Leased Property | GCC Freehold | Close to SZR

Property Type:

Warehouse

Property Size:

132,898 sqft / 12,347 sqm

92,000,000 AED

Own this from just

336,028 AED/month

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Location

Al Quoz Industrial Area 3

Dubai, Al Quoz, Al Quoz Industrial Area

Agent

Maxim Talmatchi

Knight Frank - Commercial

(199 Properties)

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

Please Quote Reference Number: KF 650

• Freehold property
• Plot area extending to approximately 16,722.54 sq m (179,999 sq ft)
• Total BUA is approximately 12,346.64 sq m (132,898 sq ft)
• Building No 1 extending to approx. 5,355.06 sq m (57,641 sq ft) – dry storage
• Building No 2 extending to approx. 3,737.16 sq m (40,266 sq ft) – cold storage
• Building No 3 extending to approx. 1,893.21 sq m (20,378 sq ft) – cold storage
• Building No 4 extending to approx. 412.48 sq m (4,439 sq ft) – dry storage
• Building No 5 extending to approx. 945.26 sq m (10,174 sq ft) – offices G+1
• Eaves Height – ranging between 4m to 7m
• Rent received for part of the property is approx. AED 2,834,320 + VAT
• Most leases expire in April 2024
• Evicting notices served in April 2023 on the basis of property sale
• Electrical load – TBC

Asking sale price – AED 92,000,000 (AED 692.26 per sq ft) exclusive of VAT

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.