Property Type: Warehouse with Office and Loading Bay (Fully Rented)

Property Details:
Plot Size: 160,000 sqft
Built-up Area: 104,000 sqft
Height: 9 meters
Power: 30 kW

Financial Details:
Land Lease: AED 898,560/- per year (paid to Jafza)
Selling Price: AED 15 million (Net to Owner)
ROI: 8%
VAT: As Applicable
Transfer Charge: 4% to the Land Department

Description:
This fully rented warehouse, located in Jafza North, comes with an office and loading bay, offering a substantial built-up area of 104,000 sqft on a 160,000 sqft plot. The property features a 9-meter height and 30 kW of power capacity. With a selling price of AED 15 million, this property offers an impressive ROI of 8%. The annual land lease is AED 898,560/- paid to Jafza. Additional costs include a transfer charge of 4% to the Land Department and agency fees of 2% of the selling price plus 5% VAT.

About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.