Fully Airconditioned Warehouse with Office for Sale in Al Quoz Industrial Area, Generating Rental Income

Al Quoz القوز

Overview:

This fully air-conditioned warehouse with office space in Al Quoz Industrial Area is available for sale. The property is a leasehold with annual renewal and comes with substantial rental income and a high return on investment (ROI).



Key Points:

Property Type: Fully Air-Conditioned Warehouse with Office (Independent)

Location: Al Quoz Industrial Area

Deal Type: Sale

Ownership Type: Leasehold Property (Renewal Every Year)



Financials:

Selling Price: AED 22,000,000 (Net to Owner)

Current Land Lease: AED 250,000 (approx.) paid to DREC annually

Rental Income: AED 2,344,000 annually

Net Income: AED 2,094,000 annually

ROI: 9.51%

VAT: 5% of Selling Price

Transfer Charge: AED 100,000 to AED 200,000 (approx.)

Agency Fees: 2% of Selling Price, paid by Buyer



Specifications:

Plot Size: 60,000 Sqft

Built-up Size: 36,000 Sqft

Power: 700 kW

Height: 7 M

No of Units: 3



Usage:

Industrial, Commercial, or Storage



Amenities:

Pantry

Washroom

Insulated

Fire Fighting System

Fire Alarm System

24/7 Civil Defense Monitoring



Description:

This independent, fully air-conditioned warehouse with office space in the prime Al Quoz Industrial Area offers a substantial built-up area of 36,000 sqft on a 60,000 sqft plot. With a significant power capacity of 700 kW and a height of 7 meters, this property is well-suited for industrial, commercial, or storage purposes. The warehouse comprises 3 units and includes amenities such as a pantry, washroom, insulation, fire fighting and alarm systems, and 24/7 civil defense monitoring, ensuring safety and comfort for all operations.



Financially, the property is highly attractive, with a selling price of AED 22,000,000 and an annual rental income of AED 2,344,000. After accounting for the land lease, the net income stands at AED 2,094,000, providing a robust ROI of 9.51%. The buyer will be responsible for VAT at 5% of the selling price, transfer charges ranging from AED 100,000 to AED 200,000, and agency fees at 2% of the selling price.



This warehouse is an excellent investment opportunity, offering stable rental income and a high return on investment in a sought-after industrial location.



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