RAMRERIYADAT AL MAKAN
0
PROPERTY COLLECTION / JLT - Jumeirah Lake Towers

Retail Space for Sale in JLT - Jumeirah Lake Towers

JLT - Jumeirah Lake Towers · Star Giga

Property type
Retail
Bathrooms
2
Size
4,690 sqft
Parking
0
Location
JLT - Jumeirah Lake Towers
View
Lake
Completion
Q4 2011

About Retail Space for Sale in JLT - Jumeirah Lake Towers

Investment Highlights:

Asking Price: AED 6 million

Annual Rent: AED 336,000 | Paid in 4 cheques

ROI: 5.6% ROI (after service charges)

Annual Service Charges: AED 27,000 (paid quarterly)

Property Features

∙ Net Internal Area: 2,003 sq ft

∙ Private Terrace: 2,686 sq ft with unobstructed lake views

∙ Combined potential area: 4,689 sq ft (terrace can be enclosed as a glasshouse, subject to approvals)

∙ Ceiling Height: 4.5 m

∙ Power Load: 100 KW (well-suited for F&B operations)

∙ Private & common restrooms

∙ Staff gym access

Why This Property Stands Out

The expansive private terrace with full lake views is a rare asset in JLT, offering the incoming operator a genuine opportunity to expand the dining footprint through a glass enclosure, significantly enhancing the customer experience and revenue potential.

Additionally, a hotel is planned within the same cluster. Upon completion, this will qualify the unit for an alcohol license — a milestone that historically drives meaningful appreciation in F&B asset values in Dubai.

An absolute hidden gem with strong fundamentals and significant upside.

Amenities

  • ✓ High floor
  • ✓ Furnished
  • ✓ Waterfront View
  • ✓ Balcony
  • ✓ Privacy
  • ✓ Investment Property
  • ✓ Upgraded
  • ✓ Close to metro
  • ✓ Fitted

Property details

Bathrooms2
Size4,690 sqft
Property reference63077
TypeRetail
Bath2
Parking0
DeveloperStar Giga
ViewLake
Ref no.CS-63077
CompletionQ4 2011
Listed3 weeks ago
Number of payments192
Monthly instalmentAED 31,770
Total interestAED 1,599,807
Amount borrowedAED 4,500,000

Location

View location on Google Maps ↗