Warehouse - Lease

Warehouse - LEASE
DIP 2 , Land No. 80
Municipality No. 597-245
Land use: Light Industrial
Authorized : Ground + mezzanine
FAR : 1.4
Total GFA: 99,654.94 sq. ft.
Plot Area : 71,182 sq. ft.
The property is sold without equipment or movable

Viewing is not Available
Rented till 28 Sep 2026 with Rent Value 667,143.72 AED / per Year

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 property is currently sold only for Lease under usufruct certificate will expired on 26 May 2036.

Note 2:
The bidding requirements Terms is that the buyer must be a citizen holding the nationality of the UAE Or a company with a branch in the UAE.

The buyer bears the Property Developer’s fees from the date of registering the Title Deed in his name.

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.

Warehouse - Lease

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