Name: Furnished Retail Spaces for rent in Al Rashidiya 1
Brand: Property Finder

Al Rashidiya

Al Rashidiya 1, Al Rashidiya

Gulfa Towers

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Furnished Retail Spaces for rent in Al Rashidiya 1

Sarah Charlah

DORRAT AL MORJAN REAL ESTATE L.L.C

For sale: A fully-furnished commercial mall in a strategic location, spanning 76,500 square feet with a built-up area of ​​approximately 150,000 square feet. It consists of a basement, ground floor, and first floor, making it an integrated investment project that meets all commercial and entertainment needs.

The basement includes 82 parking spaces to facilitate access for visitors and tenants. The ground floor houses 11 shops, each 1,000 square feet in size, in addition to a 6,000-square-foot storefront, a supermarket of approximately 26,000 square feet, a coffee shop, and RAK Bank. The ground floor also includes 12 kiosks to provide additional sales opportunities.

The first floor includes 22 shops, each measuring 1,000 square feet, in addition to a 6,000-square-foot storefront, an approximately 8,000-square-foot gaming hall, and a restaurant area ranging between 700 and 8,000 square feet, with approximately 12 additional kiosks to expand the range of services.

The mall's current annual revenue is AED 6 million, with revenue expected to exceed AED 16 million upon full operation of the mall's spaces and facilities. The asking price for the entire mall is AED 130 million, with the possibility of partial investment of AED 10 million. This is a unique investment opportunity for investors seeking an integrated commercial project in a strategic location with high returns and growing demand.

Furnished Retail Spaces for rent in Al Rashidiya 1

Integrated mall, supermarket and coffee shop

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