Fully Occupied staff accommodation (All studios) for Sale

  • AED 22,000,000
Dubai Investment Park, 70 Street, Dubai Investments Park, Dubai, 212880, United Arab Emirates

Overview

Property ID: GHL2
  • Labour Camps
  • Property Type
  • 40
  • sqft

Description

For more options please click on below link

http://merlyns.co/

G+2, 151 Studio in 2 Blocks

Fully Occupied with ready income available for sale at DIP

All rooms with attached washroom and common kitchen at Ground Floor

Total number of rooms & camp amenities                             :  151

Total number of capacity                                                           :   A Block – 310 Pax and B Block –  225

Land lease period                                                                         : 35 Years

Land lease amount                                                                      : AED 221,323.20/-(Yearly)

Pot area                                                                                         :  40516.11 sqft

Built up area                                                                                 : A Block –  29226.84 sqft  – B Block – 21937.89sqft

Expected sale price                                                                      : AED 25 Million.

Current Gross Rent                                                                      : AED 3.2 Million(Yearly)

Current Net Rent                                                                         : AED 1.6 Million(Yearly).

Agency Fee                                                                                    : 2% of the sale value

Address

  • Address Dubai Investment Park, 70 Street, Dubai Investments Park, Dubai, 212880, United Arab Emirates
  • Country United Arab Emirates
  • City Dubai
  • Area DIP Phase 1
  • Zip/Postal Code 212880

Details

  • Property ID GHL2
  • Price AED 22,000,000
  • Property Size 40 sqft
  • Property Status For Sale
  • Property Type Labour Camps

Amenities

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Jeneview Mathew (Merlyn)

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Jeneview Mathew (Merlyn)
Call +971 50 539 6984

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Jeneview Mathew (Merlyn)
  • Jeneview Mathew (Merlyn)