Back·Dubai Investment Park (DIP)·Prime Location Hotel/Residential use plot for sale in DIP Dubai multiple years lease @ AED 7.5 Million net to seller

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Prime Location Hotel/Residential use plot for sale in DIP Dubai multiple years lease @ AED 7.5 Million net to seller

Dubai Investment Park (DIP), Dubai

72 001

Posted on 11 September (2 months ago)

ID 95874

About the property

Hotel/Residential use plot for sale in DIP Dubai multiple years lease @ AED 7.5 Million net to seller. Plot size approx 72,000 Sq Feet+ GFA: 223,378 sq. Feet. The selling price is AED 7.5 Million Net to the seller. (AED 33 Per Sq Feet on GFA) Plot Use: Current use is for hotel but can be converted to Residential apartments at a minimum extra cost. Plot Title: Lease to DIP Authority for multiple years renewable. (current plot rent is approximately AED 500,000/- Annually) Agency fees 2% of the selling price. for all further information about the property contact :[redacted phone number]. Pictures are for illustrative purposes.

Dubai

Dubai Investment Park (DIP), Dubai

Location & Nearby