17,000 sqft Commercial Warehouse For Sale in DIC

Description

Property Type: Plot with Warehouse and Office Property Details: Plot Size: 40,100 sqft Total Built-up Area (BUD): 17,000 sqft Height: 7 M Power: 200 kW Selling Price: AED 12 million (Net to owner) Land Lease: AED 4/- per sqft approx., paid to Dubai Industrial City every year VAT: As Applicable Transfer Charge: 4% of the total balance leased amount to the land department or 4% of the sale value Description: This property in Dubai Industrial City (DIC) features a plot size of 40,100 sqft with a total built-up area of 17,000 sqft. The warehouse and office space have a height of 7 meters and are supported by a 200 kW power supply. The selling price is AED 12 million (net to owner). Annual land lease is approximately AED 4 per sqft, paid to DIC. Additional costs include applicable VAT, and transfer charges of 2.5% to DIC and 4% of the total balance leased amount or sale value to the land department. Price and availability are subject to change — contact us to confirm and arrange a viewing.

Highlights

Investment Insight

Approx. AED 706/sqft on built-up area.