FULLY RENTED LABOR ACCOMMODATION BUILDING IN DIP FOR SALE AT AED 30 MILLION

FULLY RENTED LABOR ACCOMMODATION BUILDING IN DIP FOR SALE AT AED 30 MILLION (8.8% NET ROI)

EXECUTIVE SUMMARY

Opportunity
Investment into an income generating Staff Accommodation Real Estate opportunity, Located in Dubai, UAE

Property
Total leasable area 73,212 ft | Building Configuration: G + 4

Location
Dubai Investments Park (DIP) is the largest mixed-use industrial, commercial, and residential complex in the
Middle East, spanning 2,300 hectares and offering world-class infrastructure and facilities.

DIP provides a variety of staff accommodations, from apartments to labor camps, conveniently located with
access to public transport, essential services, and recreational amenities.

Title
Long-Term Leasehold

Lease Term
3 years with an option to extend for an additional 2 years

Net Rent
DIP Labor Camp 1 Year 1: AED 2.6M | Year 2: AED 2.7M | Year 3: 2.9M

Tenant
Long-Term

Asking Price
AED 30 Million

PROPERTY OVERVIEW

Leasable Area (in Sqft) - 73,212
No. of Rooms - 196
Person Capacity - 1,568
Annual Rent/Room (In AED) - 13,010.00
Occupancy - 100%
Net Rent (In AED) - 2,550,000.00

Facilities

Bus Parking, Multiple Kitchens, Storage Areas, Several Dining Halls, Two Modern Lifts, First Aid Room, Prayer Room, Utility Room, Telephone Room

LOCATION

Dubai Investments Park (DIP) is a remarkable, self-sustained mixed-use development encompassing industrial, commercial, and residential spaces. Operated by Dubai Investments Park Development Company LLC, it stands as the largest complex of its kind in the Middle East, spanning 2,300 hectares, with 1,700 hectares already leased.

Call Bee at +971 56 723 9970 for further details.

Company Name: E L I T E Property Brokerage
Address: Office 613, The Onyx Tower 1, The Greens(SZR), Dubai-UAE
Company Email: info@elitepropertydxb.com
Telephone Number: +971 4 770 1087
RERA ORN: 25831