71,000 sqft Plot 34,000 sqft Warehouse for sale in DIP Full Rent Out
71,000 sqft Plot 34,000 sqft Warehouse Full Rent Out
Property Details:
Height: 8 M
Power: 350 KW
Land Lease: AED 200,000/- approx. , paid to Dubai Investment Park every year
Selling Price: AED 12 million (Net to owner)
ROI: 5%
VAT: As Applicable
Transfer Charge:
2.5% of the selling price to DIP
4% to the land department
Description:
Situated in Dubai Investment Park (DIP), this warehouse comes with a washroom and office, fully rented out. The property boasts a plot area of 71,000 sqft and a total built-up size of 34,000 sqft, with a height of 8 meters and a power capacity of 350 KW. The annual land lease is approximately AED 200,000, paid to Dubai Investment Park. The selling price is AED 12 million (net to owner) with a return on investment (ROI) of 5%. Additional costs include applicable VAT, agency fees (2% of the selling price + 5% VAT), and transfer charges of 2.5% to DIP and 4% to the land department.
About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.
Property Details:
Height: 8 M
Power: 350 KW
Land Lease: AED 200,000/- approx. , paid to Dubai Investment Park every year
Selling Price: AED 12 million (Net to owner)
ROI: 5%
VAT: As Applicable
Transfer Charge:
2.5% of the selling price to DIP
4% to the land department
Description:
Situated in Dubai Investment Park (DIP), this warehouse comes with a washroom and office, fully rented out. The property boasts a plot area of 71,000 sqft and a total built-up size of 34,000 sqft, with a height of 8 meters and a power capacity of 350 KW. The annual land lease is approximately AED 200,000, paid to Dubai Investment Park. The selling price is AED 12 million (net to owner) with a return on investment (ROI) of 5%. Additional costs include applicable VAT, agency fees (2% of the selling price + 5% VAT), and transfer charges of 2.5% to DIP and 4% to the land department.
About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.
Property Information
- TypeWarehouse
- PurposeFor Sale
- Reference no.Bayut - ASH PP 370
- CompletionReady
- Average Rent
- Added on27 November 2024
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Mortgage
This property is no longer available
R V R G Real Estate
Agent:Ashfaq Khan