Plot for Warehouse Use in Dubai Industrial City (DIC)

Property ID: ASH PP 3482
Location: DIC
Property Type: Plot for Warehouse Use
Plot Size: 42,000 sqft
Selling Price: AED 2.8 million (Net to Owner)
Land Lease: AED 3.8/- per sqft Approx (Paid to Government Every Year)
Agency Fees: 5% of Selling Price + 5% VAT
VAT: As Applicable
Transfer Charge: 2.5% Selling Price to DIC
Transfer Charge: 4% of Total Balance Leased Amount to Land Department

Area Details:
Dubai Industrial City (DIC) is a prominent industrial zone in Dubai, offering modern infrastructure and facilities for various industrial and commercial activities.

Unique Points About the Area:
Industrial Hub: DIC is home to numerous industrial and manufacturing companies, making it a thriving hub for business activities.
Strategic Location: Situated in close proximity to major highways and transportation networks, DIC provides easy access to other parts of Dubai and beyond.
Infrastructure: DIC boasts modern infrastructure and utilities, ensuring smooth operations for businesses.
Investment Potential: With ongoing development projects and infrastructure improvements, DIC offers excellent investment opportunities in industrial real estate.
This plot in DIC spans 42,000 sqft and is designated for warehouse use. The selling price is AED 2.8 million (net to owner). The land lease amounts to AED 3.8/- per sqft approx., paid to the government every year. Agency fees are 5% of the selling price plus 5% VAT. Transfer charges include 2.5% of the selling price to DIC and 4% of the total balance leased amount to the Land Department.

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