العربية
Property Id # 10379
Part of property
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- Emirates Property Auction
- Part of property
Property Id # 10379
Part of property
Naif - DubaiAdd to Watchlist
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875.54 ft²
GCC
Commercial,Offices
Dubai
Add to Watchlist
Share Via
875.54 ft²
GCC
Commercial,Offices
Dubai
Ends on
description
- Sale of 1 share in a Building
- Naif، Plot no.635
- Municipality no.118-1002
- Land Use :Commercial ,Offices
- Authorized :Ground + Mezzanine +4 Floors
- Currently Built: G + 2 Floors + Roof
- The Furniture is not included in the sale
- Only For GCC
- Note 1 :
- Shares Sales Area 875.54 sq. ft. ( From Total Area of 1,751 sq. ft. ).The price of 8,000,492 AED Listed in the auction is just for the share part.
- Note 2 :
- The property share shall be sold in common, Emirates Auction will not be responsible for handing over the share to the buyer, and the buyer shall follow the required legal procedures in this regard.
- Note 3:
- The property has one Title Deed, shared with the other owners for the same Property.
- Note 4:
- The property is being offered based on a decision from the Inheritance Court. It is not subject to the rules of reducing the base price of the property in the subsequent auction, as applied in the Enforcement Court under the provisions of Article 296 of the Civil Procedure Decree-Law.
- Rented
- Rented till 15 May 2029 with Rent Value 1,320,690 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.
- 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.
Bidding requirements
In order to bid on this property, buyer needs to deliver a manager’s cheque of at least
ê1,600,099
(20% of property start price)
Additionally, buyer needs to sign on the auction registration form.
specifications overview
Key details reported for this property.
documents
View the available documents related to this property.
- Municipality Plan
- Tenancy Contract
property location
Inspect the property in person before the auction closes.
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