Fully Let – LIU Compound – 16 Units

Please quote reference number: KF 723

• Plot area extending to approximately 5,000.00 sq m / 53,819 sq ft
• Total built up area is approximately 2,323.44 sq m / 25,009 sq ft
• This property consists of four (4) identical warehouse buildings
• Each building comprises four (4) similar in size and specification warehouses (total 16 units)
• Eave height approx. 7 m
• Electrical load 50kW per unit
• Amenities:
• Firefighting sprinkler system
• Translucent sky panels
• Common area toilets
• Fully interlocked yard area
• 24/7 in-house security
• Title: Leasehold, 20 unexpired term from DIP
• Fully leased
• Annual Gross Income – AED 977,256 per annum
• Land Rent paid to DIP – AED 264,000 per annum
• Asking sale price: AED 9,700,000 (AED 387.86 per sq ft)
• The sale price is exclusive of VAT or any other property transfer related fees and charges

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

Warehouse

Property Size

25,009 sqft / 2,323 sqm