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View similar propertiesLABOR CAMP FOR SALE IN AL QUOZ INDUSTRIAL AREA 2, AL QUOZ INDUSTRIAL AREA
Knight Frank is delighted to present this fully rented labour camp located in Al Quoz Industrial Area 2 with easy access to Al Marabea Street and Al Asayel Street and Al Khail Road.
• Independent labour camp (DREC leasehold property)
• Total plot area is approximately 7,364,70 sqm (79,273 sqft)
• Built Up Area is approximately 3,808,56 sqm (40,995 sqft)
• 153 rooms in total within 8 blocks
140 Rooms –4 persons / room
11 Rooms –3 persons / room
1 Room –First Aid
1 Room -kitchen
• Can accommodate up to 600 people approximately
• Fully fenced plot, interlocked yard area, Single gate entry
• Current income is approximately AED 2,100,000 per annum
• Current DREC land lease –AED 475,638 per annum (AED 6 per sqft)
• Asking price: AED 15,000,000 (AED 365.90 per sqft)
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.
Property details
Property Type
Labor Camp
Property Size
40,995 sqft / 3,809 sqm
• Independent labour camp (DREC leasehold property)
• Total plot area is approximately 7,364,70 sqm (79,273 sqft)
• Built Up Area is approximately 3,808,56 sqm (40,995 sqft)
• 153 rooms in total within 8 blocks
140 Rooms –4 persons / room
11 Rooms –3 persons / room
1 Room –First Aid
1 Room -kitchen
• Can accommodate up to 600 people approximately
• Fully fenced plot, interlocked yard area, Single gate entry
• Current income is approximately AED 2,100,000 per annum
• Current DREC land lease –AED 475,638 per annum (AED 6 per sqft)
• Asking price: AED 15,000,000 (AED 365.90 per sqft)
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.
Regulatory information
Regulatory information
Reference
S237198
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