Bayut - 10582

Map

AED33,000,000

Est. Payment AED 118.8K/mo

Dubai Investments Park 2, Dubai Investments Park (DIP), Dubai

83,959 sqft

LEASE- Warehouses

Light Industrial Units no. 2 - Lease
DIP 2 , Plot No. 111, Mun No. 597-4899
Land Use: Middle Industerial
Authorized : Ground + Mezzanine
Total Area 83,958.50 sq. ft.
The property is sold without equipment
The property Contains of 10 Warehouse and is currently sold only Lease under Lease Contract Expires on 31 Jan 2098.
The annual rental value for DIP is calculated based on the land area, as stated in DIP’s response. Please see the attached clarification.
Rented
Please see the attached report of the Rent details received from RERA
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. and the buyer must notify the tenant by the Notary Public that he is the new owner of the property. and that Emirates Auction and/or Dubai Courts bear no responsibility.
The buyer bears the Property Developer’s fees from the date Of registering the Title Deed in his name
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
for more details or to participate in auction please call us at available 24 hours

Property Information

Direct from Owner