Initializing Plotae

A rare opportunity to acquire approximately 1.4 million sq ft of industrial land in a premium Dubai industrial zone, featuring a 250,000 sq ft Grade A warehouse and over 1 million sq ft of vacant land with expansion potential.
The property combines an existing warehouse asset with substantial scope for further development under a 50-year lease structure.
Based on an indicative rental rate of AED 80 per sq ft per year, the existing 250,000 sq ft warehouse offers projected annual gross rental income of AED 20 million.
The temperature-controlled specification supports positioning for occupiers requiring controlled storage conditions, subject to completion of cooling works and tenant requirements.
The vacant land provides scope for additional warehouse development, subject to planning, access, parking, utility and authority requirements.
The indicative investment scenario assumes:
With an acquisition price of AED 110 million and an additional construction budget of AED 162 million, the total indicative investment is AED 272 million.
Following expansion and full occupancy, the combined projected annual gross rental income is AED 65.5 million, representing an indicative gross rental yield of approximately 24.1% before land rent, operating expenses and other costs.
This property offers investors and industrial occupiers an existing warehouse asset, substantial vacant land and a long-term lease structure in Dubai. It provides flexibility to explore further warehouse development or an operational campus, subject to permitted use and approvals.
Offer valid until 12 October 2026, subject to availability and seller confirmation.
Contact us to request the detailed investment proposal, confirm lease terms or arrange a confidential property discussion.
Area Size
1,000,000 sq.ft
Land Area
1,400,000 sq.ft
Status
For Sale
Property Price
AED 110,000,000
Location
Dubai
UNITED ARAB EMIRATES
United Arab Emirates
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