Name: Residential / Commercial BLDG
SKU: 10614
Price: 37874234 AED
Availability: InStock

Emirates Property Auction
Residential / Commercial BLDG

Property Id # 10614

Residential / Commercial BLDG

Al Mararr - Dubai

6,650.00 ft²

GCC

Commercial,Offices,Residential

Dubai

Ends on

Oct 28, 05:00 PM

highlights

Please review these conditions before bidding on this lot.

Important Notes

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.

description

Residential Commercial Building
Al Murar area , land no.168
Municipality no.117-677
Land Use: Residential, Commercial and Offices
Authorized : Ground + 4 Floors
Plot Area : 6650 sq. ft.
Property sold unfurnished
Only for GCC
Property Details :
The building consists of a ground , 4 floors, and a rooftop.
Ground Floor : 8 shops (2 internal + 6 street-facing )
Floors 1st to 4th :each floor contain of 9 units , all consisting of 1 BR + living.
Rooftop : 1 unit with 1BR + living .
Rented
Please see the attached Property Management contract , which expires on 30 JUNE 2026.
and Please see the attached report of the Rent details received from RERA
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.
Note :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.
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.