Description

Well Designed Freehold Labor Camp | For Sale in Jebel Ali Freehold Area| Vacant

Very well-maintained Labor Camp is available for SALE.
Accessible | WELL MAINTAINED LABOR CAMP | Quiet Community

Location: JEBEL ALI INDUSTRIAL 1
Type: FREE HOLD for ALL NATIONALITIES 
Corner plot
Access on the Main Road.
Close proximity to RTA bus station
Grocery in the building.
Easy Entry and Exit, to and from Sheikh Mohammed Bin Zayed Road

Plot Area: 20,000 Sq. Ft
BUA: 77,700 Sq. Ft
G+3+Roof
Total Rooms: 219 for 700 staff
Total Toilets (Asian & Western): 102
Total Showers & Washbasin: 102
Amenities
 4 Staircases with granite steps
Massive Kitchen and Dining area
Solar Water Heaters with large reserve tanks
Individual A/C for every room
LED lighting all over
Prayer Room
TV Room

First Aid Room
Security Room
12 Bus parking
Bicycle racks
CCTV surveillance
Telephone access for DU & ETISALAT

218 Rooms freehold camp for sale in jebel ali

There are certain areas in Dubai where non-GCC nationals can buy properties, known as freehold properties. These are mandated by the Ruler and Government of Dubai. According to the rule, the owner can have complete property ownership of the home, and the land that the property is built on. The owner has the right to sell, lease or reside in it at will. The owner will be named as the landlord in the register and earn the title deed for the property. With the availability of Freehold Buildings for sale in Dubai with high ROI, the real estate in the city had a real boom.

Freehold properties are considered a better option than other kinds of properties, especially when the owner wants to have complete ownership of the property. On the other hand, if you buy leasehold properties, you will not be able to hold on to the property rights for more than 99 years or a fixed term. Benefits of Freehold Buildings for sale in Dubai with high ROI is that the property can be inherited by your children or whomever you wish to will it to. The owners are eligible for renewable residency visas , provided they meet certain criteria, and they are also likely to get long-term visas for 5-10 years.

As professionals with considerable experience in the field, we would be able to guide you on the kind of property that would be best suitable for your requirement. In real estate, the profit or loss is measured in terms of ROI or Return on Investment just like with any business. This is an indicator to measure the income you have made over the invested property. You can use an ROI calculator or any other similar tool in the market to judge your annual return on investment (ROI) and the Compound Annual Growth Rate (CAGR). There is some data that’s involved to calculate the ROI like the price of the property when it was purchased, the loan amount, annual inflation and a few other things. The ROI of course, varies for different properties because of these factors. We always follow these factors and check the calculator to analyse real estate deals for you. This way we will ensure that you can cinch freehold buildings for sale in Dubai with high ROI.

Freehold properties are considered a better option than other kinds of properties, especially when the owner wants to have complete ownership of the property. On the other hand, if you buy leasehold properties, you will not be able to hold on to the property rights for more than 99 years or a fixed term. Benefits of Freehold Buildings for sale in Dubai with high ROI is that the property can be inherited by your children or whomever you wish to will it to. The owners are eligible for renewable residency visas , provided they meet certain criteria, and they are also likely to get long-term visas for 5-10 years.

FAQ

When you buy freehold buildings for sale in Dubai with high ROI, it offers several benefits, including:1. Ownership rights – Freehold property grants full ownership rights to the buyer, providing a sense of security and control over the property. 2. Long-term investment – They can be held for an extended period, allowing for potential capital appreciation and rental income. 3. Flexibility – Freehold properties can be bought, sold, or leased without restrictions, offering flexibility in terms of usage and investment options. 4. Residency visa – Some freehold properties may qualify the buyer for a residency visa, subject to specific criteria and regulations.
Yes, Dubai allows foreigners to buy freehold property in designated areas known as freehold zones. These areas are established to attract foreign investment and offer full ownership rights to non-UAE nationals. It is important to note that certain restrictions and regulations may apply, and it is advisable to consult with real estate professionals or legal experts for specific guidance.
A good return on investment (ROI) in real estate in Dubai can vary depending on market conditions, property type, and location. Generally, an ROI in the range of 8% to 12% is considered favorable in the Dubai real estate market. However, it is essential to conduct thorough market research, evaluate rental potential, consider expenses and risks, and analyze long-term trends to determine what constitutes a good ROI for a specific investment. If you are looking for freehold buildings for sale in Dubai with high ROI, we at Al Multaqa Real Estate can help you with the best properties for you.
Here are some of the pros and cons of buying freehold property:Pros:1. Full ownership rights and control over the property. 2. Potential for capital appreciation and rental income. 3. Flexibility in using, selling, or leasing the property. 4. Possibility of obtaining a residency visa.Cons:1. Higher upfront costs compared to leasehold properties. 2. Potential market risks and fluctuations. 3. Potential maintenance and service charges. 4. Limited availability of freehold zones in Dubai.
Freehold property can be worth the money for investors seeking long-term ownership and potential returns. It provides ownership rights, potential capital appreciation, and flexibility in usage or investment strategies. However, the worth of a freehold property depends on various factors such as location, market conditions, rental demand, and individual investment goals. Conducting thorough research and analysis is crucial to determine the suitability and potential value of a freehold property.
To increase real estate ROI, consider the following strategies:1. Renovate or improve the property to enhance its value and attract higher rental income or sale prices. 2. Research and invest in high-growth areas with increasing demand for rentals or property values. 3. Implement effective property management to minimize vacancies and maximize rental income. 4. Consider leveraging financing options to increase the return on invested capital. 5. Stay updated on market trends, regulations, and economic factors that can impact property values and rental demand.
The type of real estate investment with the highest ROI can vary depending on factors such as market conditions, location, and individual investment strategies. Generally, residential properties, especially in high-demand areas or emerging neighborhoods, can provide attractive returns. Moreover, commercial properties, such as retail spaces or offices, in prime locations with strong rental demand, can also offer high ROI. It is important to conduct thorough research and analysis to identify specific investment opportunities with the potential for high returns. If you are looking for freehold buildings for sale in Dubai with high ROI, we at Al Multaqa Real Estate are here for you.
Damac Hills 2 is a freehold development in Dubai. As a freehold property, it offers full ownership rights to the buyers, allowing them to have control and ownership of the property. It is advisable to verify the specific details and regulations of the development directly with the relevant authorities or consult with real estate professionals for accurate and up-to-date information.

Address

  • City Dubai
  • State/county Dubai
  • Country UAE

Details

Updated on June 21, 2023 at 8:17 am
  • Price: AED 25,000,000
  • Land Area: 20344
  • Bedrooms: 218
  • Bathrooms: 110
  • Property Type: Accommodations, Labor Camp
  • Property Status: Accommodations, For Sale In Dubai, Vacant

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