Building in Dubai, UAE 20026 sq.m. № 623527

245
Building in Dubai, UAE 20026 sq.m. № 623527
ID623527 106 000 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
623527

Property description

95% RENTED MIXED USE COMMERCIAL & RETAIL BUILDING IN DUBAI PRODUCTION CITY FOR SALE AT AED 106 MILLION (8.5% NET ROI).

EXECUTIVE SUMMARY

Opportunity
• Investment into an income generating Urban Mixed-Use Real Estate opportunity, Located in Dubai, UAE

Property
• Total land area: 248,556 ft²
• Total leasable area: 215,561 ft²

Location
• The mixed-use asset is strategically located in Dubai Production City (DPC).

Dubai Production City (DPC) is ideally located on a main highway parallel to Sheikh Mohammed bin Zayed Road and within proximity to an extensive highway network, Jebel Ali Sea Port, Al Maktoum International Airport, and the impending Union Rail linking the logistics corridor to the entire Arabian Peninsula.

The asset is in proximity to the remainder of the city, making it an ideal location for Urban Logistics, Retail, and Offices.

Title
• Long-Term Renewable Leasehold

Lease Term
• 3–5 Years for each unit

Expected Gross Rent
• AED 12 Million

Expected Net Rent
• AED 9 Million

Tenant Profile
• Long-Term

Asking Price
• AED 106 Million

ASSET OVERVIEW

• No. of Units: 61
• No. of Car Parks: 160
• Plot Area: 248,556 ft²
• Leasable Area: 215,561 ft²
• Typical Unit Area: 3,500 ft²
• Coverage Area: 87%
• Average Eaves Height: 11m
• Year Built: 2019
Contact the seller
Contact me via
CityDubai
TypeBuilding
Living space20026 m²
  • sq. ft
Price
  • Price
  • per m²
106 000 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
Seller
Elite Properties Brokerage
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