65,000 sqft open land warehouse Available for Sale in Al Quoz
Property type: open Land warehouse with washroom (independent)
Ownership Type: Leasehold Property Renewal Every years
Location: Al Qouz
Deal Type: Sale
Plot Area: 60,000 Sq.Ft.
Build-up size: 65,000 sqft
power: 700 kw
height: 7 m
No Of Units: 2 Nos
Selling Price: AED 20 Million net to owner
Current landlease : AED 240,000 per year paid to DREC
Agency Fees : 2% On Selling Price
VAT : As Applicable
Transfer Charge : As Applicable
Usage: Commercial storage and industrial
Spread across 27.1 sq. km., Al Quoz is a rectangular stretch of land located between Sheikh Zayed Road and Al Khail Road in Dubai. The mixed-use development is divided into residential and commercial sectors each having four sub-communities. The commercial sector is known as the Al Quoz Industrial Area, which forms the southern part of the community.
Al Quoz was majorly known for its industrial development. The area is one of the oldest manufacturing hubs in Dubai housing factories and auto shops. Al Quoz Industrial Areas 1, 2, 3 and 4 are being developed by Dubai Municipality as a mass accommodation and an industrial district servicing the projects in Dubai
Al Quoz Industrial Area 2 and Al Quoz Industrial 4 are bound by Al Khail Road, E44. Moreover, Sheikh Zayed Road, E11 runs on the other side of the community, serving people in Al Quoz Industrial 1 and 3. So, one can easily get onto these roads and drive to other parts of the city.
The community also features a well-managed public transport system. A metro link and several buses run to and from Al Quoz Industrial Area. There are two metro stations within the vicinity – Noor Bank and First Abu Dhabi Bank and several bus stations are located at short intervals throughout the community.