Coldwell Banker is excited to present an excellent property for which details have been provided below. We provide you with as many details as we can about all our listings, but if you still feel something is missing or would like to inquire further, we’re glad to assist you through a phone call, emails, or meetings in our office. Our agents are looking forward to helping you acquire your ideal property.
Discover a prime investment opportunity in Al Khawaneej with this warehouse compound featuring nine individual warehouses. Situated on a spacious plot of 33,000 sqft, the total built-up area (BUA) of the compound is 24,000 sqft. This property is on the market for 13 million AED and boasts an impressive net yield of approximately 9%. Additionally, the annual sublease fees amount to 180,000 AED. All nine warehouses are currently rented, ensuring immediate rental income for the new owner.
This warehouse compound in Al Khawaneej is an exceptional investment opportunity with a robust rental yield. The property’s expansive plot and substantial built-up area make it suitable for various business operations. The current rental agreements for all warehouses provide a stable income stream, making this an attractive proposition for investors seeking reliable returns.
The suburban neighbourhood of Al Khawaneej is split into two districts, Al Khawaneej 1 and Al Khawaneej 2. The distance between Al Khawaneej to Dubai International Airport is 16.3 km, which takes around 16 minutes via D89. It is less than a 20-minute drive from Dubai International Airport and about 11 minutes away from Arabian Centre. City Centre Mirdif is around 17 minutes away. Business Bay and Downtown Dubai are a 30-minute drive by car.
This warehouse compound in Al Khawaneej represents a prime investment opportunity with substantial space, modern facilities, and a strategic location. Contact us today to learn more or schedule a viewing.