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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
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
QAE - Real Estate