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Investor Deal Brand New Labour Camp available for Sale 32 M

 AED 32,000,000
Location: UAE » Dubai  » Dubai Investment Park
Property Ref:
US-S-2862
Posted:
January 14, 2016
Size
50000.00 sqft
Listed By
Agent
Furnished
Unknown
Description

Best Investor Deal!!!

Labour camp available for Sale
Location - D.I.P
Phase 2
Independent Camp.

Building: G+2.

Permission for G+4.

Plot Size: 33,000 sq. ft.

Built up Area: 50,000 sq. ft.

Currently Total Built up Rooms: 100

Room Capacity: 4 - 6 Persons.
Kitchen, dining, Laundry, Mosque on the ground floor.
Parking: 11 bus parking slots available

Building: Brand New, Completion Certificate Awaited.

D.I.P Lease Period: 30 year.

Remaining Lease Period:22 years

At Present Vacant, ready to be occupied.

Selling Price AED: 32 million

Transfer fee upon DIP.

Land Rent AED: 102/- per sq. mt.( first year free)

DIP Annual Rent: AED312,000.00
(Owner asking for AED 4,000 per month rent).

Expected Annual Rent: 4.2 million( assuming AED 3,500 as base price, which is low than the prices going in the market)

ROI : 13.1% per annum Approx

Investment Returns within 7 years.

Affection plan & Drawings can be arranged upon Request.


Call Kuldeep Singh on +971 505642808 / 04 457 9900 or visit ushre.com for further details

Company name: Union Square House Real Estate Brokers.
Address: 4008, X2 Tower, Jumeirah Lake Tower, Dubai, U.A.E.
Office phone no: +971 4 457 9900
Office fax no: +971 4 551 9781
Website: http://www.ushre.com.

Company Profile: We are a premiere estate brokerage and advisory service firm connecting Dubai real estate to buyers and renters locally and globally.
PROPERTY FEATURES:
-On low floor
-Bank/ATM Facility
-Bus services
-Laundry Service
-Mosque
-Public park
-Public parking
-Public transport
-Recreational Facilities
-Restaurants
-Shopping mall
-Shops
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