140 Rooms Labor camp For Sale in DIC

140 Rooms Labor camp For Sale in DIC

Property ID: ASH PP 3484
Location: DIC
Property Type: Labor Camp G+3
Plot Size: 60,000 sqft
Built-up Area: 107,000 sqft
Number of Rooms: 140
Total Capacity: Accommodates 850 people
Selling Price: AED 28 million (Net to Owner)
Land Lease: As per DIC regulations
Agency Fees: 2% of Selling Price + 5% VAT
VAT: Applicable as per regulations
Transfer Charges: 2.5% Selling Price to DIC, 4% of total balance leased amount to Land Department or 4% Sale Value

Area Highlights:

Dubai Investment Park (DIC): Strategically located, DIC offers a thriving business environment with modern infrastructure and amenities.
Connectivity: DIC provides easy access to major highways, ensuring seamless transportation across Dubai.
Business Opportunities: DIC is home to a diverse range of industries, making it an ideal location for labor accommodation investment.
Amenities: The area boasts a range of facilities including retail centers, restaurants, and recreational spaces, ensuring a comfortable living environment for residents.
Regulatory Compliance: The property adheres to all DIC regulations, ensuring a smooth investment process.

Invest Now in DIC! Contact us today to seize this lucrative investment opportunity in DIC's bustling real estate market.
RGEstate - Your Trusted Real Estate Partner

Property Information

TypeLabour Camp
PurposeFor Sale
Reference no.Bayut - ASH PP 3484
CompletionReady
Average Rent
Added on23 May 2024

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