72 Room Labour Accommodation for Sale in Al Muhaisnah – Sonapur

Description

✅ Property Overview • Property Type: Labour Accommodation (Independent – Rented Multiple Tenants) • Ownership Type: Leasehold Property (Renewable Every Year) • Location: Al Muhaisnah (Sonapur) • Deal Type: Sale ✅ Financial Details • Selling Price: AED 16,000,000 (Net to Owner) • Land Lease: As per current market rate (Payable to DREC annually) • VAT: As Applicable • Transfer Charges: Approx. AED 100,000 – AED 200,000 • ✅ Property Specifications • Plot Size: 10,000 Sq.Ft. • Built-up Area: 18,000 Sq.Ft. (Approx.) • Number of Rooms: 72 Rooms • Room Capacity: 4 & 5 Persons (Mixed) • Total Capacity: 310 People • Status: Fully Rented (Income Generating Asset) ✅ Usage • Labour Accommodation ✅ Investment Highlights • Fully Rented with Multiple Tenants • Stable & Consistent Rental Income • Prime Location in High Demand Area • Ideal for Investors Seeking Long-Term Returns • Strategic Location in Sonapur Labour Accommodation Hub For more information or to schedule a viewing, please reach out to our team. ✅ About Us: Price and availability are subject to change — contact us to confirm and arrange a viewing.

Highlights

Investment Insight

Approx. AED 889/sqft on built-up area.