Investment property located in "Salmiya" area with a plot size of $418\mathrm{.}61$ square meters, overlooking two internal streets $($corner location$).$ The building is utilized to the highest and best use and contains a basement, ground floor, $8$ typical floors, and a roof. Upon inspection, it was found that the effective age of the building is $10$ years and the remaining economic life is $25$ years. The property has an above average material finishing, and the reproduction cost for buildings is as shown below, with indirect costs of $12\%$ of the total reproduction cost. Similar size property overlooking one street was sold in "Salmiya" last week for $(719,000$ KD$).$ The estimated difference between one street and a corner location land rate is $(100$ KD$/$m$^2).$ Subject property units are rented to families only and the shop is utilized as a restaurant.Assumptions:Apartments area per floor: $397\mathrm{.}26$ m$^2$Service area per floor: $10\%$ of apartments areaBasement area: $418\mathrm{.}61$ m$^2$Shop and guards quarter: $397\mathrm{.}26$ m$^2$Reproduction costs per square meter:Apartments: $130$ KD$/$m$^2$Service: $75$ KD$/$m$^2$Basement: $110$ KD$/$m$^2$Shop and Guards Quarter: $105$ KD$/$m$^2$