Name: Residential / Commercial BLDG
SKU: 5318
Price: 70000000 AED
Availability: InStock

Emirates Property Auction
Residential / Commercial BLDG

Property Id # 5318

Residential / Commercial BLDG

AL Twar Fifth - Dubai

39,200.00 ft²

GCC

Commercial,Offices,Residential

Dubai

Ends on

Oct 28, 05:00 PM

description

Luxurious Hotel Building
ِAl-Twar Fifth , Plot no. 208
Municipality no. 233-137
Land Use : Residential /Commercial/ Offices
Authorized : Ground + 4Floors
Total Area 39,200 sq ft
The Furniture is not included in the sale
Trade License is not included in the sale
Only for GCC
The Building Details are as follows:
Basement +Ground + 4Floors +Roof
Basement Floor Includes: parking + kitchen
Ground Floor Includes: Lobby + Restaurant+ 4 Meeting Rooms + kitchen
+ 2 shops + Prayer room + Administration offices
First Floor Includes: 4 Meeting Rooms + 55 Hotel Room
2nd floor to 4th floor :The total Hotel Rooms in the BLDG are 232
Roof Floor Includes: Swimming pool + gym
Viewing is not Available
the Property Occupied By A tenant Without EJARI Tenancy Contract
one of the shops Occupied By A tenant Without a Registration Tenancy Contract Last registered contract end 19 Sep 2021 Rent Value 105,000 AED / per Year
In respect of claims relating refund of the rent or vacancy of the property The New Owner (the winner of the auction) must file a case with the competent authority settlement Committee, to evict the occupants of the property and recover the rental value. and the buyer must notify the tenant by the Notary Public that he is the new owner of the property. and that Emirates Auction and/or Dubai Courts bear no responsibility.
This property is sold to the highest bidder Recent decisions of the Dubai Courts apply in terms of accepting or rejecting offers of the bidders
Your participation in the auction is an acknowledgment of the property legal and physical conditions.
For more details or to participate in the auction please call us at 600545454 available 24 hours.