Leased Property I Main Road Facing

Knight Frank is delighted to bring you:

• Strategically located with direct access to Nad Al Hammar – Main road

• Plot area extending to approximately 4,598.51 sq m (49,498 sq ft)

• Total built up area is approximately 3,353.98 sq m (36,102 sq ft)

• The property consists sixteen (16) units

• Eaves height is approximately 5.5 m raising up to 6.7 meters

Amenities:

• Firefighting hoses available

• Translucent sky panels

• Common area toilets

• Fully interlocked yard area

• 24/7 in-house security

• Title: Leasehold, 1 year rolling from DREC

• This property is leased to various tenants on yearly rolling basis

• Annual expenses including land lease, AMC, management, utilities are approx. AED 490,700

Received rent – AED 975,000 per annum

Sale price: AED 8,000,000 (AED 221.59 per sq ft)

Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.

Property Information

TypeWarehouse
PurposeFor Sale
Reference no.Bayut - S132401
CompletionReady
Average Rent
Added on6 January 2023

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