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Building in Motor City, Dubai, UAE 2248.2 sq.m. № 532529
54
ID532529
6 480 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Property Overview:Location: Motor City, Dubai a prime, high-traffic location known for its vibrant community and excellent accessibility.
- Total Commercial Space: 13,000 sq ft original space, with an additional expansion space available, bringing the total leasable area approximately 24,200 sq ft.
- Annual Rental Value: AED 6,480,000 / AED 270 per sq ft.
- Expansion Details: The additional 11,200 sq ft is available free of charge, but construction and fit-out costs will be borne by the tenant. Negotiations between the tenant and landlord may include a grace period of free rent and reduced rental rates for the first year to offset these expenses.
- Key Selling Points: Prime visibility, accessibility, ample parking, and a well-established community with high footfall, making it ideal for high-end brands.
Incentive Structure for Expansion Space:
1. Grace Period: Negotiable grace period of up to 6 months free rent, allowing tenants to cover the initial construction and fit-out costs of the additional space.
2. Reduced First-Year Rent: Potential agreement on lower rent value during the first year, to offset the tenant s construction expenses, making the expansion financially attractive.
3. Tenant Contribution: The tenant is responsible for construction costs for the additional 11,200 sq ft, ensuring they have the flexibility to design the space according to their operational needs.
fäm Properties
Contact Us - +971-42483676
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Trakheesi Permit: 67139318176
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | 8 066.68 AED |
| Apartment (1 bedroom) Outside of Centre | 5 068.86 AED |
| Apartment (3 bedrooms) in City Centre | 14 483.71 AED |
| Apartment (3 bedrooms) Outside of Centre | 9 600.93 AED |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | 22 205.58 AED |
| Price per Square Meter to Buy Apartment Outside of Centre | 12 570.53 AED |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.23 |
| Cost of Living and Rent Index | 53.89 |
| Purchasing Power Index | 118.53 |
| Property Price to Income Ratio | 6.73 |
| Safety Index | 83.77 |
| Traffic CO₂ Index | 8073.26 |
| Traffic Inefficiency Index | 250.23 |
| Rent Index | 48.28 |
| Health Care Index | 69.74 |
| Groceries Index | 46.71 |
| Pollution Index | 48.82 |
| Traffic Commute Time Index | 36.35 |
| Restaurant Price Index | 65.67 |
| Climate Index | 50.27 |
| Cost of Living Index | 58.52 |
| Quality of Life Index | 170.65 |
| Traffic Index | 169.84 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | 40.00 AED |
| Meal for 2 People, Mid-range Restaurant, Three-course | 300.00 AED |
| McMeal at McDonalds (or Equivalent Combo Meal) | 35.00 AED |
| Domestic Beer (0.5 liter draught) | 45.00 AED |
| Imported Beer (0.33 liter bottle) | 50.00 AED |
| Coke/Pepsi (0.33 liter bottle) | 5.03 AED |
| Water (0.33 liter bottle) | 4.13 AED |
| Cappuccino (regular) | 22.51 AED |
| Markets | |
| Milk (regular), (1 liter) | 6.79 AED |
| Loaf of Fresh White Bread (500g) | 5.72 AED |
| Eggs (regular) (12) | 11.68 AED |
| Local Cheese (1kg) | 30.90 AED |
| Water (1.5 liter bottle) | 2.25 AED |
| Bottle of Wine (Mid-Range) | 55.00 AED |
| Domestic Beer (0.5 liter bottle) | 10.24 AED |
| Imported Beer (0.33 liter bottle) | 16.13 AED |
| Cigarettes 20 Pack (Marlboro) | 23.50 AED |
| Apples (1kg) | 8.91 AED |
| Chicken Fillets (1kg) | 31.36 AED |
| Oranges (1kg) | 7.01 AED |
| Potato (1kg) | 4.19 AED |
| Lettuce (1 head) | 5.91 AED |
| Rice (white), (1kg) | 9.36 AED |
| Tomato (1kg) | 5.72 AED |
| Banana (1kg) | 6.85 AED |
| Onion (1kg) | 5.57 AED |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 36.73 AED |
| Transportation | |
| One-way Ticket (Local Transport) | 6.00 AED |
| Monthly Pass (Regular Price) | 300.00 AED |
| Gasoline (1 liter) | 3.05 AED |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 121 500.00 AED |
| Taxi Start (Normal Tariff) | 12.00 AED |
| Taxi 1km (Normal Tariff) | 3.00 AED |
| Taxi 1hour Waiting (Normal Tariff) | 30.00 AED |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 83 390.81 AED |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 735.26 AED |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 369.20 AED |
| 202.07 AED | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | 12 913.11 AED |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.65 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | 313.54 AED |
| Tennis Court Rent (1 Hour on Weekend) | 161.90 AED |
| Cinema, International Release, 1 Seat | 50.00 AED |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 212.48 AED |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 199.69 AED |
| 1 Pair of Nike Running Shoes (Mid-Range) | 358.40 AED |
| 1 Pair of Men Leather Business Shoes | 352.08 AED |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2 853.57 AED |
| International Primary School, Yearly for 1 Child | 46 657.17 AED |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Price
- Price
- per m²
6 480 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Seller
Firas Al Msaddi
Chief Executive Officer
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