FULLY RENTED LABOR ACCOMMODATION BUILDING IN DIP FOR SALE AT AED 34.8 MILLION

FULLY RENTED LABOR ACCOMMODATION BUILDING IN DIP FOR SALE AT AED 34.8 MILLION
Reference Number :EPS-S-6229
Permit Number :1

FULLY RENTED LABOR ACCOMMODATION BUILDING IN DIP FOR SALE AT AED 34.8 MILLION (8.9% NET ROI)

EXECUTIVE SUMMARY

Opportunity
Investment into an income generating Staff Accommodation Real Estate opportunity, Located in Dubai, UAE

Property
Total leasable area 73,731 ft | Building Configuration: G + 4

Location
Dubai Investments Park (DIP) is the largest mixed-use industrial, commercial, and residential complex in the Middle East, spanning 2,300 hectares and offering world-class infrastructure and facilities.

DIP provides a variety of staff accommodations, from apartments to labor camps, conveniently located with access to public transport, essential services, and recreational amenities.

Title
Long-Term Leasehold

Lease Term
3 years with an option to extend for an additional 2 years

Net Rent
DIP Labor Camp 2 Year 1: AED 3.0M | Year 2: AED 3.1M | Year 3: AED 3.3M

Tenant
Long-Term

Asking Price
AED 34.8 Million

PROPERTY OVERVIEW

Leasable Area (in Sqft): 73,731
No. of Rooms: 243
Person Capacity: 1,446
Annual Rent/Room (In AED): 12,243.00
Occupancy - 100%
Net Rent (In AED): 2,975,000.00

Facilities:

Bus Parking, Kitchen with Storage, Dining Hall, Two Modern Lifts, First Aid Room, Laundry Room, Prayer Room, Labor Service Room, Storeroom.

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

FULLY RENTED LABOR ACCOMMODATION BUILDING IN DIP FOR SALE AT AED 34.8 MILLION
Elite Property Dubai

Belindi Mearini

0

BEDROOMS

73731

SIZE

AED 34800000

PRICE

Labor Camp

PROPERTY TYPE

Dubai Investment Park

COMMUNITY

FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
FAIRMONT RESIDENCES
Elite Property Dubai
Elite Property Dubai
AMENITIES
LOCATION
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Elite Property Dubai
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