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Description
Prime Doha Location | 29 One-Bedroom Apartments | Fully Furnished | 3-Year Lease
A fully refurbished and renovated residential building offering a turnkey, income-generating investment. All apartments are furnished with brand-new furniture, and the entire property is currently leased under a 3-year rental contract.
Situated in a premium, highly accessible area of Doha, the building is close to the airport, hotels, restaurants, commercial hubs, and major roads—ensuring excellent access and sustained long-term rental demand.
Property Overview
- G + 8 floors
- 29 fully furnished 1-bedroom apartments
- All units refurbished and renovated
- Brand-new furniture throughout
- Fully leased on a 3-year contract
- Monthly rental income: QAR 97,500
- Annual rental income: QAR 1,170,000
- Strong rental profile
- Prime, easily accessible Doha location
Building Facilities
- 8th floor lifestyle amenities: fully equipped gym and rooftop swimming pool
- Basement level: reception area, 8 parking spaces, security room, one additional room, and supporting service areas
Investment Highlights
- Immediate income from an existing lease, eliminating downtime
- Projected rental income over the remaining lease term: approx. QAR 3,510,000
- Recent refurbishment and new furnishings minimize additional capex, enabling seamless continuation of operations from day one
Rental Yield / ROI
- Asking price: QAR 17.5 million
- Approximate gross annual rental yield: 6.69% (based on QAR 1.17 million annual rent)
This offering combines secured rental income, modern upgrades, quality furnishings, attractive amenities, and a strategic Doha location—an efficient, ready-made acquisition for investors seeking a stabilized, income-producing residential asset.
Definitions
City
Doha
Address
Umm Ghuwailina
Type
Commercial
Listed For
For Sale
Reference No
RWBS-000023-5571
City
Doha
Address
Umm Ghuwailina
Type
Commercial
Listed For
For Sale
Reference No
RWBS-000023-5571
