Labour and Executive Accommodation Construction Project For Sale

Business description

The project is to build a permanent labour accommodation facility in the industrial townships of Dubai

Over the next two years, the facility will handle up to 800-1000 workers in a healthy modern state of the art accomadation
Ongoing Economic Crisis gives the UAE market to undergo market correction and the demand for Econbomic housing and affordable housing and properties would triple in about 2 years to come.This would add up to the existing demand of quality work force accomadation

Dubai has master plans approved until 2030 and with more than 300 5 star hotels,Airports and dedicated Cities still growing allows us an opportunity to take advantage of the Global reccession and get geared for new opportunities arising after market corrections

The braekeven is acheived well within 2-3 years of project initiation and the profitabilty is almost 800%

Property information

Real Estate:

Lease

Lease terms:

18 years Minimum

Location:

Workers Township Around Dubai Airport

Other information

Expansion potential:

With US and Europe tax structures growing and Dubai being a more stable Platform for Offshore Business after the Global reccession it would become a neccessity for the Dubai Government to promote itself as a tax free,hazzle free,investor friendly country.

Dubai still enjoy as the only Business Hub bridging the developing East and the stabilizing west.All of this gives Dubai Businesses and Dubai Infrastructure projects to continue and grow but in a more stable,planned way

Competition / Market:

After the current Econbomic Crisis unimaginable premium profits would be cut down to Ethical business profits. The sudden rise of dubai in the last 5 years has made dubai market look like a speculative quick money making arena and the the market was being carried away from genuine investors looking for longer term business profits

Reasons for selling:

Looking for a quality investment partner