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
| Bathrooms | 2 |
|---|---|
| Size | 4,690 sqft |
| Property reference | 63077 |
| Type | Retail |
| Bath | 2 |
| Parking | 0 |
| Developer | Star Giga |
| View | Lake |
| Ref no. | CS-63077 |
| Completion | Q4 2011 |
| Listed | 3 weeks ago |
| Number of payments | 192 |
| Monthly instalment | AED 31,770 |
| Total interest | AED 1,599,807 |
| Amount borrowed | AED 4,500,000 |
