Property Details:
Type: Warehouse (Independent, Vacant)
Ownership: Leasehold Property (Renewal Every Year)
Location: Al Quoz Industrial Area
Deal Type: Sale
Financial Details:
Selling Price: AED 18,000,000 (Net to Owner)
Current Land Lease: AED 200,000 (Paid to DREC every year)
Expected Rental Income: AED 2,450,000 per year
Net Income: AED 2,250,000 per year
ROI: 12.5%
Transfer Charge: AED 100,000 to AED 200,000 approx
VAT: 5% of Selling Price
Agency Fees: 2% of Selling Price
Plot & Warehouse Specifications:
Plot Size: 50,300 Sqft
Total Built-up Size: 35,000 Sqft
Height: 6 M
Power: 450 kW
Number of Units: 4
Usage:
Industrial, Commercial, or Storage

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