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    Fully Rented G+4 Labour Camp with 221 Rooms in DIP  | RGEstate UAE

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    AED 20,000,000

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    Fully Rented G+4 Labour Camp with 221 Rooms in DIP  | RGEstate UAE
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    AED 20,000,000

    AED 20,000,000

    Fully Rented G+4 Labour Camp with 221 Rooms in DIP
    DIP Dubai Investment Park

    Facts

    AED 20,000,000
    Reference ASH PP 612
    Added On 16-Feb-2024
    Category Commercial
    Type Labor camp
    Offer Type For Sale
    Size 80,000 Sq. Ft.
    Plot Area 35,800 Sq. Ft.

    Description

    Labour Camp G+4 Fully Rented in DIP 2

    Property ID: ASH PP 612
    Location: DIP 2
    Property Type: Labour Camp G+4 (Fully Rented)
    Plot Area: 35,800 sqft
    Built-Up Area (BUA): 80,000 sqft
    Number of Rooms: 221 rooms (including 24 large rooms)
    People Capacity per Room: 4 & 6 people
    Total People Capacity: 952 people

    Facilities:

    Washrooms: 88 (22 on each floor)
    Showers: 88 (22 on each floor)
    Handwash Stations: 100 (25 on each floor)
    Financial Details:

    Land Lease: AED 482,415/- approx. annually, paid to DIP authorities
    Selling Price: AED 20 million (negotiable, net to owner)
    VAT: As applicable
    Agency Fees: 2% of selling price + 5% VAT
    Transfer Charges:
    2.5% to DIP
    4% of total balance leased amount to Land Department
    4% sale value
    Area Details:
    Dubai Investment Park (DIP) is a premier business destination offering world-class infrastructure and facilities. It is strategically located, providing easy access to key transport routes and major commercial hubs in Dubai.

    Unique Points About the Area:

    Strategic Location: DIP is conveniently located close to major highways like Sheikh Zayed Road and Emirates Road, facilitating seamless connectivity to Dubai’s key areas, including Jebel Ali Port and Al Maktoum International Airport.
    Comprehensive Facilities: DIP offers a wide range of amenities and services, including security, efficient utilities, and well-maintained roads, making it an ideal location for businesses.
    Business-Friendly Environment: The area is designed to support various industries with its flexible zoning, modern infrastructure, and supportive business policies.
    Sustainable Development: DIP is known for its focus on sustainable development, providing a green and eco-friendly environment for businesses to thrive.
    This labour camp in DIP 2 features a total of 221 rooms, accommodating up to 952 people, with well-maintained facilities across all floors. The property is fully rented out, ensuring a steady stream of rental income. The selling price is AED 20 million (negotiable, net to owner). The annual land lease is approximately AED 482,415, paid to DIP authorities. Agency fees are 2% of the selling price plus 5% VAT, with transfer charges amounting to 2.5% to DIP and 4% of the total balance leased amount to the Land Department, and 4% of the sale value.

    RGEstate

    Discover prime real estate opportunities with RGEstate. Contact us today!

    Interested in this property or need more information? Contact RGEstate to secure this prime labour camp in Dubai Investment Park 2!

    Floor Plan Show 3D

    Contact the agent to get the relevant floor plan for this listing
    Advertiser Character: Authorized Advertiser License Number: 1
    Commercial Registration No.: 1

    Sale(1421), Rent(610)

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