Property Details:
Property Type: Retail Shops with Labour Rooms (Independent)
Location: Al Quoz
Deal Type: Sale
Ownership Type: Leasehold Property Renewal Every Year
Key Points:

Property Size:
Plot Size: 10,000 Sqft
Built-up Size: 16,000 Sqft Approx

Labour Camp Details:
Number of Rooms: 35
Room Capacity: 4 People Each
Total Capacity: 140 People
Number of Kitchen: 1
Number of Dining: 1

Financials:
Selling Price: AED 5,000,000/- (Net to Owner)
Current Lease: AED 50,000
Transfer Charge: AED 30,000/- to AED 50,000/Approx
Agency Fees: 2% of Selling Price, paid by buyer
Usage:
Residential

Amenities:
Toilets: 14 Nos
Bathrooms: 14 Nos
Hand Wash Stations: 16 Nos

This property in Al Quoz offers a unique opportunity featuring retail shops along with a labour camp. The property sits on a 10,000 sqft plot with a built-up area of approximately 16,000 sqft. The labour camp comprises 35 rooms with a total capacity of 140 people, each room accommodating 4 individuals. Additionally, there is one kitchen and one dining area available for the occupants' use. The selling price is AED 5,000,000/-, with the current lease generating AED 50,000 annually. Transfer charges range from AED 30,000 to AED 50,000 approximately. Agency fees, equivalent to 2% of the selling price, are to be paid by the buyer. This property is designated for residential use and is equipped with essential amenities, including toilets, bathrooms, and hand wash stations. It presents a lucrative investment opportunity in a sought-after location. For more information or to arrange a viewing, please contact us. Serious inquiries are appreciated.

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