Property details

Description

Located in a prime industrial hub, the property is designed for white-collar professionals, ensuring high occupancy, steady rental demand, and reliable returns. Property Details: • Dubai Industrial City • G+7 Floors + Roof Gym • BUA: 116,820 sq. ft. • Sellable Area: 99,306 sq. ft. • 112 Units (56 Studios, 56 1-Bedroom) • 112 Parking Spaces • Freehold • Fully Tenanted • Completed Q4 2020 Financials: • Gross Income: AED 4,208,413 • Net Income: AED 3,758,413 • ROI: 6.83% • Asking Price: AED 57,000,000 Operating Expenses: Waste Collection: AED 30,000 Wastewater Collection: AED 276,000 AC & MEP Maintenance: AED 57,500 Lift Maintenance: AED 19,500 Security: AED 61,000 Key Features: • Fully leased investment • Immediate income stream • Prime location • Strong ROI potential Important Notice: For business-related transactions, a Non-Disclosure Agreement (NDA) must be signed before the release of detailed information. This ensures Dubai Industrial City, developed by TECOM, is a key logistics and manufacturing hub with strong infrastructure, direct access to Emirates Road (E611), and proximity to Al Maktoum International Airport, driving continuous demand for staff accommodation. We are so much more than a full-service real estate firm.