Property Overview
Property Type: Warehouse (Independent, Rented to Multiple Tenants)
Ownership Type: Leasehold Property (Renewable Every Year)
Location: Ras Al Khor
Deal Type: Sale

Property Details
Plot Size: 49,000 Sqft
Built-Up Size: 47,300 Sqft
Height: 6 to 7 Meters
Power Supply: 150 kW
Number of Units: 16

Pricing Details
Selling Price: AED 16,000,000/- (Net to Owner)
Land Lease: AED 294,000/- (Paid to DREC Annually)
Rental Income: AED 2,000,000/- Annually
Net Income: AED 1,706,000/- Annually
ROI: 10.66%
Transfer Charge: AED 100,000/- to AED 200,000/- (Approx.)
VAT: 5% of Selling Price (Paid by Buyer)
Agency Fees: 2% of Selling Price (Paid by Buyer)

Usage
• Industrial
• Commercial
• Storage

Description:
This 47,300 sqft warehouse in Ras Al Khor is an excellent investment opportunity with a strong rental yield. The property is leasehold, renewable annually, and rented to multiple tenants, generating an annual rental income of AED 2,000,000/- with a net income of AED 1,706,000/-.
The warehouse features 16 units, a height of 6-7 meters, and a robust 150 kW power supply. It is strategically located in Ras Al Khor, making it ideal for industrial, commercial, or storage purposes.
With a competitive ROI of 10.66%, this property is perfect for investors seeking long-term, stable returns.
Contact us today for further details or to schedule a viewing!