LABOR CAMP | AL QUOZ | VACANT | PRIME

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: 80022653
Primary email: enquiries@banke.ae
Website: [link not available]
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.

Property details

Property Type

Labor Camp

Property Size

132,000 sqft / 12,263 sqm