40,000,000

Own this from just

143,957 AED/month

Property details

Listed

4 hours ago

Property Type

Warehouse

Bathrooms

3 Baths

Furnishing

Partly furnished

Area

83,992 ft²

Price per area

AED476/ft²

Available from

15 Sep 2026

Upgraded

Yes


WAREHOUSE FOR SALE IN FREEZONE SOUTH, JEBEL ALI FREEZONE

8.02% NIY | Grade A Logistics Investment

Location
The property is in Jebel Ali Free Zone South, approximately 6 km from Jebel Ali Port, with direct links to Dubai's principal highway network and Al Maktoum International Airport.

Description
A Grade A ambient logistics warehouse with ground and mezzanine offices, workers' facilities and a guard room. The specification includes 12 metre eaves, 10 automatic dock loading bays, 11 roller shutter doors, full overhead firefighting and a 900 kVA connected load.

Accommodation
Total BUA: 83,993 sq ft (7,803 sq m)
Plot: 129,933 sq ft (12,071 sq m), approximately 60% site coverage

Tenure
Leasehold, held under a head lease from JAFZA. The sale is subject to JAFZA's approval and to the assignment of the head lease to the purchaser. The current passing land rent will not transfer. JAFZA will set a new land rent on assignment, expected to be c. AED 700,000 per annum. This figure is subject to confirmation by JAFZA.

Tenancy
Single let. A new lease has been agreed in principle at AED 4,100,000 per annum (AED 48.81 per sq ft).

Proposal
Offers are invited at AED 40,000,000 (AED 476 per sq ft), subject to contract. Based on the expected land rent, this reflects a net initial yield of 8.02% after purchaser's costs of 6%.

Investment Highlights

Modern Grade A logistics stock in a supply constrained free zone
Single let income requiring minimal landlord management
8.02% net initial yield on expected net income of AED 3,400,000 per annum
High specification, with capacity for high bay racking and strong loading throughput

Asset Management Opportunities

Reversion towards a market rent of c. AED 53 per sq ft on review or renewal
Amend the trade licence classification to widen the occupier pool
Temperature control upgrade to target an undersupplied segment
Racking and rooftop solar to enhance rent and operational efficiency
Negotiate the head lease term with JAFZA as part of the assignment

Further Information
Heads of terms, as built drawings and

Amenities

Partly furnished

Networked

Covered Parking

Conference room

Lobby in Building


Location

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Freezone South

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Experience

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Languages

English

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Regulatory information
Regulatory information

Reference

AZWF71T3XWMQC401Q489MB7E34

Listed

4 hours ago

Broker License

46166

Agent License

82330

Agent Robert Simpson

Robert Simpson

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