Property Overview
• Property Type: Warehouse (Independent, Rented Single Tenant)
• Ownership Type: Leasehold Property (Renewed Annually)
• Location: Al Qusais
• Deal Type: Sale
Financial Details
• Selling Price: AED 7,000,000 (Net to Owner)
• Current Land Lease: AED 108,000 to DREC Yearly
• Current Rental Income: AED 735,000 Yearly
• Net Income: AED 627,000 Yearly
• ROI: 8.95% Yearly
• VAT: 5% of Selling Price, if Applicable (Paid by Buyer)
• Transfer Charge: AED 100,000 to AED 150,000 Approx (Paid by Buyer)
• Agency Fees: 2% of Selling Price (Paid by Buyer)
Property Specifications
• Plot Size: 30,000 Sqft
• Built-up Size: 29,000 Sqft
• Height: 6 to 7 Meters
• Power: 200 kW
Usage
Suitable for Industrial, Commercial, or Storage purposes.
Amenities
• Pantry
• Washroom
• Fire Fighting
• Fire Alarm
• Civil Defense (24/7)
This leased warehouse in Al Qusais offers a stable rental income with a high ROI, making it a great investment opportunity. For more details or to arrange a site visit, please contact us!