Any seller/landlord or agent thereof can list a plot or building for sale or rent on this platform for free. In this regard, you are encouraged to follow the structure below for property description.
- Sample Plot for RENT
- School Plot for Rent
- Al Barsha 1
- Open Curriculum
- KG – G12
- Capacity 4,000 student
- G+3
- Plot 360,000+ sqft
- GFA 250,000+ sqft
- AED 5 million p.a
- Sample Building for RENT
- Staff Accommodation for Rent
- Brand New Building
- Al Quoz
- Room Configuration
- Ready to move in
- B+G+8
- 600 ROOM (ensuite)
- Capacity 1300 BED
- AED 14M p.a. (quarterly payments)
- Sample Plot for SALE
- Plot for Sale
- JVC
- Freehold
- Mixed Use
- G+10
- Plot 20,000 sqft
- GFA 167,000 sqft
- AED 15 million
- pls note that Traakhees commonly use the term BUA. This is equivalent to GFA term used by DM and DDA.
- Sample Building for SALE
- Residential Building for Sale
- JVC
- Freehold
- Completion 2018
- 2B+G+4+R
- 70 Apt + 3 Retail
- 10 STD, 30 1BHK, 30 2BHK
- Plot 34,000 sqft
- BUA 215,200 sqft
- NSA Residential 85,000 sqft
- NSA Retail 3,300 sqft
- Swimming Pool
- Central AC
- Fully Rented
- Income AED 4.5M p.a @ 100% occupancy
- Expenses AED 500k p.a
- NET AED 4M p.a
- AED 57M (ROI 7%)
The following terms of engagement apply,
- The person sharing the information should be officially authorized to promote the sale or rent of the property on behalf of the seller or landlord.
- Plots & Buildings is committed to protect the information provided in the best interest of the sender.
- The property full identify will not be disclosed upon listing but rather the minimum information required to create interest.
- Upon receiving an inquiry by a potential buyer or tenant for a listing, Plots & Buildings will prequalify the applicant under the legal umbrella of West Gate Real Estate and act as the buyer or tenant agent throughout the process.
- Upon receiving an inquiry by an agent who represents a potential buyer or tenant for a listing owned by a third party then Plots & Buildings will connect the two agents against a referral fee. The process will be controlled under the legal umbrella of West Gate Real Estate to the best interest of both agents; seller/landlord agent and buyer/tenant agent.
- A buyer/tenant or agent thereof can inquire about any listing on this platform; however, the property identity will not be disclosed if the buyer/tenant identity is not disclosed. This shall be protected by the relevant agreements as per Rera formalities. In addition, the buyer/tenant should be prequalified prior to any engagement. This may include financial prequalification to ascertain the buyer/tenant ability to proceed.
- A buyer/tenant agent should have a written mandate from his client to source the market for the required property. The mandate should be backed by a confidentiality, non-disclosure & non-circumvention agreement along with the necessary supporting documents (proof of identification and business profile).
- To submit an offer this requires a non-binding letter of intent with an indicative figure (subject to due diligence) backed by proof of funds. The proof of funds can be skipped for a buyer/tenant with a very solid business profile.
Contact Details
If you have any questions/comments about our terms of engagement then please email us on [email protected]