Land Use: Industrial / Commercial Shops / Workers’ Accommodation
Authorized: Ground Floor
Total Area : 66,616.59 sq. ft.
The property is being sold without any movable assets
Freehold
Property details are as follows :
Building 1: Ground Floor + First Floor
Ground Floor: Shops
First Floor: 19 apartments
Each apartment consists of : 2 bedrooms + kitchen.
Building 2 : Two Floors
Ground Floor: 32 rooms + 2 kitchens
First Floor: 32 rooms + 2 kitchens
Building 3: Two Floors
Ground Floor: 32 rooms + 2 kitchens
First Floor: 32 rooms + 2 kitchens
Building 4: Two Floors
Ground Floor: 32 rooms + 2 kitchens
First Floor: 32 rooms + 2 kitchens
Rented
Please refer to the rental report.
In respect of claims relating to the 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, the Settlement Committee, to evict the occupants of the property and recover the rental value, and the buyer must notify the tenant, through the Notary Public, that he is the new owner of the property, and that Emirates Auctions and/or Ajman Courts bear no responsibility.
The successful bidder must provide us with the value of the amounts due on the property from government departments, if any, within ten days from the date of transfer of ownership, and the bidder has no right to claim any rights related to this from Emirates Auctions. Additional fees will be charged upon delivery of the property.
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

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