622,000 sqft Plot and 26,000 sqft Warehouse in DIC

• Property ID: ASH PP 779
• Location: DIC
• Property Type: Warehouse and office
• Plot Size: 622,000 sqft
• Built-up Area: 26,000 sqft
• Height: 8 meters
• Power: 1000 kW
• Selling Price: AED 12 million (Net to Owner)
• Current Land Lease: AED 4.2 per sqft approx. paid to Dubai Industrial City every year
• VAT: As Applicable
• Agency Fees: 2% of Selling Price + 5% VAT
• Transfer Charge (DIC): 2.5% of Selling Price to DIC
• Transfer Charge (Land Department): 4% of total balance leased amount or 4% of Sale value

Description:
This property in DIC features a warehouse and office space on a large plot of 622,000 sqft with a built-up area of 26,000 sqft. It offers a height of 8 meters and a substantial power capacity of 1000 kW, suitable for various industrial and commercial purposes. The current land lease of AED 4.2 per sqft ensures competitive operational costs within Dubai Industrial City. Located in DIC, known for its supportive infrastructure and industrial facilities, this property presents an excellent opportunity for businesses seeking to establish a presence in Dubai. The selling price of AED 12 million provides an attractive investment prospect in Dubais industrial real estate market.

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.