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A Great Investment Opportunity in DIP 2 - Labor Accommodation with MOHRE 696 Approved Capacity
A Great Investment Opportunity in Dubai Investment Park 2, with significant potential upside in rent and appreciation due to upcoming projects in the area for next decade and more This versatile and strategically located labor accommodation is an ideal investment for:
# Investors targeting high rental yields
# Companies seeking to lower costs by owning their staff housing
Prime Location:
Located near New Dubai's development hub and recently announced projects, including:
Palm Jebel Ali
The Oasis by Emaar
New terminal projects at Maktoum Airport
Multiple residential projects introduced by major developers across Dubai
Property Overview:
·
MOHRE Approved Capacity: 696 Labours
Plot Size: 35,284.10 sqft.
Built-Up Area (BUA): 48,391.80 sqft.
Room Configuration:
o 116 rooms in total (110 labor rooms and 6 supervisor rooms)
·
Amenities:
o 60 toilets, 60 shower areas
o 6 dining areas
o 6 kitchens
o 6 Labour utility Rooms
o Parking for 8 buses inside the plot
Strategic Location:
Conveniently situated in Dubai Investment Park 2 with easy access to major highways.
Investment Potential & Current Market Position:
Rental Growth Potential: While current rents are below peak levels due to legacy COVID contracts and past mismanagement, this property has previously generated high rental income of up to AED 6 million annually.
Capital Appreciation: A strong investment opportunity with Dubai’s ongoing construction boom and committed projects anticipated to drive growth over the next 10 years.
Reason for Sale: Owners are retiring from the construction industry and undergoing debt restructuring.
Asking Price: AED 15,000,000 Net to the Owner
Contact for Details and Viewing:
Mr. Saibas Jose:
Office:
This property offers more than just a real estate investment; it's a chance to be part of Dubai's dynamic growth story. Contact us to learn more or to arrange a viewing.
Dubai Investment Park 2 (DIP2) stands as a thriving community strategically positioned in Dubai, celebrated for its industrial and commercial significance. With convenient access to major highways, DIP2 emerges as an ideal location for businesses and strategic investments. Immerse yourself in the seamless synergy of growth and innovation within the dynamic landscape of DIP2, where every aspect is meticulously designed to catalyze success and elevate your business endeavors.
# Investors targeting high rental yields
# Companies seeking to lower costs by owning their staff housing
Prime Location:
Located near New Dubai's development hub and recently announced projects, including:
Palm Jebel Ali
The Oasis by Emaar
New terminal projects at Maktoum Airport
Multiple residential projects introduced by major developers across Dubai
Property Overview:
·
MOHRE Approved Capacity: 696 Labours
Plot Size: 35,284.10 sqft.
Built-Up Area (BUA): 48,391.80 sqft.
Room Configuration:
o 116 rooms in total (110 labor rooms and 6 supervisor rooms)
·
Amenities:
o 60 toilets, 60 shower areas
o 6 dining areas
o 6 kitchens
o 6 Labour utility Rooms
o Parking for 8 buses inside the plot
Strategic Location:
Conveniently situated in Dubai Investment Park 2 with easy access to major highways.
Investment Potential & Current Market Position:
Rental Growth Potential: While current rents are below peak levels due to legacy COVID contracts and past mismanagement, this property has previously generated high rental income of up to AED 6 million annually.
Capital Appreciation: A strong investment opportunity with Dubai’s ongoing construction boom and committed projects anticipated to drive growth over the next 10 years.
Reason for Sale: Owners are retiring from the construction industry and undergoing debt restructuring.
Asking Price: AED 15,000,000 Net to the Owner
Contact for Details and Viewing:
Mr. Saibas Jose:
Office:
This property offers more than just a real estate investment; it's a chance to be part of Dubai's dynamic growth story. Contact us to learn more or to arrange a viewing.
Dubai Investment Park 2 (DIP2) stands as a thriving community strategically positioned in Dubai, celebrated for its industrial and commercial significance. With convenient access to major highways, DIP2 emerges as an ideal location for businesses and strategic investments. Immerse yourself in the seamless synergy of growth and innovation within the dynamic landscape of DIP2, where every aspect is meticulously designed to catalyze success and elevate your business endeavors.
Property Information
- TypeLabour Camp
- PurposeFor Sale
- Reference no.Bayut - SJ/DIP/SALE
- CompletionReady
- Average Rent
- Added on1 November 2024
Features / Amenities
Shared Kitchen
Parking Spaces: 7
Centrally Air-Conditioned
Completion Year: 2009
+ 8 more amenities
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