Bayut - G-04C8CK

Well-Priced Commercial Space | 859 Sq. Ft. | 1 Parking

Map

AED94,490

Yearly

European Business Center, Dubai Investments Park 1, Dubai Investments Park (DIP), Dubai

1 Bath

859 sqft

Well-Priced Commercial Space | 859 Sq. Ft. | 1 Parking

Engel & Völkers are pleased to present this commercial space for rent, offering a practical business environment with essential services included in the service charges.

Property Details:

- Size: 850 sq. ft.
- Annual Rent: AED 94,490 (AED 110 per sq. ft. )
- Service Charges: AED 32 per sq. ft. (AED 27,488 annually)
- Parking: 1 allocated parking space
- AC, Cooking Facilities & DEWA: Included in service charges
- Minimum Lease Term: 3 years
- Payment Terms: 4 cheques annually
- Security Deposit: 10% of annual rent (refundable)
Lease Terms & Additional Charges:

- Rent Escalation: 5% in Year 2 and 5% in Year 3
- Sublease Fee: 5% of the total rent + VAT
- Agency Commission: 10% of the annual rent + 5% VAT on the commission
- NOC Fee: AED 525
- Ejari Fee: AED 180
- Service Charges Payment: One cheque upfront for each lease year
This property offers a practical leasing arrangement with essential utility costs included in the service charges, making it a suitable option for businesses seeking a well-serviced commercial space.

Contact Engel & Völkers today for further details or to arrange a viewing.