115-Unit Freehold Residential Building For Sale in Dubai Industrial City — AED 75,000,000
Dubai Industrial City, Dubai·Developer: —
Description
A rare opportunity to acquire a freehold G+5 residential building in Dubai Industrial City (DIC), offered at AED 75,000,000 net to owner. With a plot footprint of 42,000 sq ft and a total sellable built-up area of 77,000 sq ft, the building comprises 115 rooms spread across five upper floors (23 rooms per floor), designed to accommodate up to 6 people per room — yielding a total occupancy capacity of 1,008 persons. The indicative price per built-up square foot stands at approximately AED 974.
The asset is ready and freehold, making it immediately operational for an incoming investor. An indicative ROI of 7% is stated by the owner; buyers should conduct their own due diligence to validate rental income and occupancy assumptions independently. VAT applies as per UAE regulations, and a transfer charge of 4% of the total balance leased amount (or 4% of the sale value) is payable to the Dubai Land Department at transfer. Prices and availability are subject to change — use the on-page enquiry form to confirm current status and arrange a viewing.
Dubai Industrial City is one of the UAE's most strategically positioned integrated industrial zones, purpose-built to support manufacturing, logistics, and large-scale workforce accommodation. Its proximity to major road networks and its established ecosystem of industrial tenants make bulk residential assets of this scale a structurally defensible investment in a market with persistent accommodation demand from the blue-collar and mid-skill workforce sectors. To understand how DIC compares to other Dubai industrial and commercial investment corridors, the Dubai commercial real estate and warehouse investment guide provides a detailed market-by-market breakdown.
Investors researching industrial-zone residential and warehousing opportunities across Dubai's southern belt may also find useful context in the Al Quoz industrial and commercial investment guide, which covers comparable infrastructure-anchored zones. For a broader view of bulk commercial listings currently available on the platform, browse the commercial property listings or explore the full live inventory to see what else is available across Dubai's industrial and residential sectors.
Location on the Map
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Investment Insight
Approx. AED 974/sqft on built-up area.
Frequently Asked Questions
›What type of property is this, and is it freehold?
This is a ready G+5 residential building in Dubai Industrial City (DIC), comprising 115 rooms across five floors. It is offered on a freehold basis, meaning the buyer acquires full ownership title.
›What is the asking price and how is it calculated per square foot?
The listed asking price is AED 75,000,000 net to owner. Based on the total sellable built-up area of 77,000 sq ft, this equates to approximately AED 974 per sq ft. Prices are subject to change — confirm the current figure via the on-page enquiry form.
›What are the transfer charges and does VAT apply?
A transfer charge of 4% (of either the total balance leased amount or the sale value) is payable to the Dubai Land Department upon transfer. VAT applies as per applicable UAE regulations at the time of transaction. Buyers should seek independent legal and tax advice to confirm the exact amounts applicable to their specific circumstances.
›What is the total occupancy capacity of the building?
The building has 115 rooms, with each room designed to accommodate up to 6 persons, giving a stated total capacity of 1,008 persons. This makes the asset particularly suited to large-scale workforce or staff accommodation use within Dubai Industrial City.
›What ROI does the owner indicate, and should I rely on it?
The owner has indicated an ROI of approximately 7%. This is the owner's own projection and is not verified market data. Prospective buyers should independently verify rental income, occupancy rates, and operating costs before making any investment decision. The on-site commercial real estate guide can provide useful market context.
›Why is Dubai Industrial City a relevant location for a large workforce accommodation building?
Dubai Industrial City is one of the UAE's largest purpose-built industrial zones, hosting a significant concentration of manufacturing, logistics, and service businesses. This creates sustained demand for nearby workforce accommodation, which is the primary use case for a 115-room, 1,008-person-capacity residential building of this type.
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