For Sale:
Dubai Labour Camps
Al Quoz
Al Quoz Industrial Area
Al Quoz Industrial Area 2
Al Khail Gate
Bayut - BI-S-20-8484
LABOR CAMP | AL QUOZ | VACANT | PRIME
17
AED42,000,000
Al Khail Gate, Al Quoz Industrial Area 2, Al Quoz Industrial Area, Al Quoz, Dubai
132,000 sqft

LABOR CAMP | AL QUOZ | VACANT | PRIME

Banke International Properties presents staff accommodations in Al Quoz Dubai. A well-maintained staff accommodation offers a convenient and comfortable living space for employees.

Property Overview:
- Plot Area: 50,059 sq. ft.
- Built-Up Area: 132,000+ sq. ft.
- Building Age: 9 years

Lease Details:
- Original Lease Term: Until September 9, 2039
- Status: Fully paid and renewable

Property Features:
- Building 1:
- 28 offices
- 5 retail shops

Building 2:
- 154 large rooms (labor camp)

Financials:
Total Rent: AED 5.3M to AED 5.5M annually
Asking Price: AED 42M (Net, Distress Sale)
Return on Investment (ROI): 11-12% net

For further details or to schedule a viewing, please contact us.

Experience convenience and quality in staff housing with our Al Quoz property.

Company name: Banke International Properties LLC
RERA ORN: 12108
Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE
Office phone no:
Primary email:
Website: www. banke. ae
Company Profile: A real estate firm specializing in investment sales and leasing of both commercial and residential properties. We also offer property management services across Dubai.

Property Information

  • TypeLabour Camp
  • PurposeFor Sale
  • Reference no.Bayut - BI-S-20-8484
  • CompletionReady
  • FurnishingUnfurnished
  • Average Rent
  • Added on20 August 2024

Features / Amenities

Broadband Internet
Intercom

Trends

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Location
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