Property Overview:
• Discover this fully tenanted labor camp in the vibrant Al Quoz district of Dubai. Offering a comfortable and well-maintained living environment for 92 people, this property presents a lucrative investment opportunity with a steady rental income stream.

Key Features:
• Prime Location: Situated in the sought-after Al Quoz area
• Strong Tenant Base: Enjoy a reliable and consistent tenant occupancy
• High ROI: Achieve a substantial return on investment with a 7.24% ROI
• Well-Maintained Building: Features modern amenities and excellent maintenance
• Growth Potential: Benefit from the increasing demand for labor accommodations in Dubai

Financial Details:
• Selling Price: AED 2,800,000/- (Net to Owner)
• Current Land Lease: AED 36,400/year (Paid to DREC)
• Current Rental Income: AED 240,000/- Yearly
• Current Net Income: AED 203,600/- Yearly
• ROI: 7.24%
• VAT: 5% of Selling Price (Paid by Buyer)
• Transfer Charge: AED 50,000/- to AED 100,000/- (Approximate)
• Agency Fees: 2% of Selling Price (Paid by Buyer)

Property Specifications:
• Property Type: Labor Camp (Independent)
• Location: Al Quoz, Dubai
• Deal Type: Sale
• Ownership Type: Leasehold Property Renewal (Yearly)
• Plot Size: 4,550 Sqft
• Built-up Size: G+1 (Permission for G+2)
• Number of Rooms: 16 Rooms (Window A/C Available)
• People Capacity: 92
• Kitchens: 2
• Dining Areas: 2
• Washrooms: Sufficient
• Showers: Sufficient

Amenities: Toilets, Bathrooms, Kitchens, Dining Areas

Investment Highlights:
• Stable Rental Income: Benefit from long-term leases and consistent rental payments
• Value Appreciation: Enjoy potential property value growth over time
• Strong Tenant Demand: Benefit from the increasing demand for affordable housing in Dubai
• Professional Management: Consider hiring a property management company to optimize returns

To schedule a viewing or learn more about this exceptional investment opportunity, please contact RVRG Real Estate Brokerage. Our experienced agents can provide you with detailed information and assist you in making an informed decision.