80,500 sqft Prime Plot for Warehouse Use in DIC

Property ID: ASH PP 3506
Location: Dubai Industrial City (DIC)
Property Type: Plot for Warehouse Use

Property Details:

Plot Size: 80,500 sqft
Build-Up Area Allowed: 56,300 sqft
Selling Price: AED 2.5 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% of Selling Price to DIC
Transfer Charge: 4% of Total Balance Leased Amount to Land Department

Description:
This prime plot in Dubai Industrial City (DIC) is designated for warehouse use, offering a substantial plot size of 80,500 sqft with an allowable build-up area of 56,300 sqft. Priced at AED 2.5 million (net to owner), this plot is an excellent investment opportunity for those looking to develop a large-scale warehouse facility. The annual land lease is AED 3.8 per sqft, with standard transaction charges applying.

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.