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20,000,000 AED

Brand New camp| 120 rooms | 600 capacity

The property

Labor Camp for Sale in Jebel Ali Industrial 1, Jebel Ali Industrial

Price
20,000,000 AED
Type
Labor Camp
Reference
ush-1315208
Trakheesi Permit
Issued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties
23123
Furnishings
Partly furnished
Area
11,000 sqft / 1,022 sqm

Description

Brand new Camp
Jebel Ali Industrial Area 1

Lease hold Property.
Central Air Conditioned Building
120 Rooms: Different Sizes.
Total Camp Capacity: 600 person approx.
2 lifts available.
1 Big Kitchen.
1 Big Dining hall.
Solar water heaters installed for hot water supply
Each room has individual AC unit for personalized control
All LED lighting
All Utilities rooms are on Ground floor.
Kitchen, Dining, First aid room, CCTV room, Labour need room, Prayer Hall, Ablution Etc are given on ground floor.
Expo 20-20 Requirements approved.
Vacant and Final Approvals( from different government departments) in Process.

Asking Selling Price: AED 20 Million
Land Lease: AED 50,000.00
Expected Rental Return: 2.5 Million( if leased on AED 1800.00 per room/per month)
Expected Yield: 12.70%

Pictures for reference only.

For More Information please call Kuldeep Singh: +971505642808
or
call Union Square House Real Estate brokers
4008, Jumeirah Bay X-2,
Jumeirah Lake Towers, Cluster X,
Dubai
+971 4579900