Big Plot With a long lease in Phase 2, Dubai Investment Park

Mountain Gate Realty is offering you a Big Plot with a long lease in Phase 2 in Dubai Investment Park

Plot area : 10,004.64 sq. mt (107,689 sq. ft)
Lease commencement date: Feb 2011
Rent Free period: 1 Year
Lease period: 30 years + renewable for one more term of 30 years

1) Lease Rate: Year 1 to 10: Dhs. 30/ square meters per year (excluding Service Charge
Year 11 to 20: Dhs. 40/ square meters per year (excluding Service Charges)
Year 21 to 30: Dhs. 50/ square meter per year (excluding Service Charges)

After 30 years: Rent will be subject to an increase of up to 250% of the 30th year’s rent
2) Payment Terms: 50% of one full year’s rent upon signing of the Lease Agreement.

About Dubai Investment Park:
Dubai Investments Park is a unique, self-contained mixed-use industrial, commercial, and residential zone operated by Dubai Investments Park Development Company LLC. Spread across an area of 2300 hectares (with 1,700 hectares leased), it is a city within a city offering world-class infrastructure and outstanding facilities and services.

Property Information

TypeResidential Plot
PurposeFor Sale
Reference no.Bayut - MG-S-4028
CompletionReady
Average Rent
Added on2 August 2022

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