LAND FOR SALE IN RAS AL KHOR
We are pleased to bring this income-producing mixed-use asset to market, please see investment highlights below.
-Mixed-use residential with ground-floor retail asset
-Located in Ras Al Khor, Dubai
-Gross Leasable Area extending to 19,707 sq. ft
-Composition: G + 1 + R
-Freehold
-100% Occupied
-Short lease terms, opportunity to increase rental values renewal
-Income for the retail element is underpinned by a government entity
-Current net yield of 8.4% on passing income
-DLD Permit No.: 6510020392
The asset is located in Ras Al Khor, a well populated predominantly industrial submarket that benefits from strategic connectivity to DXB Airport and Downtown Dubai via the E44 Ras Al Khor Rd and D62 And Al Hamar Rd. Residential properties in the locality service the demand from the large local labor force.
Please contact our commercial investment agency department at +971 54 586 2915 for further information.
Freehold | 100% Occupied | Net ROI 8.4%
Property Type:
Land
Property Size:
16,446 sqft / 1,528 sqm
Location
Ras Al Khor
Dubai
Agent
Jamie Prickett
Savills Dubai
(145 Properties)
Description
-Mixed-use residential with ground-floor retail asset
-Located in Ras Al Khor, Dubai
-Gross Leasable Area extending to 19,707 sq. ft
-Composition: G + 1 + R
-Freehold
-100% Occupied
-Short lease terms, opportunity to increase rental values renewal
-Income for the retail element is underpinned by a government entity
-Current net yield of 8.4% on passing income
-DLD Permit No.: 6510020392
The asset is located in Ras Al Khor, a well populated predominantly industrial submarket that benefits from strategic connectivity to DXB Airport and Downtown Dubai via the E44 Ras Al Khor Rd and D62 And Al Hamar Rd. Residential properties in the locality service the demand from the large local labor force.
Please contact our commercial investment agency department at +971 54 586 2915 for further information.
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
54,787 AED
with interest rate of
3.89%
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Reference:
CL-S-4777
Listed:
4 months ago
Broker ORN:
422
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Own this from just
54,787 AED/monthJamie Prickett usually responds within 15 minutes
Own this property from just
54,787 AED /month
Fixed rates from: 3.89%
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