Property Id: MAK PP 2041

Property Details:
Property Type: Industrial Land Warehouse with Washroom (Independent)
Ownership Type: Leasehold Property Renewal Every Year
Location: Al Qusais
Deal Type: Sale

Property Specifications:
Plot Area: 40,000 Sqft
Build-up Area: 30,000 Sqft

Financial Details:
Selling Price: AED 8,900,000/- (Net to Owner)
Current Land Lease: AED 163,200/- (Paid to DREC every year)
Net Income: AED 660,800/-
ROI (Return on Investment): 7.42%

Usage:
Commercial, Storage, and Industrial

Amenities:
Washroom
Description:

This leased 30,000 sqft warehouse in Al Qusais is now available for sale, presenting an excellent investment opportunity. With a leasehold ownership structure renewed annually, the property offers a net income of AED 660,800, resulting in a promising ROI of 7.42%.

The property encompasses a spacious 40,000 sqft plot with a build-up area of 30,000 sqft. It is suitable for various applications, including commercial, storage, and industrial activities.

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.