Ewan Residence Building — Fully Rented 12-Unit Residential Building for Sale in DIP 1, Dubai
DIP 1·Developer: —
Description
Ewan Residence Building is a G+2 leasehold residential building offered for sale in DIP 1 (Dubai Investment Park 1) at an asking price of AED 9,000,000. The building sits on a plot of 10,825 sq ft and delivers a total built-up area of 17,049 sq ft, spread across a ground floor plus two upper levels — a compact, efficient structure purpose-built for mid-income residential tenancy.
The building comprises 12 self-contained residential units arranged in a diversified mix: four 1-bedroom apartments, six 2-bedroom apartments, and two 3-bedroom apartments. This blend targets the broadest possible tenant demographic within the DIP corridor, from single professionals and couples through to small families, reducing the concentration risk typical of mono-configuration buildings. The current rent status is fully rented (All Rented), and the listed indicative annual rent stands at AED 1,000,000, representing a measurable income stream from day one of ownership. Buyers should consult live market benchmarks — the Dubai community guides provide updated neighbourhood-level rental context across DIP and surrounding districts.
Dubai Investment Park 1 is an integrated mixed-use zone positioned along Sheikh Mohammed Bin Zayed Road (E311), combining light-industrial, commercial, and residential precincts. The residential pocket of DIP 1 is a well-established rental catchment serving employees of the broader DIP business ecosystem, Expo City Dubai (the legacy site of Expo 2020), and the expanding logistics and logistics-adjacent workforce in the southern Dubai corridor. This geographic positioning underpins demand for practical, mid-tier rental accommodation — precisely the product that Ewan Residence Building delivers.
For investors evaluating whole-building acquisitions, the leasehold tenure and the pre-tenanted condition simplify the ownership proposition: no lease-up period, no fit-out exposure, and a single title transaction covering all 12 units simultaneously. The listing source is noted as not direct; buyers are encouraged to use the on-page enquiry form to request title documentation and current tenancy schedules prior to proceeding. To compare this opportunity against other income-producing assets currently available, browse the full Dubai residential investment inventory for ready properties across all districts.
Investors newer to the Dubai Investment Park micro-market — or those evaluating DIP against other yield-focused precincts — may find it useful to review broader market commentary and neighbourhood analysis available on the Dubai real estate blog. Understanding infrastructure development, tenant demand drivers, and lease renewal cycles in DIP 1 is essential due diligence before committing to any whole-building acquisition in the zone.
Location on the Map
Open in Google MapsHighlights
Investment Insight
Payment Plan: Plot: 10,825 sqft. Indicative Annual Rent: AED 1,000,000. Listing Source: Not Direct.
Frequently Asked Questions
›What is the unit mix in Ewan Residence Building, DIP 1?
The building contains 12 residential units in total: four 1-bedroom apartments, six 2-bedroom apartments, and two 3-bedroom apartments, spread across a ground floor plus two upper levels (G+2).
›Is Ewan Residence Building currently occupied?
Yes — the building's rent status is listed as 'All Rented', meaning all 12 units are tenanted at the time of listing. The listed indicative annual rent is AED 1,000,000.
›What is the asking price for the whole building?
The asking price is AED 9,000,000 for the entire building, which covers a built-up area of 17,049 sq ft on a plot of 10,825 sq ft.
›What tenure type applies to this building?
Ewan Residence Building is listed as a leasehold property. Buyers should verify the specific remaining lease term and renewal terms by requesting the title documents through the on-page enquiry form.
›Where is DIP 1 located in Dubai?
DIP 1 (Dubai Investment Park 1) is located in the south-western corridor of Dubai, adjacent to Sheikh Mohammed Bin Zayed Road (E311). It is an integrated mixed-use zone combining residential, commercial, and light-industrial precincts, positioned near Expo City Dubai.
›Can I purchase this building as a single transaction covering all 12 units?
Based on the listing data, the building is offered as a single whole-building sale transaction. Buyers should confirm the exact title structure — whether conveyed as one title deed or multiple strata titles — when requesting documentation from the listing source.
