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Labor Camp Plot for Sale Jebel Ali Industrial Area

 AED 17,000,000
Location: UAE » Dubai  » Jebel Ali
Property Ref:
PS_S_3577
Posted:
May 5, 2015
Size
20000 sqft
Listed By
Agent
Description
Propsquare RE Commercial Team presents you Industrial properties that can cater your business requirement, in various parts of Dubai and in all industrial communities ! Contact Us today !

Labor Accommodation Plot for Sale in Jebel Ali Industrial Area (also known as freehold in labor camp category as to foreigners can own the lease directly without a company)

For Own Company Use or For the Best commercial Investment Opportunity !!

Plot Area : 20,000 sq.ft
Permission for G+ 4 Floors
Asking Price/ Sqft : AED 850/-

Total Price : AED 17,000,000/- for the Entire Lease Period

(No Yearly Rents to be paid)

Remaining Years of Lease : 44 years

The demand for Labor Accommodation and its components are on upscale in these times where there a huge influx of construction labors and sub businesses expected in the market who mostly occupy on blocks built on these type of Plots. In market these plots are dubbed as 'freehold labor camp plots' as to its long term lease structure. Generally these lands elsewhere comes in very short term leases with rent paid per year basis. This has a fixed payment for Entire lease period and there is no Yearly charges with no challenge of Rent review etc on the plot.

Very conveniently located from both Sheikh Zayed Road and MBZ Road the community is already haven for Labor Accomodation with several camps already operating. As most the construction force is required around this corridor it is wise to set up a building here.

These plots are also well favored investment vehicles as the ROI once developed can produce results around 15% from current formats

Call us for more information and how they can suit your business or investment !

Call Parvees on 971558228307 or email at parvees@propsquare.com for further details
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