Property details

Description

Sale of 1 share in a Building Naif، Plot no.635 Municipality no.118-1002 Land Use :Commercial ,Offices Authorized :Ground + Mezzanine +4 Floors Currently Built: G + 2 Floors + Roof The Furniture is not included in the sale Only For GCC Note 1 : Shares Sales Area 875.54 sq. ft. ( From Total Area of 1,751 sq. ft. ).The price of 8,000,492 AED Listed in the auction is just for the share part. Note 2 : Note 3: The property has one Title Deed, shared with the other owners for the same Property. Note 4: The property is being offered based on a decision from the Inheritance Court. It is not subject to the rules of reducing the base price of the property in the subsequent auction, as applied in the Enforcement Court under the provisions of Article 296 of the Civil Procedure Decree-Law. Rented Rented till 15 May 2029 with Rent Value 1,320,690 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. 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.

Location

Naif, Deira, Dubai

The pin is approximate and reflects the property's area.