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287 LABUR CAMP ROOM + 15 OFFICES + 10 SHOPS FOR SALE IN AL QUZE 3 BRAND NEW COMMERCIAL & RESIDENTIAL COMPLEX FOR SALE IN AL QUOZ 3

 AED 110,000,000
Location: UAE » Dubai  » Al Quoz
Property Ref:
AK-S-6364
Posted:
July 16, 2016
Size
131000.00 sqft
Listed By
Agent
Bedrooms
Studio
Bathrooms
0
Furnished
Unknown
Description

287 LABUR CAMP ROOM + 15 OFFICES + 10 SHOPS FOR SALE IN AL QUZE 3

BRAND NEW COMMERCIAL & RESIDENTIAL COMPLEX FOR SALE IN AL QUOZ 3

This Complex consist of 2 blocks

1. Commercial Building (shops and offices)

2. Residential Building (Labour Accommodation)

The total built up area is 131,000 sq ft including service area

Plot size is 50,000 sq ft (Leasehold)

Expiry date of lease : 09-09-2039

No annual rent to be paid to the owner

No tax

Details of Shops and Offices:

SHOPS

On the Ground Floor there are 10 shops.

Sizes of Shops varies: 3.962 x 6.55 M = 26 sq ft x 10.764 = 280 sq ft each

1 shop = 252 sq ft

9 shops = 280 sq ft

There are common toilets on the ground floor.

3 toilets + 3 washbasins for Gents

1 toilet + 2 washbasins for Ladies

OFFICES

Sizes of Offices

There are 5 offices on each floor from 1st floor to 3rd floor. The

sizes are:

1. 766 sq ft

2. 511 sq ft

3. 503 sq ft

4. 627 sq ft

5. 552 sq ft

**Each offices have attached washroom and kitchen pantry.

There is also 1 passenger lift for Office block and one spare

space for lift for the future and 2 stair cases.

Details of Labour Accomodation

There are in total 287 rooms to accommodate 1,209 labours.

1 supervisors room Ground Floor

3 Supervisors rooms at each typical floor= total 9 rooms

*** in each supervisors room, there is attached

washroom

Number of rooms on each floor:

Ground floor 23 rooms (labour rooms only)/ 29 rooms (including

labour room, dining/kitchen, control, ablution, prayer room)

1st floor 88 rooms

2nd floor 88 rooms

3rd floor 88 rooms

Garbage rooms 2 nos.

Sizes:

1. 6.37 x 5.15

2. 4.57 x 5.15

The project was designed and supervised by renowned

Consultants of UAE- Bel-Yoahah Consultants.

**Please note that this complex was built as per recent DM rules

where 40 sq ft per labour is allocated instead of 35 sq ft as per

Total Expected rent (PA) Total Rent

Shops 10 * 100,000.00 = AED 1,000,000.00

Office 15 * 85,000.00 = AED 1,275,000.00

No of Labors 1209 * 9,000 = AED 10,881,000.00 / 287 ROOM / 12 MONTH = AED 3,160/- PER ROOM PER MONTH

TOTAL : AED 13,156,000.00

Asking Price 110,000,000.00

Return on Investment 11.96%

kindly contact me in order to arrange a viewing or a meeting

If incase I didnt answer your call, kindly send me WhatsApp message on 055-255-42-45 and I will get back to you ASAP

Also If you or your friends have any properties that you are looking to sell or rent out, we would be happy to assist you .So please do not hesitate in contacting us.

For any further inquiries please feel free to contact us.

Kind regards,

Abdol Nasser Mohammad

Managing Director

Call / WhatsApp : + 97155 2554245

AL KHAIL REAL ESTATE BROKER

P.O.BOX: 231401 Dubai UAE - RERA: ORN # 610 / BRN# 2205

Address : # 1601 C - City Tower 2 - sheikh zayed road - Dubai - UAE

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