AED 65,000,000
Own this from just
233,930 AED/month0
27,921 sqft / 2,594 sqm
WHOLE BUILDING FOR SALE IN IST PLAZA, UMM AL SHEIFIncome producing asset @ 7.5% ROI
Prime Location on Sheikh Zayed Road next to the Metro - Trophy Asset!
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
Umm Al Sheif is a peaceful area in Dubai. Most basic amenities can be found in the community or its surrounding areas.
IST Plaza - OFFER SUMMARY - GET 7.5% 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
Visit us at [link not available] to learn more.
Fully Leased Building | SZR next to Metro
Prime Location on Sheikh Zayed Road next to the Metro - Trophy Asset!
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
Umm Al Sheif is a peaceful area in Dubai. Most basic amenities can be found in the community or its surrounding areas.
IST Plaza - OFFER SUMMARY - GET 7.5% 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
Visit us at [link not available] to learn more.
Property details
Property Type
Whole Building
Property Size
27,921 sqft / 2,594 sqm
Bathrooms
none
Amenities
Covered Parking
Lobby in Building
Location

Provided by
Sumeet Khubchandani
No ratings

Al Huraiz Real Estate
See all properties (54)Response time
within 5 minutes
Experience
22 years
Closed Deals
3
Languages
English, Hindi, Urdu
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Monthly payment
4,936 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
1007633107308
Listed
1 month ago
Broker License
142
Zone name
Um Al Sheif
DLD Permit Number:
681766807456
Agent License
29705
Own this property from just
233,930 AED /month
Fixed rates from: 3.75%
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