INVESTORS DEAL | STRONG ROI | PRIME RETAIL

Type: Retail / shop
Bathrooms: 0
Built-up area: 1,567 sqft
Price per sqft: 3,510 AED

Property details

Type: Retail / shop
Purpose: For sale
Bathrooms: 0
Built-up area: 1,567 sqft (146 m²)
Completion: Ready to move in
DLD permit: 71547107154

Amenities

Covered parking

Description

Prime Retail Investment Opportunity at Binghatti Tulip JVC This is not just a retail unit, it is a stable income-producing asset positioned within a built-in catchment of thousands of surrounding apartments, ensuring consistent daily footfall and strong tenant demand. Investment Overview: •⁠ ⁠Size: 1567.87 sqft •⁠ ⁠Price per sqft: AED 3,500 •⁠ ⁠Current retail transactions are over 4,000 AED psf Income & Returns: •⁠ ⁠Annual Lease: AED 500,000 •⁠ ⁠Service Charges: AED 23,535 per annum •⁠ ⁠Net Income: AED 476,465 per annum Net ROI: 8% In today’s market, an 8% net return in a prime Dubai residential catchment represents a highly competitive yield, particularly within JVC, where rental demand for retail services remains strong and supply of well-positioned units is limited.

Location

Binghatti Tulip, District 11, Jumeirah Village Circle, Dubai

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

View on map

Similar properties

SaleNew

Permit verifiedRetail / shop

Ready Soon | Next To Circle Mall | HIGH ROI

District 11, Dubai

Permit verifiedWhole building

Whole-Block Residential Investment | JVC

District 11, Dubai

Permit verifiedRetail / shop

Road Facing || Best Location || Exclusive

District 11, Dubai