Property Type: Warehouse with Washroom (Fully Air-Conditioned)

Property Details:
Height: 10 M
Number of Units: 2
Power: 1200 kW
Land Lease: AED 4.2/- per sqft (Paid to Dubai Industrial City every year)
Selling Price: AED 25 million (Net to Owner)
VAT: As Applicable

Transfer Charges:
2.5% of Selling Price to DIC
4% of the total balance leased amount to the land department

Description:
This property is a fully air-conditioned warehouse with washroom facilities, located in Dubai Industrial City (DIC). The warehouse spans 66,000 sqft and sits on a large 197,000 sqft plot. It features a height of 10 meters and is equipped with a significant power capacity of 1200 kW. The land lease is approximately AED 4.2 per sqft, paid annually to Dubai Industrial City. The property is available for sale at AED 25 million, net to the owner. Additional costs include VAT, agency fees (5% of the selling price + 5% VAT), and transfer charges to DIC and the land department.

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.