Reference ID: A730323

14% ROI: can be vacant also Labor camp for sale in muhaisnah 2nd 53 rooms with G 4 permission, All r

AED 9,500,000

Posted On: May 22nd, 2019

Size (SqFt)

28,000

Commercial For

Sale

Posted On

May 22nd, 2019

Listed By

Agent

Property Reference

A730323

Description

53 Rooms independent Labour Camp for sale in Al Muhaisnah 2nd

Property Type: Labour Camp independent (lease hold property with yearly land lease)
Location: Al Muhaisnah (sonapur).
Deal Type: sale
selling price: AED 9,500,000 /
plot size: 28,000 sq,ft.
build up size: 28,000 sq,ft only Ground floor is built up but permission is for G+4
Capacity : 6 people /per rooms.
Rent Each room AED 2500 including DEWA per month and 
current Rental income: 1.590 million can be renewed long-term or can vacate on transfer no problem as seller has their own staff living inside.
current Roi: 14 % 

Amenities:
- Toilet:28
- Bathroom:28
- Wash Basin:28
- Kitchen:1
-dining:1
-Large Store room
OVER VIEW OF AL MUHAISNAH
Al Muhaisnah is a locality in Dubai, United Arab Emirates (UAE). Situated in eastern Dubai in Deira, Muhaisnah comprises four sub- communities: 


* Madinat Al Muhaisnah (or Muhaisnah 1) 

* Al Muhaisnah 2 

* Al Muhaisnah 3 

* Al Muhaisnah 4 

Madinat Al Muhaisnah and Muhaisnah 2 are bounded to the west by route E 311 (Emirates Road) and to the east by route D 56, while Al Muhaisnah 3 and Al Muhaisnah 4 are bounded to the west by route D 60 (Al Rashidiya Road) and to the west by E 311. Al Muhaisnah is bordered by Al Qusais, Al Twar, Al Mizhar and Mirdif. With over 90,000 residents, Al Muhaisnah is the greatest inhabited community in Dubai. 

Muhaisnah 2, 3 and 4 now house numerous combined labor housings and labor camps for the mostly South Asian laborers that service the industrial areas of Al Qusais, as well as construction workforces. 
Al Burraq Real Estate is a Company located in Metropolis Business Bay; we are Specialized in Property Management, Real Estate Brokerage, and Property investments. 
ORN: 12314, BRN: 28713
Landlords: List your property with us, and give us one week to lease it.Buyers: We are here to find your requested property within 48 hours.Investors: Our specialized team in Dubai areas will get you the best investment deals; we provide also financial mortgage services.

For Viewing; Call/Whatsapp, TALAT


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