Property Overview
Property Type: Warehouse with Office (Independent, Rented to Single Tenant)
Ownership Type: Leasehold Property (Renewable Annually)
Location: Al Khawaneej (Al Ttay)
Deal Type: Sale
Property Details
Plot Size: 16,181 Sqft
Total Built-up Size: 13,000 Sqft
Height: 7 M
Power Capacity: 83 kW
Number of Units: 2
Financial Details
Selling Price: AED 5,000,000 (Net to Owner)
Land Lease: AED 50,000 per year (Paid to DREC)
Current Rental Income: AED 450,000 per year
Net Income: AED 40,000 per year
ROI: 8%
Transfer Charges: AED 50,000 to AED 100,000 (Approx.)
VAT: 5% of Selling Price (Paid by Buyer)
Agency Fees: 2% of Selling Price (Paid by Buyer)
Usage
Permitted Activities:
• Industrial
• Commercial
• Storage
Amenities
• Pantry
• Washroom
• Insulated
• Sprinkler System
• Fire Fighting System
• Fire Alarm
• Civil Defense Approval (24/7 Compliance)
Key Highlights
• Prime location in Al Khawaneej (Al Ttay), offering excellent connectivity.
• Rented to a single tenant with stable annual rental income of AED 450,000.
• Features essential facilities such as fire safety systems and insulation.
• Independent property with 83 kW power supply and a height of 7 meters.
• Strong investment opportunity with an 8% ROI.
This is a rare opportunity to own a leased warehouse and office space in Al Khawaneej, providing stable income and long-term investment potential. Contact us today for further details or to schedule a site visit.