HIGH RENTAL YIELD STRONG ROI | LABOR CAMP DIP

Selling Price: 38 million. (Key Money as per DIP: 190 AED Per SQFT total plot Area: 35,421.01 SQFT = 6,700,000 AED include).

Age: 7 years (well-maintained property)
• Structure: G+4 (Ground + 4 floors)
Total Rooms: 228 rooms (with two room types: small and big)
Accommodation Capacity: Up to 1,000+ individuals
Additionally, for your reference, please note the following:
1. With the development of Al Maktoum International Airport nearby, capital appreciation and demand in the DIP area-particularly for staff accommodation is expected to increase significantly.
2. Prior to the COVID-19 pandemic, the market value of this labour Camp exceeded AED 47 million.
3. Market estimates suggest the value of staff accommodation may reach up to AED 52 million in the near future.
4. Approximately 1 million blue-collar workers are expected to arrive in Dubai within the next year, creating a demand for nearly 1,000 new staff accommodation camps which are scarce at the moment.

Fixed ROI - Rental Yield - Attractive Income Potential confirmed lease agreement:
• Total Property Value: AED 38 million
• Annual Rental Income (Labor Camp): AED 3.5 million per year, with a 5% increase guaranteed every year, ensuring steady revenue growth
• Commercial Space Income: The 4,000 Saft extra commercial area can generate AED 800,000 annually, rented at AED 200 per Sqft as per market trend. This adds another lucrative revenue stream as the camp is commercialized.
Total Annual Income:
Residential Rent: AED 3.5 million
: Total Combined income co be
Total Combined Income can be achieved: AED 4.5 million per year

Company name: Banke International Properties LLC
RERA ORN: 12108
Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE
Primary email: enquiries@banke.ae
Website: [link not available]
Company Profile: A real estate firm specializing in investment sales and leasing of both commercial and residential properties. We also offer property management services across Dubai.

Property details

Property Type

Labor Camp

Property Size

35,421 sqft / 3,291 sqm