Residential Building

Residential Building - Lease
Land no. 487, Mun No.598-1196
Land Use: Residential & Retail
Authorized :G + 4
Plot Area : 43,605.82 sq ft
Property sold unfurnished

Ownership is only Lease on the Land
from Dubai Investment Park
with a lease starting date From :
06-01-2015 TO 2035-07-27
Rented
Please see the attached report of the
Rent details received from RERA

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.

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
600545454 available 24 hours.

Property details

Property Type

Whole Building

Property Size

43,605 sqft / 4,051 sqm