Ajman Industrial 2, Ajman Industrial Area

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Labor Camps for sale in Ajman Industrial 2

Sabele Buraik

BLACKSTONE GULF REAL ESTATE BROKER L.L.C

Blackstone Gulf Real Estate proudly presents a fully leased labour accommodation property for sale at AED 20,000,000, strategically located in Al Sajaa Industrial Area, Sharjah. This established, income-generating investment offers immediate annual rental income of AED 1.7 million, with potential for increased returns under direct management.

PROPERTY HIGHLIGHTS
Sale Price : AED 20,000,000
Location: Al Sajaa Industrial Area, Sharjah
Plot Area: 41,441 sq ft 
Built-Up Area (BUA): Approx. 20,899 sq ft
Configuration: 5 single-storey accommodation blocks
Total Rooms: 104, following upgrades to the original configuration
Occupancy: Fully leased
Indicative Accommodation Capacity: Up to 416 persons (4 per room), subject to authority approval
Annual Rental Income: AED 1,700,000
Operating Expenses: Fully borne by the existing tenant

Tenancy: Current contract reflects the 104-room configuration

FACILITIES & INFRASTRUCTURE

The property features communal kitchens, dining areas, laundry facilities, shared toilets and showers, together with electrical and pump rooms, water supply, drainage and fire-safety infrastructure.

INVESTMENT POTENTIAL

The existing tenancy arrangement provides an annual rental income of AED 1.7 million, with operating expenses currently borne by the tenant.

Alternatively, direct management may offer the potential to increase room rental rates to approximately AED 2,900 per room per month, representing a projected annual gross rental income of approximately AED 3.62 million at full occupancy, before operating expenses.

Commercial Terms:
Asking Selling price AED 20000000
Agency Commission: 2% of the selling price + 5% VAT

Please note:
 Images used for listing purposes are for illustration only to maintain discretion. Private viewings can be arranged upon request

Company Profile
We are so much more than a full-service real estate firm. We're a group of talented people with a passion for finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible. Blackstone Gulf— Defined by Structure, Driven by Intent.

Labor Camps for sale in Ajman Industrial 2

Labour Camp for Sale | 104 Rooms | Fully Leased

Sabele Buraik

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Labor-camps Available for sale in Ajman Industrial 2