Annual lease from RAK govt is AED 36,000 (10/sqm) for 25 years and can be renewed after 25 years.
It is a perfect commercial asset for industries or even for investors as it can be rented at AED 1. 2 million yearly.
Asking price is AED 10,000,000 Company Profile: Cluttons is an international real estate services company with 40 years experience in the UAE. Cluttons operates in both the residential and commercial property markets with services including residential sales and lettings, commercial leasing and investment, consultancy, property management and valuation.