51,500 sqft Commercial Warehouse For Sale in DIC

Property ID: ASH PP 1384
Location: DIC
Property Type: Warehouse with washroom and office brand new

Property Details:

Plot Size: 100,000 sqft
Built-up Area: 51,500 sqft
Number of Units: 2 nos
Height: 8 meters
Power: 1200 kW
Financial Details:

Selling Price: AED 18.5 million (Net to owner)
Land Lease: AED 4.4/- per sqft approx (Paid to Dubai Industrial City every year)
Agency Fees: 2% of selling price + 5% VAT
VAT: As Applicable
Transfer Charge: 2.5% Selling Price to DIC
Transfer Charge: 4% of total balance leased amount to land department or 4% Sale value

Description:
Located in Dubai Industrial City (DIC), this brand new warehouse with a built-up area of 51,500 sqft includes a washroom and office facilities. The warehouse stands 8 meters tall and is powered with 1200 kW, suitable for various industrial operations. The annual land lease rate is approximately AED 4.4 per sqft. Priced at AED 18 million (net to owner), this property offers a prime investment opportunity in a strategic industrial location.

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.