Property Id:MAK PP 2181

Location:Al Quoz
Property type:Rented Warehouse With Office (independent)
Owner Ship Type:Leasehold Property Renewal Every year

Plot Size:20,000 sqft
Built-up Size:13,000 Sqft
Power:100 KW
No Of Unit:3 Nos

Selling price:Aed 6,000,000/- (Net To Owner
Rental Income: Aed 450,000 per year
Net income: Aed 370,000 per year
ROI: 6.16%

Vat:as applicable
Land Lease:as Per the Current Market Pay to DREC every year
Transfer Charge:Aed 50,000 To Aed 100,000 Approx pay Buyer
Admin Fees:5% of Annual Land Lease Amount pay Buyer
Security Deposit:10& of Annual Land Lease Amount pay Buyer
Agency fees:2% of Selling Price Pay Buyer

Al Quoz is a locality in Dubai; it is situated on the Western part of the town. In North it is encircled by Al Wasl and to the West by Umm Al Shelf, Al Manara and Al Safa. Al Quoz typically comprises of residential units in the northeast and few industrial location are built in the southwest zone of the region. Collectively parted into four sub communities.

The area is suitably situated nearby to some prevalent places such as Al Safa and Business Bay.
Al Quoz industrial area is also made up of four sub communities and they are:
Al Quoz First Industrial Area
Al Quoz Second Industrial Area
Al Quoz Third Industrial Area
Al Quoz Fourth Industrial Area

Company name: R V R G REAL ESTATE BROKERAGE
RERA ORN: 27661
Address: 1005, ASPECT Tower, Business Bay Dubai, UAE
Office phone no: +971552792403
Office fax no:
Primary email: sales@rgestate.com
Website: www.rgestate.com
Company Profile: Riveria Global is a real estate company dealing in commercial and residential properties in Dubai. We have been helping property owners, developers, buyers and investors to choose the right propertyacross UAE. If you are a property developer or a landlord, we help you in selling your property to big ticket investors without any hassles. We help property buyers as well as individual or corporate investors in finding the best property with a good return. If you are an individual or a company searching for a property on lease, we offer you various options and ensure that you get the best deal in the market. We provide an array of protracted real estate services which comprises renting and selling commercial and residential properties such as retail space, villas, warehouses, etc. We help companies as well as individuals in leasing, selling, re-selling properties. Our expert and dedicated property consultants offer you comprehensive analysis of properties, guide you through on each step of buying process.
PROPERTY FEATURES:
-Bank/ATM Facility
-Metro station
-Mosque
-Public parking
-Public transport
-Restaurants
-School
-Shopping mall
-Shops