Property Overview
Property Type: Warehouse with Land (Independent, Rented to Multiple Tenants)
Ownership Type: Leasehold Property (Renewal Every Year)
Location: Jebel Ali Industrial Area
Deal Type: Sale
Financial Details
Selling Price: AED 120,000,000/- (Net to Owner)
Land Lease: AED 6,700,000/- Paid to DREC Annually
Rental Income: AED 19,000,000/- Per Year
Net Income: AED 12,300,000/- Per Year
ROI: 10.25%
Transfer Charge: AED 300,000/- to AED 500,000/- (Approx)
VAT: 5% of Selling Price
Agency Fees: 2% of Selling Price
Property Details
Plot Size: 2,000,000 Sqft
Total Built-Up Size: 280,000 Sqft
Height: 7 M
Power: 500 kW
Number of Units: 4
Usage
Industrial, Commercial, or Storage
Amenities
Pantry
Washroom
Fire Fighting & Fire Alarm System
Civil Defense Approval (24/7)
This property is a high-return investment opportunity with a steady rental income. Let me know if you need further details or assistance!