Two Warehouse Buildings | Good Circulation Area

Please quote reference number: KF 568

Knight Frank disposes of warehouse compound on behalf of an exclusive client. The property has been repossessed by a financial institution (our client) and is available for sale. Below are property particulars, but reach us for more details.

• Plot area extends to approximately 6,357.92 sq m (68,322 sq ft)
• Total built up area is approximately 3,557.00 sq m (38,287 sq ft)
• The property comprises two (2) warehouse buildings
• Each building consists of four light industrial units with mezzanine area and accessed via one roller door each
• Total of eight (8) roller doors
• Warehouse A is of approximately 1,424.00 sq m (15,328 sq ft)
• Warehouse B is of approximately 2,133.00 sq m (22,959 sq ft)
• Eaves height in the warehouses is approximately 7.5m
• Firefighting system (hose reel & 24/7)

Asking price: AED 7,650,000 (AED 200 per sq ft)

Dubai Investments Park (DIP) is a mix-use development that comprises residential, commercial and industrial use properties.
This area is situated towards the South of prominent residential areas such as Jumeirah Golf Estates, Victory Heights and in close vicinity to Al Furjan.
DIP offers good access to highways and a relatively short commuting time to residential areas targeted by the Client. The area also benefits from the connection to the metro link and other public transport.
DIP is relatively newer than Southern industrial areas (Al Quoz, Ras Al Khor, Umm Ramool) and generally benefits from a higher quality warehousing stock. In addition, due to its convenient location, lower sublease fees and diversified masterplan, DIP also holds a competitive edge against other newer onshore industrial areas (Jebel Ali Industrial, DIC).

Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.