العربية
Property Id # 9864
Commercial Building
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- Emirates Property Auction
- Commercial Building
Property Id # 9864
Commercial Building
Al Qusais Industrial Second - DubaiAdd to Watchlist
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20,599.97 ft²
GCC
Commercial,Offices,Residential
Dubai
Add to Watchlist
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20,599.97 ft²
GCC
Commercial,Offices,Residential
Dubai
Ends on
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
- Commercial Building
- Al Qusais Industrial Second
- land no. 17 , Municipality no. 243-282
- Land Use: Residential, Commercial and Offices
- Authorized :Ground + 4 Floors
- Plot Area: 20,599.97 sq. ft.
- The Furniture is not included in the sale
- Only for GCC
- Property Details as follow :
- The building consists of a ground + 4 floors.
- The ground floor consists 6 commercial shops.
- Each floor from the 1st to the 4th consists of 6 units.
- Rented
- Please see the attached Property Management contract , which expires on 29 August 2027.
- 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.
Bidding requirements
In order to bid on this property, buyer needs to deliver a manager’s cheque of at least
ê5,800,000
(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.
- Rent report Arabic
- Rent report English
- Building Management Contract
- Municipality Plan
property location
Inspect the property in person before the auction closes.
