435.7m² Shop in Dubai, UAE No. 167226
ID167226
$ 1 633 764
Property description
fam Properties is pleased to offer this exclusive retail unit for sale in Jumeirah Lake Towers (JLT) a fully fitted, furnished, and equipped restaurant currently tenanted by Status KVO Shisha Lounge, generating immediate rental income from day one.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.
fäm Properties
Contact Us - +971-42755128
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
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.
fäm Properties
Contact Us - +971-42755128
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com
Trakheesi Permit: 7125008000
Contact the seller
Dubai
Shop
435.7 m²
- m²
- sq. ft
$ 1 633 764
