Magazijn in Umm Al Thuoob, 8000000 AED - 16407661

FACTORY FOR SALE AS AN INVESTMENT | 33,000 SQ. FT. | 570 KW | AED 900,000 ANNUAL INCOME
A strong investment opportunity to acquire an existing factory that is currently rented under an annual lease of AED 900,000, with rental cheques secured for 5 years. The property is therefore offered specifically as an investment opportunity rather than for owner-occupancy.
Property Details:
• Plot Area: 33,000 sq. ft.
• Building Area: 32,000 sq. ft.
• Electricity Capacity: 570 KW
• Ownership: 99-Year Usufruct for Expatriates
• Land leased from the Municipality for 20 years, renewable
• Factory sold with an existing rental contract
Investment Details:
• Current Annual Rental Income: AED 900,000
• Existing Lease: 5 Years
• Rental Cheques Secured for 5 Years
• Buyer acquires the property as an income-generating investment
Asking Price: AED 8,000,000
Approximate Gross ROI: 11.25% Annually
A ready-to-invest opportunity offering strong annual rental income from day one, a long-term lease, large plot and building areas, and 570 KW electricity capacity.
Ideal for investors looking for a fully income-generating factory rather than an owner-user property.
For serious investors, further details and viewing are available upon request.