Property Id : MAK PP 1533

Explore an exceptional investment opportunity with this strategically located 22,000 sq.ft. warehouse, inclusive of office space, in the vibrant Al Qusais district. As an independent leasehold property with annual renewal, this space is crafted for businesses seeking a secure and versatile environment.

Property Details:
Location: Al Qusais
Property Type: Warehouse with Office (Independent, Rented, Multiple Tenants)
Ownership Type: Leasehold Property, Renewable Every Year
Plot Size: 30,000 sqft
Warehouse Size: 22,000 sqft
Number of Units: 5 Nos
Height: 7 meters
Power: 100 kW
Selling Price: AED 7,000,000 (Net to Owner)
Land Lease: As per Current Market Price, Payable to DREC Every Year
Admin Fees: As Applicable
Security Deposit: As Applicable
VAT: As Applicable
Transfer Charge: AED 30,000/- to AED 50,000/- Approx.
Agency Fees: 2% of Selling Price + 5% VAT

Investment Highlights:
Explore a prime investment opportunity with this warehouse and office space in Al Qusais. This independent property, featuring multiple rented units, offers a versatile space for businesses seeking a strategic and secure environment.

Financials:
Attractive selling price of AED 7,000,000, ensuring a competitive return on investment.
Land lease payable to DREC every year, with transparent financial terms including admin fees, security deposit, VAT, transfer charge, and agency fees.

Warehouse Features:
Spacious warehouse with a size of 22,000 sqft, accommodating 5 rented units.
Ideal height of 7 meters for various industrial and commercial activities.
Power supply of 100 kW for efficient operations.

Transaction Details:
Transparent financial terms, including land lease, admin fees, security deposit, VAT, transfer charge, and agency fees with VAT.
Transfer charge of AED 30,000 to AED 50,000 approx., paid by the buyer.

Strategic Location:
Located in Al Qusais, this property offers strategic visibility and accessibility for businesses.

Contact us today to seize this investment opportunity and secure a prime warehouse with office space in Al Qusais. Don't miss out on this chance to add a valuable asset to your portfolio.

RGESTATE.COM a flagship venture by Riveria Global Group, stands as a trusted and dynamic player in the real estate domain. Committed to excellence, we specialize in connecting individuals and businesses with their ideal properties in Dubai and beyond. Our team of experienced professionals is dedicated to providing personalized and comprehensive real estate solutions, catering to diverse needs and preferences. With a focus on transparency, integrity, and client satisfaction, RGESTATE.COM continues to be a reliable partner for those navigating the vibrant and ever-evolving real estate landscape. Whether buying, selling, or leasing, we strive to make every property journey seamless and rewarding for our valued clients.