Warehouses - Lease

Warehouses - LEASE
Al Qusais Industrial 1st , Land no.235
Municipality no. 242-348
Land Use: Industerial / According to Alloction
Authorized : G + M
Total Land Area 40,000 sq. ft.
Property sold without equipment

Rented
Please see the attached report of rents

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.

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 01 FEB 2025 to 31 jane 2026
Rent Value 163,200 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.

Warehouses - Lease

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