Lease - Dubai Investment Park Second

• $ 11,035,422
• 11,032,002
• 168.227
• 11,035,422

Residential Building – LEASE
Plot No. 500, Municipality No. 597-810
Land use : Residential / Res Apartment
Authorized : G + 5 Floors
Total units in the property 209 units
Ground floor is used as parking
Floors 1st / 2nd / 3rd
Each floor includes 48 residential studios
Floor 4th includes 44 residential studios
Floor 5th includes 21 residential studios
FAR = 3
GFA = 166,954.48 sq ft
Plot Area 55,651.70 sq ft

The Sell is the Lease for 20 Years
Ending on 19 FEB 2044

Rented
(Please Check The Attached Rent Report)

In respect of claims relating refund
Of the rent or vacancy of the property
The New Owner (the winner of the auction)
Must file a case with the competent authority
Settlement Committee, to evict the occupants
of the property and recover the rental value.
and the buyer must notify the tenant
by the Notary Public that he is the new owner
of the property. and that Emirates Auction
and/or Dubai Courts bear no responsibility.

The buyer bears the Property
developer’s fees from the date
of registering the Title Deed in his name

Recent decisions of the Dubai Courts
apply in terms of accepting or rejecting
offers of the bidders

Your participation in the auction is an
acknowledgment of the property legal
and physical conditions

For more details or to participate in the auction
available 24 hours

Amenities