Commercial corner plot of approx 37,000 sq ft in IMPZ, Dubai: GFA approx 130,100 sq ft, G+7, asking AED 38.4 Million. Joint venture 60/40 with AED 5 Million upfront.
Overview
A commercial corner plot in IMPZ, Dubai, of approx 37,000 square feet with a gross floor area of approx 130,100 square feet at G+7. The asking price is AED 38.4 Million, or a joint venture at 60/40 with AED 5 Million upfront.
The owner is asking AED 38.4 Million. The rate of approx AED 295 per sq ft of GFA is the owner's own figure. The owner also offers a joint venture at 60/40 with AED 5 Million upfront.
Key information
Every figure above is the owner's particulars — see Sources.
The plot is a corner plot in IMPZ, Dubai. For the plot boundary and exact position, ask us and we will request the owner's drawings.
Location
Commercial Corner Plot, approx 37,000 sq ft — IMPZ, Dubai — IMPZ, Dubai, United Arab Emirates
The owner states that there is no MOP at present and that the plot is currently under SOP. Confirm the position with the master developer as part of due diligence.
Yes. The owner offers a joint venture at 60/40 with AED 5 Million upfront, as an alternative to the asking price of AED 38.4 Million.
Small print
Next step
Five short screens cover the structure of your mandate, the specification, the capital allocated and your timeframe, and your details, with a review of the whole brief before anything is sent. The specification screen is entirely optional: an open mandate is still a mandate.
