Prime Freehold Labor Accommodation
AED 16,000,000
Jebel Ali Industrial, Jebel Ali, Dubai
- 76,000 ft²
AED 38,000,000
Dubai Investment Park (DIP), Dubai
Presenting a well-maintained labor camp for sale at an attractive price of AED 38 million. This property offers a total plot area of 35,421.01 SQFT, with key money set at AED 190 per SQFT. The camp, which is 7 years old, consists of a G+4 structure with a total of 228 rooms, accommodating over 1,000 individuals comfortably.
The strategic location near Al Maktoum International Airport is poised for significant capital appreciation, especially with the anticipated influx of approximately 1 million blue-collar workers in Dubai over the next year. This demand will create a pressing need for nearly 1,000 new staff accommodation camps, making this property a valuable asset.
Before the COVID-19 pandemic, the market value of this labor camp exceeded AED 47 million, with estimates suggesting it could reach AED 52 million soon. The property guarantees a fixed ROI with a solid rental yield, thanks to a confirmed lease agreement:
Total Annual Income: Combining both residential and commercial rents, the total potential annual income can reach AED 4.5 million. Don't miss this lucrative opportunity in the heart of Dubai's evolving landscape!
AED 16,000,000
Jebel Ali Industrial, Jebel Ali, Dubai
AED 37,000,000
Jebel Ali Industrial, Jebel Ali, Dubai
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