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Al Quoz
AED 18,000,000

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AED 18,000,000

35,000 Sqft Warehouse for Sale in Al Quoz Industrial Area
Al Quoz Al Quoz

Overview
Facts
Description
Amenities

RGEstate

Facts

Warehouse

ReferenceMAK PP 4380
Sale Price AED 18,000,000
Lease StatusLeased
Current Net ROI12% P.A
Permit No17531
Current Net Income AED 2,450,000 P.A.

Description

Property Details:

Type: Warehouse (Independent, Vacant)

Ownership: Leasehold Property (Renewal Every Year)

Location: Al Quoz Industrial Area

Deal Type: Sale

Financial Details:

Selling Price: AED 18,000,000 (Net to Owner)

Current Land Lease: AED 200,000 (Paid to DREC every year)

Expected Rental Income: AED 2,450,000 per year

Net Income: AED 2,250,000 per year

ROI: 12.5%

Transfer Charge: AED 100,000 to AED 200,000 approx

VAT: 5% of Selling Price

Agency Fees: 2% of Selling Price

Plot & Warehouse Specifications:

Plot Size: 50,300 Sqft

Total Built-up Size: 35,000 Sqft

Height: 6 M

Power: 450 kW

Number of Units: 4

Usage:

Industrial, Commercial, or Storage

???? Contact Us:

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