Property Type: Plot for Warehouse Use

Property Details:
Plot Size: 245,000 sqft
Build-up Allowed: 170,000 sqft
Selling Price: AED 6,125,000/- (AED 25 per sqft, net to owner)
Land Lease: AED 3.8/- per sqft approx., paid to the government annually
VAT: As applicable

Transfer Charge:
2.5% of the selling price to DIC
4% of the total balance leased amount to the Land Department

Description:
Located in Dubai Industrial City (DIC), this 245,000 sqft plot is designated for warehouse use, with 170,000 sqft of build-up allowed. The property is priced at AED 6,125,000 (AED 25 per sqft, net to owner). It comes with a land lease of AED 3.8 per sqft per year, payable to the government. Ideal for industrial development, this plot offers significant potential for businesses looking to expand in a thriving industrial hub.

About RVRG Real Estate
RVRG Real Estate is your trusted partner in Dubai's dynamic real estate market, offering a wide range of commercial and residential properties. With a focus on delivering personalized property solutions, we excel in property sales, rentals, and management, guiding clients toward high-return investments. Our experienced team provides in-depth market analysis, negotiation support, and property management services to ensure efficient, hassle-free transactions for buyers, sellers, and investors alike.