235 rooms Labour Camp For Sale in DIP 1

Property ID: ASH PP 1012
Location: DIP 1
Property Type: Labour Camp

Property Details:

Plot Size: 33,000 sqft
Number of Rooms: 235 rooms
People Capacity: 4 per room, total capacity of 940 people
Toilets: 87 nos
Showers: 92 nos
Kitchen: 1 nos
Dining Hall: 1 nos
Parking: 12 spots
Land Lease: AED 200,120/- Approx. to be paid to DIP every year
Selling Price: AED 35 million (Net to Owner)
VAT: As Applicable
Agency Fees: 2% of Selling Price + 5% VAT
Transfer Charge: 2.5% Selling Price to DIP, 4% of total balance leased amount to Land Department, and 4% Sale value

Description:
Discover this expansive labour camp in the heart of DIP 1, offering 235 rooms with a capacity to accommodate 940 individuals. Featuring extensive facilities including 87 toilets, 92 showers, a dedicated kitchen, and a spacious dining hall, this camp ensures comfort and convenience for residents. Situated on a generous plot of 33,000 sqft, with ample parking for 12 vehicles, this property is ideal for businesses seeking robust housing solutions. With a selling price of AED 35 million, inclusive of competitive transaction charges and VAT, this opportunity promises a high return on investment in DIP.

Contact Us:
Call Us: +971 55 279 2403
Email: sales@rvrgrealestate.com
Website: rgestate.com

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.