Property Id: MAK PP 2413

Property Details:
Property Type: Warehouse (Independent Rented Multiple Tenant)
Ownership Type: Private Mulkhiya Plot Freehold for Local and GCC Nationality

Specifications:
Plot Size: 150,000 Sqft
Built-up Size: 105,000 Sqft
Power: 195 kW
Height: 7 M
No. of Units: 30 Nos

Financials:
Selling Price: AED 65,000,000/- (Net to Owner)
Current Rental Income: AED 3,650,000 Per year
ROI (Return on Investment): 5.61%
VAT: 5% of Selling Price
Transfer Charge: 4% of Selling Price
Agency Fees: 3% of Selling Price

Description:
This impressive warehouse property, strategically located in the vibrant area of Al Quoz, is now available for sale. The property stands on a private Mulkhiya plot, offering freehold ownership for local and GCC nationalities.

With a substantial plot size of 150,000 sqft and a built-up area of 105,000 sqft, the property boasts 30 independent units, providing a versatile space for multiple tenants. The warehouse features a power capacity of 195 kW and a height of 7 meters, catering to various industrial and commercial needs.

The property is currently generating a lucrative rental income of AED 3,650,000 per year, resulting in a competitive ROI of 5.61%. The selling price of AED 65,000,000 presents an excellent investment opportunity.

RGESTATE.COM a flagship venture by Riveria Global Group, stands as a trusted and dynamic player in the real estate domain. Committed to excellence, we specialize in connecting individuals and businesses with their ideal properties in Dubai and beyond. Our team of experienced professionals is dedicated to providing personalized and comprehensive real estate solutions, catering to diverse needs and preferences. With a focus on transparency, integrity, and client satisfaction, RGESTATE.COM continues to be a reliable partner for those navigating the vibrant and ever-evolving real estate landscape. Whether buying, selling, or leasing, we strive to make every property journey seamless and rewarding for our valued clients.