FOR RENT/POTENTIAL SALE
GRADE A ‘E-COMMERCE’ LOGISTICS WAREHOUSE Dubai Investments Park (DIP), Dubai, UAE
Plot size extending to 31,587 sq m (340,000 sq ft) Warehouse area/Built up area (BUA) extending to 16,595 sq m (178,629 sq ft) Office area extending to 2,532 sq m (27,252 sq ft) Eaves height of approximately 12 m 18 docked loading bays Electrical load connected – 900 kW 80 allocated car parking spaces and interlock yard Firefighting sprinkler system throughout
LOCATION The subject property is located in Dubai Investments Park (DIP), Dubai’s premier industrial and logistics hub. DIP is a mixed-use industrial, commercial and residential community spread across approximately 2,400 hectares (ha). Dubai’s main port, Jebel Ali Free Zone, lies approximately 10 km west of DIP. DIP is well connected to numerous road networks including Sheikh Mohammed Bin Zayed Road (E311) to the west and Emirates Road (E611) to the east. The Jebel Ali Lahab Road (E77) access to the south of the development connects the district to Jebel Ali Port and Sheikh Zayed Road (E11). Al Maktoum International Airport/Dubai World Central (DWC) is located approximately 15-20 km by road whilst the Expo 2020 site is also in close proximity, situated on the opposite side of E77.
DUBAI, UNITED ARAB EMIRATES
DUBAI, UNITED ARAB EMIRATES
Palm Jumeirah Jumeirah Downtown Dubai Dubai Marina
Dubai International Airport Al Quoz Ras Al Khor
Jebel Ali Industrial
NIP
Dubai Production City
JAFZA Subject Property Dubai Investment Park
Dubai Industrial Park
Al Maktoum International Airport
PROPERTY DESCRIPTION
ACCOMMODATION
The property provides a Grade A logistics warehouse of steel portal frame construction with metal clad elevations under a pitched roof. The warehouse has been designed to provide six warehouses similar in size and specification with separate access and provision of offices. The property benefits from 18 docked loading bays with automatic Crawford doors. The office compartment is situated on the mezzanine level and divided into six identical units, each with a separate access. The office will be handed over in a Grade A semifitted condition. The wider plot is surfaced with interlock brick paving and has two access gates.
The plot extends to approximately 31,587 sq m (340,000 sq ft). According to the floor plans, the gross internal area (GIA) is approximately 19,127 sq m (205,881 sq ft) comprising of:
The property benefits from the following: Steel portal frame construction Eaves height of approximately 12 m 18 docked loading bays Sprinkler system throughout Ample open storage space Electrical load connected: 900 kW
Description
Floor area (sq m)
Floor area (sq ft)
Warehouse
16,595
178,629
Office
2,532
27,252
Total
19,127
205,881
The facility has been designed in such a manner that it can be further sub-divided. Accordingly, the property can either be split into six (6) chambers each extending to approximately 3,188 sq m (34,313 sq ft) or leased in its entirety.
SALES TERMS
DATE OF ENTRY
The owner is open to offers to sell the property. Offers in the region of
The property is under construction and will be available for occupation Q3 2020 onwards.
AED 60,000,000 are sought for the leasehold interest.
LEASE TERMS The owner is seeking to lease the entire premises for AED 6,800,000 p.a. (AED 33 per sq ft), excluding authority sub-lease charges. Alternatively, they are willing to leasing individual chambers at AED 1,200,000 p.a. (AED 35 per sq ft), excluding authority sub-lease charges.
FEES The tenant will be responsible for all transaction fees and authority sub-lease charges.
VAT All prices quoted are exclusive of VAT which shall be chargeable at the prevailing rate.
FURTHER INFORMATION AND VIEWINGS Strictly by prior arrangement with the exclusive selling agent.
Maxim Talmatchi Industrial Agent Investment and Commercial Agency T: 971 50 482 7934 E: maxim.talmatchi@cavendishmaxwell.com RERA BRN: 33414
DUBAI
ABU DHABI
SHARJAH
MUSCAT
2205 Marina Plaza Dubai Marina P.O. Box 118624 Dubai United Arab Emirates T: +971 4 453 9525
605 West Tower, Abu Dhabi Mall Tourist Club Area P.O. Box 126609 Abu Dhabi United Arab Emirates T: +971 2 448 4677
1801 Sarh Al Emarat Tower Buhaira Corniche Street P.O. Box 38583 Sharjah United Arab Emirates T: +971 6 715 0444
Villa 836, Way 3012 Al Sarooj P.O. Box 3438 Muscat Sultanate of Oman T: +968 24 694 150
These particulars should not be construed as a RICS Red Book valuation or an offer for sale/lease. In accordance with the law, all offers will be subject to contract and/or a legally executable Sales and Purchase Agreement. Although a high standard of care has been taken in the preparation of the information, analysis, views and projections presented, it remains solely the responsibility of the purchaser or incoming lessee to verify independently all information provided in these particulars prior to entering into a legal contract. No legal responsibility can be accepted by Cavendish Maxwell or its employees for any loss or damage resultant from the contents of these particulars or statements made. RERA Broker Number: 29362 RERA ORN: 11812
REF-CM001