SPV-LX-002 Hamriyah

Hamriyah Free Zone Block

A ring-fenced SPV within the Sharjah corridor holding freehold industrial land weighted at 11% of the underlying land bank. Positioned for infrastructure-led capital appreciation over a 3–5 year horizon.

Tier 1 AssetDFSA AlignedFreehold • Industrial
Hamriyah Free Zone Block — Primary view

Primary image is an AI-generated MVP concept, not verified property photography. Boundaries and scale are approximate; underlying land, building or floor ownership requires confirmation in the investment documents.

01 — Overview

Landx SPV Detail

SPV Identifier · SPV-LX-002

Hamriyah Free Zone Block

Sharjah corridor

01 / 06

Total Land Purchase

AED 6.3M

Base Acquisition

Total Area

33,000

sq.ft. freehold

Price / sq.ft.

AED 190

1 Unit / 1 sq.ft.

Funding Progress

02 / 06
85%Funded

9,084

Investors

28,050 / 33,000

Units Sold

Total Land Area

33,000

sq.ft.

SPV Units

33,000

Units

Price Per Unit

AED 190

Per Unit

Target Investors

9,124

Investors

Ownership

Freehold

100%

Development Type

Infrastructure

Logistics Zone

03 / 06

Investment Thesis

Strategically located in the Sharjah ecosystem, one of the region's leading logistics hubs. Backed by world-class infrastructure, multimodal connectivity, and strong demand from global trade and e-commerce growth — positioned for sustained capital appreciation over the 3–5 year holding horizon.

04 / 06

Growth Catalysts

  • 01DP World Global Ecosystem
  • 02Al Maktoum Airport Expansion
  • 03Dubai South Master Plan 2030
  • 04Rising Logistics Demand
  • 05E-commerce & Trade Growth
  • 06Freehold Title Security

Ownership Structure

05

Investors

Hamriyah Free Zone Block

SPV-LX-002

Future Exit

Options

Investors own units in the SPV which holds the legal title to the land.

Infrastructure Connectivity

06
  • Al Maktoum Intl Airport12 km
  • Jebel Ali Port18 km
  • Sheikh Zayed Road1.5 km
  • Proposed Metro Station2.8 km
  • Downtown Dubai25 min

Secondary Market

Live
  • Last Trade PriceAED 210.00
  • Today's VolumeAED 1.24M
  • Buy Orders (Total)38,420
  • Sell Orders (Total)21,150
  • Liquidity ScoreA+
View Marketplace

Financial Snapshot

AED

Base Asset Value

AED 74,20,000

Base SPV Acquisition Price

AED 63,07,000

Entry Benefit

15% discount from current market price

Projected 5-Yr Appreciation

+110% · AED 6.9M

SPV Balance Sheet
Land Parcel O-70
Freehold • 33,000 sqft × AED 190/sqftAED 6.3M
Site Infrastructure
Roads, utilities, perimeterAED 24K
Cash Reserve
Operating + capex bufferAED 13K
Total SPV Value
Land + infrastructure + reserveAED 6.3M

SPV Entity

Landexa SHJ Ind 40 SPV Ltd

Jurisdiction

DIFC, Dubai

Location

Hamriyah, UAE

02 — Risk & Returns

Scenario Modelling

Bear Case

8.2%

IRR • 1.5x MOIC

Re-lease at -10% on expiry

Base Case

11.5%

IRR • 1.9x MOIC

Underwritten case

Bull Case

14.1%

IRR • 2.2x MOIC

Cap rate compression on exit

Tenant Credit

Single tenant covenant; mitigated by 12-month deposit.

Capex

Roof refurbishment scheduled year 4, fully reserved.

Currency

AED-denominated; pegged to USD.

03 — Due Diligence

Verified Documentation

Title Deed & Survey

PDF • 1.5 MB

SPV Constitutional Docs

PDF • 860 KB

JLL Valuation

PDF • 3.2 MB

Master Lease

PDF • 1.9 MB

04 — Location

Infrastructure Connectivity

Al Maktoum Intl Airport12 km
Expo City Dubai18 km
Jebel Ali Port18 km
Sheikh Zayed Road1.5 km
Proposed Metro Station2.8 km
Downtown Dubai25 min

05 — Benchmark

Returns Comparison

This SPV
11.5%
Landexa Industrial Avg.
12.6%
UAE REIT Index
7.9%
Sukuk 5Y
4.8%
GCC Equity Index
9.2%

Comparison figures are indicative trailing 5-year annualised returns. Past performance is not a reliable indicator of future results.

More

Other SPVs in Sharjah