vacant Labor camp in muhaisnah 2nd WITH 16% ROI
AL BURRAQ REAL ESTATE OFFERS YOU
53 Rooms independent Labour Camp for sale in Al Muhaisnah 2nd. . . . . .
Property Type: Labour Camp independent (leasehold property with annual land lease)
Deal Type: sale
current status: Vacant ready to move in
Location: Al Muhaisnah (sonapur)
plot size: 28,000 sqft
Expected Rent Each room is a minimum of AED 2000 per month so the annual rent would be AED 1.272 AED
Annual lease to Government AED 134,400
selling price: AED 6,800,000 /- so net rent if you make 1.100M still its 16% ROI NET
build up size: 28,000 sq, ft only Ground floor is built up but permission is for G+4.
Capacity : 6 people /per room.
Total Rooms: 53
Amenities:
-Large Store Room
- Toilet:28
- Wash Basin:28.
- Bathroom:28
-dining:1
- Kitchen:1
OVERVIEW OF AL MUHAISNAH
Al Muhaisnah is a locality in Dubai, United Arab Emirates (UAE). Situated in eastern Dubai in Deira, Muhaisnah comprises four sub-communities:
* Madinat Al Muhaisnah (or Muhaisnah 1).
* Al Muhaisnah 2
* Al Muhaisnah 3
* Al Muhaisnah 4
Madinat Al Muhaisnah and Muhaisnah 2 are bounded to the west by route E 311 (Emirates Road) and to the east by route D 56, while Al Muhaisnah 3 and Al Muhaisnah 4 are bounded to the west by route D 60 (Al Rashidiya Road) and to the west by E 311. Al Muhaisnah is bordered by Al Qusais, Al Twar, Al Mizhar, and Mirdif. With over 90,000 residents, Al Muhaisnah is the greatest inhabited community in Dubai.
Muhaisnah 2, 3, and 4 now house numerous combined labor housings and labor camps for the mostly South Asian laborers that service the industrial areas of Al Qusais, as well as construction workforces.
AL BURRAQ REAL ESTATE is a Company located in Metropolis Business Bay; we are Specialized in Property Management, Real Estate Brokerage, and Property investments.
ORN: 12314,
BRN: 28713.
Landlords: List your property with us, and give us one week to lease it. Buyers: We are here to find your requested property within 48 hours. Investors: Our specialized team in Dubai areas will get you the best investment deals; we provide also financial mortgage services.
Also If You or Any of Your Friend Have any Other Requirements for Commercial or Residential Apartments/Villas for Rent or Sale in Dubai, Business Bay, Downtown, Old Town, JLT, Dubai Marina, Sports City, JVC, or Anywhere in Dubai.
53 Rooms independent Labour Camp for sale in Al Muhaisnah 2nd. . . . . .
Property Type: Labour Camp independent (leasehold property with annual land lease)
Deal Type: sale
current status: Vacant ready to move in
Location: Al Muhaisnah (sonapur)
plot size: 28,000 sqft
Expected Rent Each room is a minimum of AED 2000 per month so the annual rent would be AED 1.272 AED
Annual lease to Government AED 134,400
selling price: AED 6,800,000 /- so net rent if you make 1.100M still its 16% ROI NET
build up size: 28,000 sq, ft only Ground floor is built up but permission is for G+4.
Capacity : 6 people /per room.
Total Rooms: 53
Amenities:
-Large Store Room
- Toilet:28
- Wash Basin:28.
- Bathroom:28
-dining:1
- Kitchen:1
OVERVIEW OF AL MUHAISNAH
Al Muhaisnah is a locality in Dubai, United Arab Emirates (UAE). Situated in eastern Dubai in Deira, Muhaisnah comprises four sub-communities:
* Madinat Al Muhaisnah (or Muhaisnah 1).
* Al Muhaisnah 2
* Al Muhaisnah 3
* Al Muhaisnah 4
Madinat Al Muhaisnah and Muhaisnah 2 are bounded to the west by route E 311 (Emirates Road) and to the east by route D 56, while Al Muhaisnah 3 and Al Muhaisnah 4 are bounded to the west by route D 60 (Al Rashidiya Road) and to the west by E 311. Al Muhaisnah is bordered by Al Qusais, Al Twar, Al Mizhar, and Mirdif. With over 90,000 residents, Al Muhaisnah is the greatest inhabited community in Dubai.
Muhaisnah 2, 3, and 4 now house numerous combined labor housings and labor camps for the mostly South Asian laborers that service the industrial areas of Al Qusais, as well as construction workforces.
AL BURRAQ REAL ESTATE is a Company located in Metropolis Business Bay; we are Specialized in Property Management, Real Estate Brokerage, and Property investments.
ORN: 12314,
BRN: 28713.
Landlords: List your property with us, and give us one week to lease it. Buyers: We are here to find your requested property within 48 hours. Investors: Our specialized team in Dubai areas will get you the best investment deals; we provide also financial mortgage services.
Also If You or Any of Your Friend Have any Other Requirements for Commercial or Residential Apartments/Villas for Rent or Sale in Dubai, Business Bay, Downtown, Old Town, JLT, Dubai Marina, Sports City, JVC, or Anywhere in Dubai.
Property Information
- TypeLabour Camp
- PurposeFor Sale
- Reference no.Bayut - 236-Lc-S-3020
- CompletionReady
- Average Rent
- Added on27 December 2020
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Talat Ejaz
No reviews
Write a reviewAl Burraq Real EstateView all properties