Property Overview
• Property Type: G+M Shop & Warehouse Building (Independent, Rented)
• Ownership Type: Leasehold Property (Renewable Every Year)
• Location: Al Quoz
• Deal Type: Sale
Financial Details
• Selling Price: AED 6,000,000 (Net to Owner)
• Land Lease: As per current market price, paid to DREC yearly
• Net Income: AED 325,000 Yearly
• ROI: 5.41% Yearly
• VAT: 5% of Selling Price (If Applicable)
• Transfer Charge: AED 50,000 to AED 100,000 Approx
• Agency Fees: 2% of Selling Price
Property Specifications
• Plot Size: 19,936 Sqft
• Built-up Size: 24,275 Sqft
• Height: 7 to 8 Meters
• No. of Units: 5 (2 Shops & 3 Warehouses)
Usage
• Industrial, Commercial, and Storage
Amenities
• Pantry
• Washroom
• Insulated Structure
• Sprinkler System
• Fire Fighting System
• Fire Alarm
• Civil Defense Approval (24/7 Compliance)
This rented G+M shop and warehouse building in Ras Al Khor offers a lucrative investment opportunity with a stable yearly income. The property is well-suited for industrial, commercial, and storage purposes. For inquiries or to schedule a viewing, please contact us!