A Great Investment Opportunity in Dubai Investment Park 2, with significant potential upside in rent and appreciation due to upcoming projects in the area for next decade and more This versatile and strategically located labor accommodation is an ideal investment for:
# Investors targeting high rental yields
# Companies seeking to lower costs by owning their staff housing
Prime Location:
Located near New Dubai's development hub and recently announced projects, including:
Palm Jebel Ali
The Oasis by Emaar
New terminal projects at Maktoum Airport
Multiple residential projects introduced by major developers across Dubai
Property Overview:
·
MOHRE Approved Capacity: 696 Labours
Plot Size: 35,284.10 sqft.
Built-Up Area (BUA): 48,391.80 sqft.
Room Configuration:
o 116 rooms in total (110 labor rooms and 6 supervisor rooms)
·
Amenities:
o 60 toilets, 60 shower areas
o 6 dining areas
o 6 kitchens
o 6 Labour utility Rooms
o Parking for 8 buses inside the plot
Strategic Location:
Conveniently situated in Dubai Investment Park 2 with easy access to major highways.
Investment Potential & Current Market Position:
Rental Growth Potential: While current rents are below peak levels due to legacy COVID contracts and past mismanagement, this property has previously generated high rental income of up to AED 6 million annually.
Capital Appreciation: A strong investment opportunity with Dubai’s ongoing construction boom and committed projects anticipated to drive growth over the next 10 years.
Reason for Sale: Owners are retiring from the construction industry and undergoing debt restructuring.
