For Rent:
Dubai Mixed Use Land
Umm Ramool
Bayut - PR7684
AED420,000
Yearly
Umm Ramool, Dubai
41,123 sqft

Land for rent in Umm Ramool

Land for rent in Umm Ramool
 -      Suitable for garage
-       41,122.98 sq ft
-       16,000 sq ft land available
Location:
Umm Ramool

A- The First Party agreed to sublease the 16,000 Sq. ft land to the Second Party for commercial use only and a total lease period of 10 years.
Rental Payment Plan - { Yearly Rent + 5% VAT }
 
1st Year 420,000 AED (One Cheque)
2nd Year 420,000 AED (Two Cheques)
3rd Year 420,000 AED (Two Cheques)
4th Year 420,000 AED (Two Cheques)
5th Year 420,000 AED (Two Cheques)
6th Year 525,000 AED (Two Cheques)
7th Year 525,000 AED (Two Cheques)
8th Year 630,000 AED (Two Cheques)
9th Year 630,000 AED (Two Cheques)
10th Year 630,000 AED (Two Cheques)
B- The Second Party is liable to pay all the rental post-dated 19 cheques in advance to the First Party for the lease period of 10 years.
C- This contract will be terminated between both parties only in case of a bounced cheque from the Second Party.
 
D- The Second Party will construct the business premises at their own expense according to the guidelines and regulations of Dubai Municipality.
E- The Second Party is liable to pay utility bills including electricity, water, or any other fees.
F- The Second Party will be held responsible for payment of any incurred fines during the rental tenure.
G- The Second party can discard the 10-year contract but will not be refunded for the current year and post-dated cheques for the following years will only be returned by the First Party.
H- The Second Party will evacuate the premises at the end of the 10-year contract period without any harm to the building.
I- The First Party will refund the 5% security deposit to the Second Party at the time of evacuation.
7ei8ht6 (786) Properties LLC strictly deals with direct landlord and direct clients only. If you are an agent or a real estate broker, please do not contact.

RERA ORN: 12322

Website: www. 7ei8ht6properties. com

All our property consultants have a minimum of five year's experience in the UAE property market and develop relationships with their clients based on trust, credibility and incomparable customer service.

7ei8ht6 (786) Properties LLC consistently offers personal attention to its valued clients building trust through transparency in all of its dealing as a company. Having an excellent understanding of its client's needs, the company provides properties tailored-fit to match the client's specific requirements. We strive to be different to others in our market and go the extra mile when it comes to personal and professional customer service.

Our promise is to accompany our clients every step of the way, from the first inquiring phone call, to the moment they pick up their keys and in some cases beyond that too.

Contact us if you would like your own dedicated property consultant, continuous support throughout your property search and one point of contact during the entire term of your tenancy contract.

At 7ei8ht6 (786) Properties LLC we work with you, not for you.

Property Information

  • TypeMixed Use Land
  • PurposeFor Rent
  • Reference no.Bayut - PR7684
  • Added on23 April 2024

Features / Amenities

Waste Disposal

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

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