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Labor Camp for Sale in DIP with 16% yield

 AED 25,000,000
Location: UAE » Dubai  » Dubai Investment Park
Property Ref:
RT-S-3568
Posted:
March 15, 2016
Size
55950.00 sqft
Listed By
Agent
Furnished
Unknown
Description
Labor Camp for Sale in DIP with 16% yield

Roots Land real estate presents you this great offer for labor Camp In DIP

The building is 6 Years old fully leased labour camp is offered for sale.
This opportunity is an excellent income generating investment with potential annual yield of 16%.

G+2. Each Typical Floor Person capacity for Each Room 6 person by low and Total capacity of person 490.
Property type is leasehold(30 years) labour camp
G + 2 floor
Plot Size 33,839 sqft
Build up: 55,950 sqft
No. of rooms: 124(GF: 37, 1st floor: 44, 2nd floor 43) 490 persons(maximum density)
Annual Rental Incone: Aed 4,150,000(Net)
Land rent to DIP: Aed 282,960 (for 5 years starting 2016)

Spacious rooms for labor and staff

the camp is fully rented it is grate option for investment

Dubai Investments Park is a unique, self-contained mixed-use industrial, commercial and residential complex operated by Dubai Investments Park Development Company LLC. Spread across an area of 2300 hectares (with 1,700 hectares leased), it is a city within a city offering world-class infrastructure and outstanding facilities and services.

Prime location - between Sheikh Zayed and Emirates Roads.

A subsidiary of Dubai Investments (PJSC), DIP is divided into three distinct zones each setting the benchmark for high quality projects in a well planned, fully-integrated master community development.
Strategically located within minutes from International Airport in Jebel Ali, it is well connected to Dubais key business districts and can be accessed from both Sheikh Zayed Road, Sheikh Mohammed Bin Zayed Road and Emirates Road.
As a premier residential and business destination, DIP redefines the concept of living and work making it one-of-a-kind development in Dubai.


PROPERTY FEATURES:
-Central air conditioning
-Community View
-On low floor
-Bank/ATM Facility
-Mosque
-Public parking
-Public transport
-Restaurants
-Shops
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