Sale in Palace Tower 2: High ROI Five Combined Retail Units - Fully Rented

Blackstone Gulf presents a unique investment: 5 interconnected retail shops in Dubai Silicon Oasis, leased to an established children's nursery for 7 years. The tenant seeks a 10-year extension, offering lucrative returns. If planning to occupy, a 12-month notice is required by April 2024, ensuring a smooth transition. Invest in this stable venture at Dubai Silicon Oasis!

PROPERTY DETAILS

Total Floor Area: 8,547 sqft
Shop 1: 1332.03 sqft
Shop 2: 1332.03 sqft
Shop 3: 1340 sqft
Shop 4: 2442.01 sqft
Shop 5: 2101.01 sqft
Property Status: Rented until April 2024
Rental Income: AED 1,281,750/ per year (4 cheques) Service Charge: AED 18.15/ sqft per annum
Asking price: AED 18,000,000

ABOUT PALACE TOWERS

Palace Towers is a mixed-use development project that has become one of the leading landmarks in Dubai because of its comprehensive views of the city. Every unit of its hundreds of spacious residential apartments and 150 high-tech office suites is attractively appointed with modern layouts and designs that combine the convenience of the modern lifestyle.

ABOUT SILICON OASIS

Dubai Silicon Oasis, often called Silicon Oasis, is a 7.2 million sqm integrated tech park and free trade zone. Established in 2004, it's situated at the crossroads of Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road. This community harmoniously combines residential, recreational, and commercial spaces. Ideal for a holistic community lifestyle, Silicon Oasis offers various residential buildings and gated sub-communities, catering to individuals and families.

COMPANY PROFILE

We are so much more than a full-service real estate firm. We are a group of talented people passionate about finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible. At Blackstone Gulf, our vision is your success.

Call or WhatsApp Sabele Buraik at +971526282552 / +97145540535 for further details and viewing.

High ROI Five Combined Retail Units - Fully Rented

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