Overview:
This fully air-conditioned warehouse with office space in Al Quoz Industrial Area is available for sale. The property is a leasehold with annual renewal and comes with substantial rental income and a high return on investment (ROI).

Key Points:
Property Type: Fully Air-Conditioned Warehouse with Office (Independent)
Location: Al Quoz Industrial Area
Deal Type: Sale
Ownership Type: Leasehold Property (Renewal Every Year)

Financials:
Selling Price: AED 22,000,000 (Net to Owner)
Current Land Lease: AED 250,000 (approx.) paid to DREC annually
Rental Income: AED 2,344,000 annually
Net Income: AED 2,094,000 annually
ROI: 9.51%
VAT: 5% of Selling Price
Transfer Charge: AED 100,000 to AED 200,000 (approx.)
Agency Fees: 2% of Selling Price, paid by Buyer

Specifications:
Plot Size: 60,000 Sqft
Built-up Size: 36,000 Sqft
Power: 700 kW
Height: 7 M
No of Units: 3

Usage:
Industrial, Commercial, or Storage

Amenities:
Pantry
Washroom
Insulated
Fire Fighting System
Fire Alarm System
24/7 Civil Defense Monitoring

Description:
This independent, fully air-conditioned warehouse with office space in the prime Al Quoz Industrial Area offers a substantial built-up area of 36,000 sqft on a 60,000 sqft plot. With a significant power capacity of 700 kW and a height of 7 meters, this property is well-suited for industrial, commercial, or storage purposes. The warehouse comprises 3 units and includes amenities such as a pantry, washroom, insulation, fire fighting and alarm systems, and 24/7 civil defense monitoring, ensuring safety and comfort for all operations.

Financially, the property is highly attractive, with a selling price of AED 22,000,000 and an annual rental income of AED 2,344,000. After accounting for the land lease, the net income stands at AED 2,094,000, providing a robust ROI of 9.51%. The buyer will be responsible for VAT at 5% of the selling price, transfer charges ranging from AED 100,000 to AED 200,000, and agency fees at 2% of the selling price.

This warehouse is an excellent investment opportunity, offering stable rental income and a high return on investment in a sought-after industrial location.

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