Land for sale in Al Quoz, Dubai

Sale Price: AED15,200,000

Al Quoz, Dubai

Land
-- Bed(s)
-- Bath(s)
Available

 
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Street Address

Al Quoz, Dubai

Property description

Description:

About Warehouse:
- Huge warehouse with structure & open land
- Leased for 30 yrs (renewable)
- Yearly rental price for AED 3.40 per sq.ft (Tax included )
- Transferable lease
- Asking Price : AED 15,200,000/- ( for Lease)
- Approval only for warehouse
- Yearly Rent = AED 302,991/- needed to be paid separately.

The warehouse is situated in the heart of Dubai that is al qouz with easy access from sheikh zayed road and al khail road near to home center warehouse.

Financial Overview:

Plot Size: 82,260 sq.ft
Wastage = 10,000 sq.ft
Usage = 72,260 sq.ft

if you rent a warehouse in this location and same size at al qouz the rental price will be :
Aed 55 per sq.ft x 72,260 sq.ft = AED 3,974,300 per year

Actual Price:
Leased Price AED 15,200,000 / 30 yrs = AED 463,333 per year

Total investment will be recovered in 2.5 years.

For Further Details Contact : Mr Mohammed (+971529456666)

Property Features :

  • Size: 82260.00 SqFt
  • Zoned For: Commercial
  • Freehold: No
  • Price / SqFt: 184 AED
  • Listed By: Agent
  • Property Reference: ADR-S-MHN-WHAQ-001