1145.4m² Building in Motor City, UAE No. 36370

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1145.4m² Building in Motor City, UAE No. 36370
ID36370 $ 1 143 464 / per year
36370

Property description

Property Overview:

Location: Motor City, Dubai A prime, high-traffic area known for its vibrant community and excellent accessibility.
Total Commercial Space: 13,000 sq ft of original space, with an additional 11,200 sq ft expansion space available, bringing the total leasable area to approximately 24,200 sq ft.


Expansion Details: The additional 11,200 sq ft is available at no additional rent; however, the tenant will be responsible for construction and fit-out costs. Negotiations between the tenant and landlord may include a grace period of free rent and reduced rental rates during the first year to offset these expenses.
Key Selling Points: Prime visibility, excellent accessibility, ample parking, and a well-established community with high foot traffic, making it ideal for premium brands.
Incentive Structure for Expansion Space:

Grace Period: A negotiable grace period of up to 6 months of free rent to allow tenants to cover the expansion's initial construction and fit-out costs.

Reduced First-Year Rent: There is potential for lower rent during the first year to help offset construction expenses, making the expansion financially attractive.
Tenant Contribution: The tenant is responsible for the additional 11,200 sq ft construction costs, allowing them to customize the space according to their operational requirements.
fäm Properties
Contact Us - +971-48372843
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Trakheesi Permit: 67139318176

Features

Property class
  • New development project
Dubai - Statistics
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ParametersDubai
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 401.14
Apartment (1 bedroom) Outside of Centre$ 1 543.18
Apartment (3 bedrooms) in City Centre$ 4 610.90
Apartment (3 bedrooms) Outside of Centre$ 3 015.32
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 6 937.08
Price per Square Meter to Buy Apartment Outside of Centre$ 3 737.21
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ParametersDubai
Crime Index16.08
Cost of Living and Rent Index57.44
Purchasing Power Index138.89
Property Price to Income Ratio6.84
Safety Index83.92
Traffic CO₂ Index8026.09
Traffic Inefficiency Index248.38
Rent Index55.96
Health Care Index69.79
Groceries Index46.57
Pollution Index49.07
Traffic Commute Time Index36.32
Restaurant Price Index61.91
Climate Index50.27
Cost of Living Index58.61
Quality of Life Index178.62
Traffic Index169.39
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ParametersDubai
Restaurants
Meal, Inexpensive Restaurant$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course$ 81.68
McMeal at McDonalds (or Equivalent Combo Meal)$ 9.53
Domestic Beer (0.5 liter draught)$ 12.25
Imported Beer (0.33 liter bottle)$ 13.61
Coke/Pepsi (0.33 liter bottle)$ 1.24
Water (0.33 liter bottle) $ 0.99
Cappuccino (regular)$ 5.63
Markets
Milk (regular), (1 liter)$ 1.97
Loaf of Fresh White Bread (500g)$ 1.40
Eggs (regular) (12)$ 3.28
Local Cheese (1kg)$ 9.79
Water (1.5 liter bottle)$ 0.65
Bottle of Wine (Mid-Range)$ 16.34
Domestic Beer (0.5 liter bottle)$ 2.68
Imported Beer (0.33 liter bottle)$ 3.46
Cigarettes 20 Pack (Marlboro)$ 6.53
Apples (1kg)$ 2.36
Chicken Fillets (1kg)$ 8.95
Oranges (1kg)$ 1.91
Potato (1kg)$ 1.19
Lettuce (1 head)$ 1.35
Rice (white), (1kg)$ 2.31
Tomato (1kg)$ 1.52
Banana (1kg)$ 1.87
Onion (1kg)$ 1.27
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.32
Transportation
One-way Ticket (Local Transport)$ 1.63
Monthly Pass (Regular Price)$ 81.68
Gasoline (1 liter)$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 32 670.40
Taxi Start (Normal Tariff)$ 3.27
Taxi 1km (Normal Tariff)$ 0.68
Taxi 1hour Waiting (Normal Tariff)$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 23 176.92
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 213.05
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 101.17
$ 60.25
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 3 901.98
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.42
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 86.83
Tennis Court Rent (1 Hour on Weekend)$ 42.44
Cinema, International Release, 1 Seat$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 77.63
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 62.57
1 Pair of Nike Running Shoes (Mid-Range)$ 112.38
1 Pair of Men Leather Business Shoes$ 112.04
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 844.81
International Primary School, Yearly for 1 Child$ 13 592.00
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
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CityDubai
DistrictMotor City
TypeBuilding
Living space1145.4 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 143 464
Seller
Firas Al Msaddi
Firas Al Msaddi
Chief Executive Officer