Sale in Naif: Residential / Commercial BLDG

Built Land, Naif Area
Land no.56, Municipality no.118-1167
Land Use : Commercial, Offices, Residential
Authorized :
CBD/5M : Ground + mezzanine + 3 floors
CBD/3M :Ground + mezzanine + first floor
Plot Area 13,562 sq. ft.
The Furniture is not included in the sale
Only For GCC

Property details are as follows:
The property consists of 3 connected buildings:
Building 1:
Ground floor: 11 commercial shops
Mezzanine floor: 1 apartment
From 1ST to the 3RD floor :
A total of 12 residential apartments,
with 4 apartments per floor.
Building 2:
Ground floor: 15 commercial shops
From 1ST to the 3RD floor :
A total of 15 residential apartments,
with 5 apartments per floor.
Building 3:
Ground floor: 9 commercial shops
Mezzanine floor: 7 residential apartments
First floor: 7 residential apartments

Rented
Viewing is not Available
Please see the attached report of rents

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.

This property is subject to the jurisdiction of
the Dubai Probate Court and is not governed by
the provisions of Article (296) of Federal Decree-Law
No. 42 of 2022 on Civil Procedures, regarding the
reduction of the property's base price. The most
recent court decisions shall apply concerning the
acceptance or rejection of offers submitted by 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

Regulatory information

Regulatory information