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Blackstone Gulf Real Estate presents a brand-new labour accommodation investment opportunity in Muhaisnah 2, handed over in August 2026 and MOHRE-approved for up to 170 labourers.
PROPERTY HIGHLIGHTS
Asking Price: AED 10,000,000
BUA: 15,719 sq. ft.
Plot: 4,800 sq. ft.
G+2 + Roof/Service Level
33 approved rooms:
29 accommodation,
3 supervisor
1 labour service room
2 commercial shops
First-aid, watchman & prayer rooms
Kitchen & dining facilities
99-year leasehold land arrangement
Annual land lease: AED 45,000
INCOME & INVESTMENT
Existing sublease: 30 rooms generating AED 930,000 p.a. to the owner.
Seller-stated net ROI: Approx. 8.85%.
The operator assumes applicable maintenance, security, utilities and sublease-related operating costs.
Total underlying contracted income: Approx. AED 1.79M p.a.
Accommodation: AED 1.65M p.a.
2 Shops: AED 140K p.a.
The structure provides immediate income with future rental upside. Subject to contractual and legal requirements, a 12-month notice to vacate may allow subsequent re-leasing at a higher rental level, subject to market conditions and approvals.
Agency Commission: 2% + 5% VAT
Please Note: Listing images are for illustrative purposes only to maintain confidentiality and discretion.
COMPANY PROFILE
We are more than a full-service real estate firm. Our team is passionate about identifying opportunities to maximize property investment returns while delivering exceptional client service.
Blackstone Gulf Defined by Structure. Driven by Intent.