Property Id: MAK MIT 2829

Property Details: Warehouse for Sale in Al Qusais Industrial Area 3

Location: Al Qusais Industrial Area 3

Property Type: Warehouse (Independent Multiple Tenant)

Ownership Type: Leasehold (Property Renewal Every Year)

Deal Type: Sale

Selling Price: AED 5,500,000/- (Net to Owner)

Financials:
Current Rental Income: AED 480,000/- per year
Land Lease: As per current market price (Payable to DREC every Year)
Transfer Charge: AED 50,000 to AED 100,000 (Approx)
VAT: As Applicable
Agency Fees: 2% of Selling Price

Specifications:
Plot Size: 15,000 sqft
Warehouse Size: 10,000 sqft
Power: 100 kW
Height: 7 M
Number of Units: 3 Nos

Amenities:
Pantry
Washroom

Additional Information:
An independent multiple-tenant warehouse is available for sale in Al Qusais Industrial Area 3, featuring a leasehold ownership with yearly property renewal.
The selling price is AED 5,500,000, providing a net rental income of AED 480,000 per year.
Land lease payments are determined by the current market price and are payable to DREC every year.
Transfer charges, VAT, and agency fees are applicable, with details available upon inquiry.
The property boasts a plot size of 15,000 sqft, with a warehouse size of 10,000 sqft.
It comprises 3 units, suitable for various commercial and industrial uses.
The warehouse is equipped with 100 kW power capacity and has a height of 7 meters.
Amenities include a pantry and washroom facilities for added convenience.

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