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 the further information about the property contact our agent [redacted phone number].