Labor Accommodation with 696 Approved Capcity in Dubai Investment Park 2
A Fantastic Investment Opportunity in Dubai Investment Park 2 This versatile and strategically located labor accommodation is an ideal investment for:
# Investors targeting high rental yields
# Companies seeking to lower costs by owning their staff housing
Property Overview:
·
Approved Capacity: 696 Labours
Plot Size: 35,284.10 sqft.
Built-Up Area (BUA): 48,391.80 sqft.
Room Configuration:
o 116 rooms in total (110 labor rooms and 6 supervisor rooms)
·
Amenities:
o 60 toilets, 60 shower areas
o 3 dining areas
o 3 kitchens
o Parking for 8 buses inside the plot
Strategic Location:
Conveniently situated in Dubai Investment Park 2 with easy access to major highways.
Investment Potential & Current Market Position:
# Offers growth potential in rental yields. While current rents are below peak levels, the property has previously achieved net rents of AED 6 million during market highs.
# Significant potential for capitalizing on this investment, particularly with the recent construction launches and committed projects in Dubai over the next 10 years.
Reason for Sale: The owners are retiring from the construction industry and are looking to sell this property.
Selling Price:AED 15,000,000 Net to the Owner
Contact for Details and Viewing:
Mr. Saibas Jose:
Office:
This property offers more than just a real estate investment; it's a chance to be part of Dubai's dynamic growth story. Contact us to learn more or to arrange a viewing.
Dubai Investment Park 2 (DIP2) stands as a thriving community strategically positioned in Dubai, celebrated for its industrial and commercial significance. With convenient access to major highways, DIP2 emerges as an ideal location for businesses and strategic investments. Immerse yourself in the seamless synergy of growth and innovation within the dynamic landscape of DIP2, where every aspect is meticulously designed to catalyze success and elevate your business endeavors.
# Investors targeting high rental yields
# Companies seeking to lower costs by owning their staff housing
Property Overview:
·
Approved Capacity: 696 Labours
Plot Size: 35,284.10 sqft.
Built-Up Area (BUA): 48,391.80 sqft.
Room Configuration:
o 116 rooms in total (110 labor rooms and 6 supervisor rooms)
·
Amenities:
o 60 toilets, 60 shower areas
o 3 dining areas
o 3 kitchens
o Parking for 8 buses inside the plot
Strategic Location:
Conveniently situated in Dubai Investment Park 2 with easy access to major highways.
Investment Potential & Current Market Position:
# Offers growth potential in rental yields. While current rents are below peak levels, the property has previously achieved net rents of AED 6 million during market highs.
# Significant potential for capitalizing on this investment, particularly with the recent construction launches and committed projects in Dubai over the next 10 years.
Reason for Sale: The owners are retiring from the construction industry and are looking to sell this property.
Selling Price:AED 15,000,000 Net to the Owner
Contact for Details and Viewing:
Mr. Saibas Jose:
Office:
This property offers more than just a real estate investment; it's a chance to be part of Dubai's dynamic growth story. Contact us to learn more or to arrange a viewing.
Dubai Investment Park 2 (DIP2) stands as a thriving community strategically positioned in Dubai, celebrated for its industrial and commercial significance. With convenient access to major highways, DIP2 emerges as an ideal location for businesses and strategic investments. Immerse yourself in the seamless synergy of growth and innovation within the dynamic landscape of DIP2, where every aspect is meticulously designed to catalyze success and elevate your business endeavors.
Property Information
- TypeLabour Camp
- PurposeFor Rent
- Reference no.Bayut - SJ/DIP/SALE/01
- Added on29 February 2024
Features / Amenities
Shared Kitchen
Waste Disposal
Maintenance Staff
Cleaning Services
+ 3 more amenities
Trends
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Seamless Property Management
Agent:Saibas Jose