Gross Yield 6.5%
Occupancy rate 100%
% of portfolio value 6%
Type Alternative
Location DUBAILAND
As at 30th June 2021.
Uninest
Gross Yield 14.0%
Occupancy rate 100%
% of portfolio value 6%
Type Alternative
Location DUBAILAND
As at 30th June 2021.
Al Thuraya Tower 1
Gross Yield 5.3%
Occupancy rate 37%
% of portfolio value 19%
Type Office
Location DUBAI MEDIA CITY
As at 30th June 2021.
Burj Daman
Gross Yield 7.0%
Occupancy rate 96%
% of portfolio value 19%
Type Office
Location DIFC
As at 30th June 2021.
Find this interesting?
Share it with your network using the below social media channels
Disclaimer
Copyright © 2021 Emirates NBD Bank PJSC. All Rights Reserved