95% RENTED MIXED USE COMMERCIAL & RETAIL BUILDING IN DUBAI PRODUCTION CITY

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 ft with Total leasable area - 215,561ft

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 logistic 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 (ft): 248,556
Leasable Area (ft): 215,561
Typical Unit Area (ft): 3,500
Coverage Area: 87%
Average Eaves Height (m): 11m
Year Built: 2019

Call Bee at +971 56 723 9970 for further details.

Company Name: E L I T E Property Brokerage
Address: Office 613, The Onyx Tower 1, The Greens(SZR), Dubai-UAE
Company Email: info@elitepropertydxb.com
Telephone Number: +971 4 770 1087
RERA ORN: 25831