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!