Prime Commercial Plot: 19,000 Sqft for Lease, Ideal for Hypermarket or Sports Complex in Al Muhaisna

Property Details:
Property Type: Commercial Plot (Can Build Hyper-market or Sports Complex)
Location: Al Muhaisnah 4
Deal Type: Long Term Lease for 10 to 15 Years

Rental Information:
Annual Rent: AED 130 Per Sqft (Total AED 2,470,000/- Excluding All)
Tax: 20% of Annual Rent + 5% VAT
VAT: 5% of Annual Rent
Security Deposit: 10% of Annual Rent (Refundable)
Agency Fees: 10% Annual Rent

Plot Details:
Plot Area: 19,000 Sqft

Usage:
Commercial

This 19,000 sqft commercial plot in Al Muhaisnah 4 is available for long-term lease for 10 to 15 years. With the flexibility to build either a hypermarket or a sports complex, this plot offers versatile options for commercial development. The annual rent is AED 130 per sqft, totaling AED 2,470,000 excluding all additional charges.