Property description

LABOUR CAMP FOR SALE IN Al QOUZ-04

Location: Near New Grand City Mall

The camp comprises of 3 Blocks: (A, B & C)

Height: G+3

Age of labor Camp: 2 years old

Total No. of Rooms: 212

Plot Size: 36207 sq.ft

Status: Rented

Present payment terms with tenants: Yearly contract rent by 4 cheques.

All Rooms are fitted with Split A/C system.

Central Gas System installed in the Labor Accommodation

Ground Floor: Kitchen, Dining Hall, Recreation Room, store room, office, isolation room, medical Room, Laundry & Toilets and Bathrooms.

Nos of Toilets: 145

Nos of Bathrooms: 145

Nos of Wash Basins: 145

1st, 2nd & 3 Floors: Living Rooms

A Block

FIRST FLOOR: 25 Rooms

19 Rooms Size: 5.49 Mtr. X 3.63 Mtr.,

2 Rooms: Size: 5.49 x 3.63 + 2.43 x 1.71,

2 Rooms: 4.07 x 5.62

1 Room : 5.08 x 3.63

1 Room: 5.08 x 7.56

SECOND FLOOR: 25 ROOMS

Room sizes: same as 1st floor

THIRD FLOOR: 23 ROOMS

Room sizes: Same as 1st floor except 2 Rooms: 4.07 x 5.62

Yearly Payable Rent to Dubai Real Estate: AED 130,000/-

Gross Rental Return: 8 Million

Net Rental Return: 6 Million

Renewable Every Year with Wasl Properties

Selling Price: 42 Million