AED 15,000,000

Own this from just

53,984 AED/month
40,995 sqft / 3,809 sqm
LABOR CAMP FOR SALE IN AL QUOZ INDUSTRIAL AREA 2, AL QUOZ INDUSTRIAL AREA

Labour Camp l Fully Rented I Prime Location

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 15,000,000 (AED 365.90 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.

Property details

Property Type

Labor Camp

Property Size

40,995 sqft / 3,809 sqm


Location

Map preview
Al Quoz Industrial Area 2
Residential Insights
Al Quoz
Community Insights
3/527 building reviews

Apartments and villas | Family-Friendly

Price Range:

480K-8.5M AED

Provided by

Sagara Kasun

5.0

Knight Frank - Commercial

See all properties (154)

Response time

within 5 minutes

Experience

13 years

Closed Deals

1

Languages

English, Hindi, Sinhalese

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Reference

S291962

Listed

2 months ago

Broker License

11964

Agent License

52291

Sagara Kasun

5.0

usually responds within 5 minutes

Own this property from just

53,984 AED /month

Fixed rates from: 3.75%

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