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German Medical Companies
The Medical Industrial Complex
The Industrial Complex will be built on 30.000 m² of land. An initial office building is contemplated where potential partners can have their required office spaces. Other facilities will have to be dealt with on a case per case basis according to the pre-specified requirements of the potential partners. The Medical Industrial Complex is conceived and designed to house and promote the following activities:
1) Representation of Medical Industrial companies
- Representative offices
- Functional Offices
2) Showrooms: To showcase products of various medical industrial companies or dealers
2 types of showrooms:
- Tailor made Showrooms (design should be provided by the partner/client)
- Stereotype showrooms
3) Workshops:
- assembly of equipment
- manufacture of equipments and instruments
- servicing/ repair of equipments
- Application testing or possible Equipment Testing
- The design of these facilities differs from an industry to another and therefore the architectural as well as the electro mechanical design would be better provided by the partner/client.
4) Logistics
- The design of these facilities differs from an industry to another and therefore the architectural as well as the electro mechanical design would be better provided by the partner/client.
5) Storage
- The design of storage facilities for products, Instruments, equipment or pharmaceuticals should take into consideration the type, size, weight, special storage devices used, ambient temperatures and humidity required, alarm systems attached to devices and convenience of transportation of the various products dealt with by various industries. For this reason all storage facilities should be tailor designed according to requirements supplied by the partner/client. Nevertheless, Stereotype common usage warehouses are an option.
6) Integrated Entities
- There are companies who would require few of those components or would opt for all of them i.e. representative offices, functional offices, training facilities, servicing facilities units or multipurpose workshops. These companies would be invited to specify their requirements and supply Cedars International with their Structural and electro mechanical designs.
Working relationship with these companies would be based on an 8 to 15 years lease contract based on class A (Deluxe structure) Class B (Functional structure) on per sq. meter basis with a rental increase index consistent with the German increase Index of 3-4% , supported by a lease guarantee from a German or a local Bank.
We have adopted this attitude in order to avoid going by the Dubai Rent increase which has increased by 38% in 2006 despite the fact that the official rent increase is fixed to 15% per year. That is how we state our commitment to doing every thing in our capacity to make the Medical Industrial Complex as well as the remaining components of the project attractive to our potential partners and attend to all the factors that will make this project an on going success story and an important milestone in the growth of Dubai and one of the most important landmarks of the region where German Industries, University hospitals and centers of excellence would be very proud of raising their flags
Medical Industrial Complex Rentals
| For Office/ Showroom Area |
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| Total area available (approx.) | 9,945 m² | ||
| Rate per m² per year (First year) | US$.550/- | ||
| Escalation per year | 5% | ||
| Rental Guarantee for 10 years period | $6,603 | per m² per 10 years | |
| Rental Guarantee for 15 years period | $11,868 | per m² per 15 years |
| (For example an office of approx: 300 m² will cost approx: US$.165,000/- per year for the first year) |
| For Storage Area: | |||
| Total area available (approx.) | 12,155 m² | ||
| Rate per m² per year (First year) | US$.190/- | ||
| Escalation per year | 5% | ||
| Rental Guarantee for 10 years period | $2,390 | per m² per 10 years | |
| Rental Guarantee for 15 years period | $4,100 | per m² per 15 years |
| (For example a storage area of approx: 600 m² will cost approx: US$.114,000/- per year for the first year) |
| Note: Administrative/service charges; covered parking fee & other out of pocket expenses to be paid at actual on periodic/yearly basis |
Rental Offer: Medical Industries Techno Park
