24,400 sqft warehouse for sale in DIC

Dubai Industrial City, Dubai

63 801

Posted on 12 August (3 months ago)

ID 73405

About the property

Property Type: Warehouse and Office Property Details: Plot Size: 63,800 sqft Total Built-up Area: 24,400 sqft Height: 8 M Power: 350 kW Selling Price: AED 10 million (Net to owner) Current Land Lease: AED 3.2/- per sqft approx. , paid to Dubai Industrial City every year VAT: As Applicable Transfer Charge: 2.5% of the selling price to DIC 4% of the total balance leased amount to the land department Description: This warehouse and office property in Dubai Industrial City (DIC) features a large plot size of 63,800 sqft with a total built-up area of 24,400 sqft. The warehouse offers a height of 8 meters and is supported by a substantial power supply of 350 kW. The selling price is AED 10 million (net to owner). The current land lease is approximately AED 3.2 per sqft, paid annually to DIC. Additional costs include applicable VAT, and transfer charges of 2.5% to DIC and 4% of the total balance leased amount to the land department. About RVRG Real Estate: RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.

Dubai

Dubai Industrial City, Dubai

Location & Nearby