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Dubai, UAE / Dubai

£21,624,000
Elite Property Brokerage LLC, Dubai
PROPERTY TYPE

Apartment

SIZE

215,561 sq ft

20,026 sq m

Description

95% RENTED MIXED USE COMMERCIAL & RETAIL BUILDING IN DUBAI PRODUCTION CITY FOR SALE AT AED 106 MILLION (8.5% NET ROI).

EXECUTIVE SUMMARY

Opportunity
• Investment into an income generating Urban Mixed-Use Real Estate opportunity, Located in Dubai, UAE

Property
• Total land area: 248,556 ft²
• Total leasable area: 215,561 ft²

Location
• The mixed-use asset is strategically located in Dubai Production City (DPC).

Dubai Production City (DPC) is ideally located on a main highway parallel to Sheikh Mohammed bin Zayed Road and within proximity to an extensive highway network, Jebel Ali Sea Port, Al Maktoum International Airport, and the impending Union Rail linking the logistics corridor to the entire Arabian Peninsula.

The asset is in proximity to the remainder of the city, making it an ideal location for Urban Logistics, Retail, and Offices.

Title
• Long-Term Renewable Leasehold

Lease Term
• 3–5 Years for each unit

Expected Gross Rent
• AED 12 Million

Expected Net Rent
• AED 9 Million

Tenant Profile
• Long-Term

Asking Price
• AED 106 Million

ASSET OVERVIEW

• No. of Units: 61
• No. of Car Parks: 160
• Plot Area: 248,556 ft²
• Leasable Area: 215,561 ft²
• Typical Unit Area: 3,500 ft²
• Coverage Area: 87%
• Average Eaves Height: 11m
• Year Built: 2019


Call Bee at for further details.

Dubai, UAE / Dubai

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Dubai(International)
    18.2 miles

About Elite Property Brokerage LLC, Dubai

Awarded Best Boutique Agency in Dubai 2022 🏆

Official Platinum Alliance by EMAAR Partner 💎

Crypto Payments 🪙

📍Dubai | Abu Dhabi | UK

Notes

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This is a property advertisement provided and maintained by Elite Property Brokerage LLC, Dubai (reference EPS-S-2001) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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