Knight Frank is delighted to present this fully rented labour camp located in Al Quoz Industrial Area 2 with easy access to Al Marabea Street and Al Asayel Street and Al Khail Road.
• Independent labour camp (DREC leasehold property)
• Total plot area is approximately 7,364,70 sqm (79,273 sqft)
• Built Up Area is approximately 3,808,56 sqm (40,995 sqft)
• 153 rooms in total within 8 blocks
140 Rooms –4 persons / room
11 Rooms –3 persons / room
1 Room –First Aid
1 Room -kitchen
• Can accommodate up to 600 people approximately
• Fully fenced plot, interlocked yard area, Single gate entry
• Current income is approximately AED 2,100,000 per annum
• Current DREC land lease –AED 475,638 per annum (AED 6 per sqft)
• Asking price: AED 15,000,000 (AED 365.90 per sqft)
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.
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Dubai
Al Quoz Industrial Area 2, Al Quoz Industrial Area, Al Quoz, Dubai
Posted on 25 October (a month ago)
ID 84845
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