Property Details:

Property Type: Old Labour Camp with Retail Shops (Ground Level)

Description: The property features retail shops at the ground level, with the potential to build a G+3 Labour Accommodation. The ground floor is designated for shops, while the upper floors (1st to 3rd) can be utilized for accommodation purposes. This is a corner plot, offering additional visibility and accessibility.

Location: Al Muhaisnah Sonapur

Deal Type: Sale

Ownership Type: Leasehold, renewed annually



Plot Details:

Plot Size: 4,800 Sqft

Built-up Size: 2,200 Sqft Approximate



Current Configuration:

Number of Rooms: 6

Room Capacity: 8 people per room

Total Capacity: 48 people

Kitchen: 1

Dining Area: 1



Financials:

Selling Price: AED 1,500,000 (Net to Owner)

Current Lease: AED 28,800 per year

Transfer Charge: AED 30,000 to AED 50,000 (Approximate)

Agency Fees: 2% of Selling Price (paid by buyer)



Usage and Amenities:

Usage: Residential

Amenities:

Toilets: 4

Bathrooms: 4

Hand wash facilities: 6



Potential Development:

This property offers the potential to develop a G+3 labour accommodation with additional retail shops, leveraging the strategic corner plot location facing the main road.



Key Features:

This property presents a unique investment opportunity featuring a corner plot with existing retail shops and potential to develop a G+3 labour accommodation with additional shops. Located in Al Muhaisnah Sonapur, this leasehold property offers versatile options for development and investment.

Corner plot with high visibility

Suitable for redevelopment and expansion

Versatile property ideal for investors seeking residential and commercial development opportunities



This offering represents a compelling investment for those looking to capitalize on the growing demand for labour accommodations and retail spaces in the Al Muhaisnah Sonapur area.



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



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