Lease - Labor camp
Labor Accommodation Building - Lease
Land no. 125, Municipality
Land Use: Labor Accommodation
Authorized :G + 4 Floors
FAR : 3.0
GFA : 146,864.01 sq ft
Plot Area 48,987.39 sq ft
Property sold unfurnished
The bidder must be a UAE
citizen or GCC company
Ownership is only Lease on the Land
from Dubai Investment Park
with a lease starting date From :
01 MAY 2001 TO 01 MAY 2031
The viewing is not available
The building Occupied by the Owner
But there is tenancy Contract on the restaurant
Rented till 31 AUG 2024
Rent Value 240,000 AED / per Year
In respect of claims relating refund
Of the rent or vacancy of the property
The New Owner (the winner of the auction)
Must file a case with the competent authority
Settlement Committee, to evict the occupants
of the property and recover the rental value.
and the buyer must notify the tenant
by the Notary Public that he is the new owner
of the property. and that Emirates Auction and/or Dubai Courts bear no responsibility.
This property is sold to the highest bidder
Recent decisions of the Dubai Courts
apply in terms of accepting or rejecting
offers of the bidders
The buyer bears the Property
Developer’s fees from the date
Of registering the Title Deed in his name
Your participation in the auction is an
acknowledgment of the property legal
and physical conditions
for more details or to participate in auction
please call us at
available 24 hours
Land no. 125, Municipality
Land Use: Labor Accommodation
Authorized :G + 4 Floors
FAR : 3.0
GFA : 146,864.01 sq ft
Plot Area 48,987.39 sq ft
Property sold unfurnished
The bidder must be a UAE
citizen or GCC company
Ownership is only Lease on the Land
from Dubai Investment Park
with a lease starting date From :
01 MAY 2001 TO 01 MAY 2031
The viewing is not available
The building Occupied by the Owner
But there is tenancy Contract on the restaurant
Rented till 31 AUG 2024
Rent Value 240,000 AED / per Year
In respect of claims relating refund
Of the rent or vacancy of the property
The New Owner (the winner of the auction)
Must file a case with the competent authority
Settlement Committee, to evict the occupants
of the property and recover the rental value.
and the buyer must notify the tenant
by the Notary Public that he is the new owner
of the property. and that Emirates Auction and/or Dubai Courts bear no responsibility.
This property is sold to the highest bidder
Recent decisions of the Dubai Courts
apply in terms of accepting or rejecting
offers of the bidders
The buyer bears the Property
Developer’s fees from the date
Of registering the Title Deed in his name
Your participation in the auction is an
acknowledgment of the property legal
and physical conditions
for more details or to participate in auction
please call us at
available 24 hours
Property Information
- TypeLabour Camp
- PurposeFor Sale
- Reference no.Bayut - 7836
- CompletionReady
- Average Rent
- Added on19 July 2024
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Emirates Auction
Agent:Emirates Auction LLC