Prime Labor Camp Investment

Exceptional Investment Opportunity in DIP

We are pleased to present this lucrative labor camp located in the heart of Dubai Investments Park (DIP), available for sale at an attractive price of AED 38 million. This well-maintained property spans a generous total plot area of 35,421.01 SQFT, translating to key money of AED 190 per SQFT.

This 7-year-old structure features a Ground plus 4 floors (G+4) layout, accommodating a total of 228 rooms, with the flexibility of two room types: small and large. With a capacity to house over 1,000 individuals, this property is perfectly positioned to meet the growing demand for staff accommodation in the area.

Recent developments such as the nearby Al Maktoum International Airport are expected to boost capital appreciation and demand for staff accommodations in DIP significantly. Before the pandemic, the market value of this labor camp soared above AED 47 million, and projections indicate that the value could reach up to AED 52 million in the near future.

With around 1 million blue-collar workers anticipated to arrive in Dubai within the next year, the need for new staff accommodation camps is pressing, with approximately 1,000 camps required to meet this demand, making this an opportune investment.

Stable Returns and Additional Income Streams

This property promises a fixed return on investment (ROI) and attractive rental yields, supported by a confirmed lease agreement. The annual rental income from the labor camp is AED 3.5 million, with a guaranteed annual increase of 5%, ensuring a steady revenue growth trajectory. Additionally, an extra 4,000 SQFT commercial space offers the potential to generate an additional AED 800,000 annually, enhancing the property's income potential.

Total Annual Income Breakdown:

• Residential Rent: AED 3.5 million
• Commercial Space Income: AED 800,000
• Total Combined Income: AED 4.5 million per year

Don't miss out on this remarkable opportunity to invest in a property with strong ROI and immense potential for growth!