Property Type: Plot for Warehouse Use

Property Details:
Plot Size: 100,000 sqft
Build-up Area Allowed: 70,000 sqft
Land Lease: AED 3.8/- per sqft approx. (paid to Government annually)
Selling Price: AED 4.2 million (Net to owner)
VAT: As applicable
Transfer Charges:
2.5% of the selling price to DIC
4% of the total balance leased amount to the Land Department

Description:
This 100,000 sqft plot located in Dubai Industrial City (DIC) is available for warehouse development with an approved build-up area of 70,000 sqft. The plot provides ample space for industrial operations and is subject to a land lease of AED 3.8 per sqft, payable to the government every year. The selling price for this plot is AED 2.5 million (net to owner), making it a great investment for industrial projects.

Investment Overview:
This plot offers an ideal location for the construction of a warehouse with the necessary space for operations in DIC, which is known for its business-friendly environment and proximity to key transportation hubs.