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Property Highlights: - Plot Size: 621,720 sq. ft - Current Built-Up Area (BUA): 26,252 sq. ft - Sale Price: AED50,000,000 Approved Warehouse to be built: - 4 Newly Built Warehouses - Each approx. 90,000 sq. ft - 12m ceiling height - Indoor cranes (10-ton capacity) - Offices and staff/labour facilities - Lift installed - Total approved drawings to build additional BUA: 207,347.21sq ft - Potential to build up to 300,000 sq. ft - 60% of the plot buildable Utilities & Zoning: - Power: 1,000 kW (expandable to 3,000 kW) Approved for: - Industrial - Logistics - Building materials - Food storage/processing (relaxed regulations) Land Lease Details: - Lease term: 49 years (11 years utilized) - Valid until 2060 - Annual land lease fee: AED 2.3 million - Current rent income annually: AED 1.4 million/year (lease ends Jan 2029) - All the transfer fees on the buyer - Agency fee 2% plus vat - Conveyancing Fee AED7,500