For Sale:
Dubai Buildings
Umm Al Sheif
IST Plaza
Bayut - 100763364100
Fully Leased Building | SZR next to Metro
AED60,000,000
IST Plaza, Umm Al Sheif, Dubai
27,921 sqft

Fully Leased Building | SZR next to Metro

Income producing % ROI
Prime Location on Sheikh Zayed Road next to the Metro - Trophy Asset!
Fully leased building with long term tenants.
B+G+1: 1 office floor, 2 showrooms, 42 parkings, 2 elevators
Leasable area: 27,921 sq ft
Plot Area : 21,496 sq ft
Plot Ownership: On Concession from DREC - paid up until September 2039
Lease transfer Charges: 2% of sale price
Commission 2% on purchase price
Additional income from LED screen on rooftop operated by Eyemedia

Located beside Umm Al Sheif Metro Station
Umm Al Sheif is a peaceful area in Dubai. Most basic amenities can be found in the community or its surrounding areas.

IST Plaza - OFFER SUMMARY - GET 8.8% ROI WITH LONG LEASES IN PLACE
(This asset is not suitable for end users/occupiers due to the long leases already in place)

FOR MORE INFORMATION, CALL SUMEET KHUBCHANDANI AT
Visit us at www. alhuraiz. ae to learn more.

Property Information

  • TypeCommercial Building
  • PurposeFor Sale
  • Reference no.Bayut - 100763364100
  • CompletionReady
  • Average Rent
  • Added on7 November 2024

Features / Amenities

Parking Spaces
Lobby in Building
ATM Facility

Trends

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Mortgage

This property is no longer available