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!