Property Details:
Property Type: Industrial Land with Shed Office (Independent)
Location: Ras Al Khor Industrial Area
Deal Type: Sale
Ownership Type: Leasehold Property Renewal Every Year

Plot Details:
Plot Area: 38,000 Sqft
Built-up Area: 10,000 Sqft Approx
Power: 20 kW

Selling Information:
Selling Price: AED 6,000,000/- (Net to Owner)
Current Market Rent: AED 900,000 Per Year
Current Land Lease: AED 190,000 Per Year
Net Income: AED 710,000 Per Year
ROI: 11.83%
VAT: 5% of Selling Price (if applicable), Paid by Buyer
Transfer Charge: Approx. AED 50,000 - AED 100,000
Admin Fees: As Applicable
Security Deposit: As Applicable
Agency Fees: 2% of Selling Price

Usage:
Industrial
Commercial
Storage

This rented 38,000 sqft industrial land with a shed office in Ras Al Khor Industrial Area offers a lucrative investment opportunity. With leasehold ownership and renewal every year, this property generates a substantial rental income of AED 900,000 per year, resulting in a commendable return on investment (ROI) of 11.83%. Suitable for industrial, commercial, or storage purposes, this property is well-equipped to meet diverse business needs.

For more information or to arrange a viewing, please contact us. Serious inquiries are appreciated.

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