Land for Lease
Parking of private vehicles, fleets, buses, and trucks
Parking
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Jebel Ali Industrial Area 1
Approximately 844,000 sq. ft.
Property Features
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Parking of private vehicles
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Parking of fleet
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parking of Buses
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parking of Trucks
Land Description
Estimated Annual Rent
AED 16,880,000, subject to confirmation of the final leasable area.
Lease Term
Three years, followed by annual renewals subject to mutual written agreement.
Rent Escalation
Following the initial three-year term, the Landlord may, at its discretion, apply an annual rent increase of 15% over the preceding year’s annual rent for each renewal, subject to applicable laws. Each renewal shall be subject to mutual written agreement on the revised rent and other applicable terms.
Subleasing
Not permitted.
Amenities
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Parking