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Global Properties

20026m² Building in Dubai, UAE No. 98363

$ 28 863 150
$ 1 441 per m²
20026 Living space, m²
Dubai, UAE
Elite Properties Brokerage
Elite Properties Brokerage
Contact seller
Parameters
Living space, m²
20026
ID
98363
Type
Building
Property 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
Statistics Dubai
$ 7 240
Price per m²
176
Quality of Life Index
61
Cost of living Index
Parameters
[:second_city:]
Dubai
Difference
Monthly Rent Cost
1-Room Apartment
$ 2 273
2-Room Apartment
$ 1 426
Apartment Purchase Price per m²
In the City Center
$ 7 240
Outside the City Center
$ 4 033
Crime Index
16
Cost of Living and Rent Index
57
Purchasing Power Index
135
Property Price to Income Ratio
7
Safety Index
84
Traffic CO₂ Index
8052
Traffic Inefficiency Index
249
Rent Index
52
Health Care Index
70
Groceries Index
47
Pollution Index
49
Traffic Commute Time Index
36
Restaurant Price Index
69
Climate Index
50
Cost of Living Index
61
Quality of Life Index
176
Traffic Index
169
Restaurants
Meal, Inexpensive Restaurant
$ 12.80
Meal for 2 People, Mid-range Restaurant, Three-course
$ 81.69
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.53
Domestic Beer (0.5 liter draught)
$ 13.61
Imported Beer (0.33 liter bottle)
$ 13.61
Coke/Pepsi (0.33 liter bottle)
$ 1.76
Water (0.33 liter bottle)
$ 0.84
Cappuccino (regular)
$ 5.89
Markets
Milk (regular), (1 liter)
$ 1.85
Loaf of Fresh White Bread (500g)
$ 1.34
Eggs (regular) (12)
$ 3.65
Local Cheese (1kg)
$ 12.60
Water (1.5 liter bottle)
$ 0.63
Bottle of Wine (Mid-Range)
$ 19.06
Domestic Beer (0.5 liter bottle)
$ 2.51
Imported Beer (0.33 liter bottle)
$ 3.25
Cigarettes 20 Pack (Marlboro)
$ 6.26
Apples (1kg)
$ 2.51
Chicken Fillets (1kg)
$ 7.95
Oranges (1kg)
$ 1.81
Potato (1kg)
$ 1.04
Lettuce (1 head)
$ 1.37
Rice (white), (1kg)
$ 2.41
Tomato (1kg)
$ 1.36
Banana (1kg)
$ 1.83
Onion (1kg)
$ 0.98
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.35
Transportation
One-way Ticket (Local Transport)
$ 1.63
Monthly Pass (Regular Price)
$ 95.30
Gasoline (1 liter)
$ 0.78
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 32 675
Taxi Start (Normal Tariff)
$ 3.27
Taxi 1km (Normal Tariff)
$ 0.68
Taxi 1hour Waiting (Normal Tariff)
$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 629
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 238
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 94.99
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 57.46
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 3 847
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 74.88
Tennis Court Rent (1 Hour on Weekend)
$ 48.62
Cinema, International Release, 1 Seat
$ 14.98
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 77.03
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 64.13
1 Pair of Nike Running Shoes (Mid-Range)
$ 108
1 Pair of Men Leather Business Shoes
$ 109
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 804
International Primary School, Yearly for 1 Child
$ 16 389
Elite Properties Brokerage
Elite Properties Brokerage
Contact seller
Elite Properties Brokerage
Elite Properties Brokerage
Contact seller

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