Labour Camp l Fully Rented I Prime Location

Property Type:

Labor Camp

Property Size:

40,995 sqft / 3,809 sqm

17,000,000 AED

Own this from just

62,092 AED/month

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Location

Al Quoz Industrial Area 2

Dubai, Al Quoz, Al Quoz Industrial Area

Agent

Sagara Kasun

Knight Frank - Commercial

(199 Properties)

Residential Insights

Al Quoz Industrial Area 2

Price Range:21.5K - 5M AED/year

Community Insights

Al Quoz

2.8/523 building reviews

Family-Friendly | Apartments and villas

Price Range:16K - 17M AED/year

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Description

Knight Frank is delighted to present this fully rented labour camp located in Al Quoz Industrial Area 2 with easy access to Al Marabea Street and Al Asayel Street and Al Khail Road.

• Independent labour camp (DREC leasehold property)
• Total plot area is approximately 7,364,70 sqm (79,273 sqft)
• Built Up Area is approximately 3,808,56 sqm (40,995 sqft)
• 153 rooms in total within 8 blocks

140 Rooms –4 persons / room
11 Rooms –3 persons / room
1 Room –First Aid
1 Room -kitchen

• Can accommodate up to 600 people approximately
• Fully fenced plot, interlocked yard area, Single gate entry
• Current income is approximately AED 2,100,000 per annum
• Current DREC land lease –AED 475,638 per annum (AED 6 per sqft)
• Asking price: AED 17,000,000 (AED 566.68 per sqft)

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.