Income-Producing 100-Room Labour Accommodation Building in Al Quoz, Dubai

Property Overview

This 100-room labour accommodation building in Al Quoz, Dubai, is offered at AED 35,000,000 and is described by the agent as rented at AED 6,500,000. If that figure is annual rent, it represents a gross yield of about 18.6% on the asking price before operating costs. The agent presents it as a hot deal.

Property Highlights

• Asking price: AED 35,000,000
• Asset: labour accommodation building, 100 rooms (agent-stated)
• Stated rent: AED 6,500,000 (agent-stated; period to be confirmed)
• Gross yield if annual: about 18.6% (calculated, before costs)
• Price per room: about AED 350,000 (calculated)
• Rent per room if annual: about AED 65,000 (calculated)
• Location: Al Quoz

Why This Listing Is Classified as Below Market

The agent presents this as a hot deal with existing rental income. The brief does not include an original price, DLD transactions or comparable sales of labour accommodation in Al Quoz, so DPF has not calculated a discount and does not claim a specific saving.

The Below Market classification is pending DPF confirmation. For income-producing assets, buyers usually judge value on net yield. Ask for the lease, rent payment history and operating costs to calculate the net return before comparing with other offers.

About Al Quoz

Al Quoz is an established industrial and commercial district in central Dubai, home to warehouses, workshops, showrooms, creative studios and worker accommodation. Its central position near Sheikh Zayed Road and Al Khail Road makes it a common base for labour housing serving nearby business districts.

The Building and Tenancy

The agent describes a 100-room labour camp let at AED 6,500,000. The building's plot size, built-up area, number of floors, bed capacity, age, tenant identity, lease term and whether the rent is annual were not supplied. A single corporate lease and a room-by-room letting carry very different risks, so confirm which applies.

Ownership, Permits and Due Diligence

Before making an offer, confirm the title deed and whether the plot is freehold, leasehold or a type that restricts who may own it. Labour accommodation in Dubai also needs to comply with authority requirements on occupancy, fire safety and facilities, so request the building completion certificate, current permits and inspection records. Legal, technical and valuation advice is recommended.

Location and Connectivity

Al Quoz sits between Sheikh Zayed Road and Al Khail Road. DPF has not verified journey times or the exact plot location.

Verification Notes

• Agent-supplied: asset type, 100 rooms, Al Quoz, AED 6.5M rent, hot-deal positioning, price.
• Calculated by DPF: gross yield, price per room and rent per room, assuming the rent is annual.
• External research: none; Al Quoz description is general area knowledge.
• Not supplied: plot and built-up area, floors, bed capacity, tenure, title, lease terms, tenant, rent period, operating costs, permits.