Property Details:
Property Type: Industrial or Commercial Land (Independent)
Location: Al Quoz
Deal Type: Sale
Ownership Type: Leasehold Property Renewal Every Year

Plot Details:
Plot Size: 40,000 Sqft
Power: Connected

Financials:
Selling Price: AED 7,500,000/- (Net to Owner)
Land Lease: As Per The Current Market Pay to DREC Every Year
VAT: 5% of Selling Price if applicable Paid by Buyer
Transfer Charge: AED 50,000/- to AED 100,000/- Approx
Admin Fees: As Applicable
Security Deposit: As Applicable
Agency Fees: 2% of Selling Price

Usage:
Industrial, Commercial, or Storage

Amenities:
Pantry
Washroom

This industrial or commercial land in Al Quoz offers a prime opportunity for sale with a leasehold ownership type renewed every year. The plot spans 40,000 sqft and is equipped with connected power. The selling price is AED 7,500,000 net to the owner. Land lease payments are determined by the current market rates and paid to DREC every year. VAT, if applicable, is paid by the buyer. Transfer charges, admin fees, and security deposit are applicable as per regulations. Agency fees comprising 2% of the selling price apply. The land is suitable for industrial, commercial, or storage purposes, offering flexibility for potential buyers. Essential amenities such as a pantry and washroom are included, providing convenience for occupants. Don't miss out on this valuable opportunity to acquire a strategic piece of real estate in Al Quoz. For more information or to arrange a viewing, please contact us. Serious inquiries are appreciated.

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