AED 60,000,000
Own this from just
215,935 AED/month0
27,921 sqft / 2,594 sqm
WHOLE BUILDING FOR SALE IN IST PLAZA, UMM AL SHEIFIncome producing asset @ 8.8%
Prime Location on Sheikh Zayed Road next to the Metro
Fully leased building with long term tenants.
B+G+1: 1 office floor, 2 showrooms, 42 parkings, 2 elevators
Leasable area: 27,921 sq ft
Plot Area : 21,496 sq ft
Plot Ownership: On Concession from DREC - paid up until September 2039
Lease transfer Charges: 2% of sale price
Commission 2% on purchase price
Additional income from LED screen on rooftop operated by Eyemedia
Located beside Umm Al Sheif Metro Station
IST Plaza - OFFER SUMMARY - GET 8.8% ROI WITH LONG LEASES IN PLACE
(This asset is not suitable for end users/occupiers due to the long leases already in place)
FOR MORE INFORMATION, CALL SUMEET KHUBCHANDANI AT +97150 558 1277
Fully Leased Building | SZR next to Metro | 8.8% ROI
Prime Location on Sheikh Zayed Road next to the Metro
Fully leased building with long term tenants.
B+G+1: 1 office floor, 2 showrooms, 42 parkings, 2 elevators
Leasable area: 27,921 sq ft
Plot Area : 21,496 sq ft
Plot Ownership: On Concession from DREC - paid up until September 2039
Lease transfer Charges: 2% of sale price
Commission 2% on purchase price
Additional income from LED screen on rooftop operated by Eyemedia
Located beside Umm Al Sheif Metro Station
IST Plaza - OFFER SUMMARY - GET 8.8% ROI WITH LONG LEASES IN PLACE
(This asset is not suitable for end users/occupiers due to the long leases already in place)
FOR MORE INFORMATION, CALL SUMEET KHUBCHANDANI AT +97150 558 1277
Property details
Property Type
Whole Building
Property Size
27,921 sqft / 2,594 sqm
Bathrooms
none
Amenities
Lobby in Building
Location
Provided by
Sumeet Khubchandani
No ratings
Al Huraiz Real Estate
See all properties (51)Response time
within 15 minutes
Experience
21 years
Closed Deals
3
Languages
English, Hindi, Urdu
Get the right mortgage for you
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Monthly payment
4,936 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
100763364100
Listed
1 month ago
Broker License
142
Zone name
Um Al Sheif
DLD Permit Number:
681766807456
Agent License
29705
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Own this property from just
215,935 AED /month
Fixed rates from: 3.75%
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