100,000 sqft Plot 60,000 sqft Warehouse for Sale in DIC

Jebel Ali Industrial Area Jebel Ali Industrial Area

"100,000 sqft Plot 60,000 sqft Warehouse for Sale in DIC

• Property ID: ASH PP 2880
• Location: DIC
• Property Type: Warehouse with Office (Brand New, Fully Rented)
• Plot Size: 100,000 sqft
• Built-up Area: 60,000 sqft
• Number of Units: 18
• Height: 8 meters
• Power: 370 kW
• Land Lease: AED 349,702/- approx. AED 3.2 per sqft (Paid to Dubai Industrial City every year)
• Selling Price: AED 28 million (Net to Owner)
• ROI: 7%
• VAT: As Applicable
• Transfer Charge (DIC): 2.5% of Selling Price to DIC
• Transfer Charge (Land Department): 4%

Discription:
This brand new warehouse with office spaces in DIC is fully rented, offering a built-up area of 60,000 sqft across a 100,000 sqft plot. It includes 18 units with a height of 8 meters and a power capacity of 370 kW. The annual land lease of approximately AED 349,702 to Dubai Industrial City ensures stable operational costs. Located in DIC, known for its industrial infrastructure and logistical advantages, this property presents a robust investment opportunity with a 7% ROI. The selling price of AED 28 million makes it an attractive investment in Dubai's industrial real estate market.
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