LABOR CAMP | AL QUOZ | VACANT | PRIME

42000000 AED
Area 12263 m2
Building: Al Khail Gate
Description

Banke International Properties presents staff accommodations in Al Quoz Dubai. A well-maintained staff accommodation offers a convenient and comfortable living space for employees. Property Overview: - Plot Area: 50,059 sq. ft. - Built-Up Area: 132,000+ sq. ft. - Building Age: 9 years Lease Details: - Original Lease Term: Until September 9, 2039 - Status: Fully paid and renewable Property Features: - Building 1: - 28 offices - 5 retail shops Building 2: - 154 large rooms (labor camp) Financials: Total Rent: AED 5.3M to AED 5.5M annually Asking Price: AED 42M (Net, Distress Sale) Return on Investment (ROI): 11-12% net For further details or to schedule a viewing, please contact us. Experience convenience and quality in staff housing with our Al Quoz property. Company name: Banke International Properties LLC RERA ORN: 12108 Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE Office phone no: [redacted phone number] Primary email: [redacted email address] Website: www. banke. ae Company Profile: A real estate firm specializing in investment sales and leasing of both commercial and residential properties. We also offer property management services across Dubai.

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