Prime Warehouse Investment Opportunity 27000 sqft
Property Type:
Warehouse
Property Size:
27,000 sqft / 2,508 sqm
Bathrooms:
1
Available from:
23 Jan 2024
Location
Al Quoz Industrial Area 4
Dubai, Al Quoz, Al Quoz Industrial Area
Agent
Shihabudeen Oruvil
Sea Gate Properties
(143 Properties)Description
Property Details:
Location: Al Quoz 4
Land Area: 27,000 square feet
Build-up Area: 12,500 square feet (approximately)
Allowable Build-up: Up to 80% of the land
Tenant Information:
Tenants are ready to move in by the first week of February 2024.
Rental Information:
Market rent price in Al Quoz: 55 AED per sqft
Potential annual rent income: 12,500 sqft * 55 AED/sqft = 687,500 AED
Expenses and Net Profit:
Annual rent income: 687,500 AED
Annual expenses (assuming Al Wasl at 135,000 AED): 135,000 AED
Net Profit: 687,500 AED - 135,000 AED = 552,500 AED
Return on Investment (ROI):
ROI: Net Profit / Selling Price * 100
ROI = (552,500 AED / 7,500,000 AED) * 100 ≈ 8.5%
selling price AED 6.5 Million
For inquiries and additional details, kindly reach out to Mr. Shihab at +971502975777.
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
27,394 AED
with interest rate of
3.89%
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Reference:
Fahad -wh 6.5
Listed:
3 months ago
Broker ORN:
28003
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Own this from just
27,394 AED/monthShihabudeen Oruvil usually responds within 2 hours
Own this property from just
27,394 AED /month
Fixed rates from: 3.89%
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