For Sale:
Dubai Labour Camps
Dubai Investment Park (DIP)
Dubai Investment Park 1
Bayut - 8104
13
AED35,000,000
Dubai Investment Park 1, Dubai Investment Park (DIP), Dubai
108,312 sqft

Lease - Labor camp

Labor Accommodation Building - Lease
Land no. 180, Municipality
Land Use: Labor Accommodation
Authorized :G + 4 Floors
FAR : 1.5
GFA : 162,331.88 sq ft
Plot Area 108,311.88 sq ft
Property sold unfurnished

Ownership is only Lease on the Land
from Dubai Investment Park
with a lease starting date From :
01 June 2003 TO 01 June 2033

The viewing is not available
Please see the attached report of rents

In respect of claims relating refund
Of the rent or vacancy of the property
The New Owner (the winner of the auction)
Must file a case with the competent authority
Settlement Committee, to evict the occupants
of the property and recover the rental value.
and the buyer must notify the tenant
by the Notary Public that he is the new owner
of the property. and that Emirates Auction and/or Dubai Courts bear no responsibility.

The buyer bears the Property
developer’s fees from the date
of registering the Title Deed in his name

Recent decisions of the Dubai Courts
apply in terms of accepting or rejecting
offers of the bidders

Your participation in the auction is an
acknowledgment of the property legal
and physical conditions

For more details or to participate in the auction please call us
at available 24 hours.

Property Information

  • TypeLabour Camp
  • PurposeFor Sale
  • Reference no.Bayut - 8104
  • CompletionReady
  • Average Rent
  • Added on13 June 2024

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