Sale in Al Muhaisnah 2: LAND - LEASEHOLD

Land no.673 - LEASEHOLD
Muhaisnah Second
Municipality no. 264-5030
Land Use: ( 7 ) SHOPS
Authorized : G + Mezzanine
Total Land Area 2,059 sq. ft.

Note 1:
The Selling on this land only Lease
from Dubai Real Estate Corporation
With a lease contract that is renewed
annually and extends the lease period
Current from 03 Oct 2024 to 02 OCT 2025
Rent Value 12,354 AED / per Year

Note 2:
A lease contract on the plot will be signed
with Dubai Real Estate Corporation with a
new rental allowance to be determined according
to the rental allowances approved by them

Note 3:
This property is subject to the jurisdiction of
the Dubai Probate Court and is not governed by
the provisions of Article (296) of Federal Decree-Law
No. 42 of 2022 on Civil Procedures, regarding the
reduction of the property's base price. The most
recent court decisions shall apply concerning the
acceptance or rejection of offers submitted by bidders

Your participation in the auction is an
acknowledgment of the property legal
and physical conditions

For more details or to participate in the auction
please call us at 600545454
available 24 hours.

Regulatory information

Regulatory information