Property Type: Plot with Warehouse and Office

Property Details:
Plot Size: 40,100 sqft
Total Built-up Area (BUD): 17,000 sqft
Height: 7 M
Power: 200 kW
Selling Price: AED 10 million (Net to owner)
Land Lease: AED 3.10/- per sqft approx., paid to Dubai Industrial City every year
VAT: As Applicable

Transfer Charge:
2.5% of the selling price to DIC
4% of the total balance leased amount to the land department or 4% of the sale value

Description:
This property in Dubai Industrial City (DIC) features a plot size of 40,100 sqft with a total built-up area of 17,000 sqft. The warehouse and office space have a height of 7 meters and are supported by a 200 kW power supply. The selling price is AED 10 million (net to owner). Annual land lease is approximately AED 3.10 per sqft, paid to DIC. Additional costs include applicable VAT, and transfer charges of 2.5% to DIC and 4% of the total balance leased amount or sale value to the land department.

About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.