Prime Location Hotel/Residential use plot for sale in DIP Dubai multiple years lease @ AED 7.5 Million net to seller
Hotel/Residential use plot for sale in DIP Dubai multiple years lease @ AED 7.5 Million net to seller.
Plot size approx 72,000 Sq Feet+
GFA: 223,378 sq. Feet.
The selling price is AED 7.5 Million Net to the seller. (AED 33 Per Sq Feet on GFA)
Plot Use: Current use is for hotel but can be converted to Residential apartments at a minimum extra cost.
Plot Title: Lease to DIP Authority for multiple years renewable. (current plot rent is approximately AED 500,000/- Annually)
Agency fees 2% of the selling price.
for all the further information about the property contact: .
Plot size approx 72,000 Sq Feet+
GFA: 223,378 sq. Feet.
The selling price is AED 7.5 Million Net to the seller. (AED 33 Per Sq Feet on GFA)
Plot Use: Current use is for hotel but can be converted to Residential apartments at a minimum extra cost.
Plot Title: Lease to DIP Authority for multiple years renewable. (current plot rent is approximately AED 500,000/- Annually)
Agency fees 2% of the selling price.
for all the further information about the property contact: .
Property Information
- TypeMixed Use Land
- PurposeFor Sale
- Reference no.Bayut - DIP LAND Hotel/Residential
- CompletionOff-Plan
- Added on13 September 2024
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Sapphire Blue Real Estate
Agent:Sapphire Blue Real Estate Brokers