OMiK HOLDiNG
Illustrative image

Key facts

Property type
Labour accommodation
Purpose
For rent
Area
232,500 sq ft
Emirate
Ajman
Project
سكن عمال
Rent payment
6 cheques

Description

1. Project overview - Plot area: 21,600 sq m - Total built-up area: 232,500 sq ft 2. Accommodation capacity - 747 purpose-built labour accommodation rooms - 68 one-bedroom apartments converted into 136 additional labour rooms - 50 large shops within the project Total capacity: 5,298 persons 3. Project status - Ready for final finishing works and operational fit-out 4. Lease terms - Term: 5 years - Annual rent: AED 10,000,000 - Grace period: one year for maintenance, finishing and fit-out 5. Payment plan - Down payment: AED 2,500,000 - Rent for the following years payable in 4 to 6 instalments a year 6. Commission and guarantees - Commission: 10% - Security cheque: 10%

Ref: RE-2026-1640 · Published 07/11/2026