Property details

Amenities

• Covered parking

Description

This retail unit occupies one of only two commercial spaces in the entire G+1 building, making it an exceptionally rare asset in one of Dubai's most established waterfront destinations. Property Details: Selling Price: AED 7,990,000 Size: 3,296 sqft Low-floor location Dedicated parking space along with public parking nearby Currently operating as a ladies' salon Suitable for retail, restaurant, café, medical, beauty or office use Service Charge: AED 60,000 per year Secure Income with Significant Future Upside The property is leased until 30 September 2027, generating a stable rental income of AED 400,000 per year (paid in 4 cheques). The current lease was signed during the COVID market correction and is substantially below today's market level. Comparable commercial units in Dubai Marina are expected to achieve AED 800,000+ per year upon lease renewal, offering outstanding potential for future rental growth. Why Invest? Rare commercial asset in Dubai Marina close to the famous JBR Walk Only two retail units in the whole building Strong potential for rental uplift after current lease expiry High-demand location with limited commercial supply Excellent long-term capital appreciation potential

Location

The Point, Dubai Marina, Dubai

The pin is approximate and reflects the property's area.