Built Land - lease
WAREHOUSES FOR STORAGE
Al Goze Industrial Third
land no 379 , Mun No.368-693
Land use : Industrial according to Allocation
Authorized : Ground + mezzanine
A total of 29 warehouses are available.
Plot Area 226,898 sq. ft.
The property is sold without movables or equipment

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 1 April 2025 to 31 May 2026

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:
Conditions for Transferring the Lease Contract to a New Tenant:
Adherence to the designated purpose of the land plot (warehouse).
An industrial license compatible with the land plot’s designated use.
Signing a lease contract with a rental rate of AED 6 per square foot.
Payment of a transfer fee in the amount of AED 200,000.

Rented
Please see the attached report of the Rent details received from RERA

In respect of claims relating refund Of the rent or vacancy of the property The New Owner (the winner of the auction) Must file a case with the competent authority Settlement Committee, to evict the occupants of the property and recover the rental value. and the buyer must notify the tenant by the Notary Public that he is the new owner of the property. and that Emirates Auction and/or Dubai Courts bear no responsibility.

Recent decisions of the Dubai Courts apply in terms of accepting or rejecting offers of the 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

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