AED 19,500,000
Own this from just
70,179 AED/month5 Bathrooms
1,332 sqft / 124 sqm
RETAIL FOR SALE IN PALACE TOWER 2, PALACE TOWERSBlackstone Gulf presents an exceptional investment opportunity in Dubai Silicon Oasis—a fully rented bulk retail space comprising five interconnected shops leased to a well-established children’s nursery for 7 years with a 10-year extension request.
This stable, long-term investment offers guaranteed rental income with increasing returns. If you wish to occupy, a 12-month notice must be given by April 2024 for a smooth transition.
PROPERTY DETAILS
Location: Dubai Silicon Oasis – Palace Towers
Total Area: 8,547 sqft
Shops: 5 interconnected retail units
Rented Until: July 1, 2034
ANCHOR TENANT
LEASEHOLD TITLE
SIZE BREAKDOWN
Shop 1: 1,332.03 sqft
Shop 2: 1,332.03 sqft
Shop 3: 1,340 sqft
Shop 4: 2,442.01 sqft
Shop 5: 2,101.01 sqft
RENTAL INCOME (Escalation Every 2 Years)
Year 1-2: AED 1,474,012.50/year
Year 3-4: AED 1,503,492.75/year
Year 5-6: AED 1,548,597.54/year
Year 7-8: AED 1,610,541.44/year
Year 9: AED 1,691,068.50
Year 10 (11 months): AED 1,550,146.13
Service Charge: AED 18.15/sqft per annum
Asking Price: AED 19,500,000 ( SLIGHTLY NEGOTIABLE)
ABOUT PALACE TOWERS
Palace Towers is a prime mixed-use development offering breathtaking city views, modern layouts, and high-tech office spaces, making it a highly sought-after landmark in Dubai.
ABOUT DUBAI SILICON OASIS
A 7.2 million sqm tech hub, Silicon Oasis blends residential, commercial, and recreational spaces, making it an ideal investment hotspot. Well-connected via Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road, it offers a thriving business and lifestyle community.
WHY INVEST?
Long-Term Bluechip Tenant
10-Year Extension Request
High Rental Yield & ROI
Prime Location in Dubai Silicon Oasis
Escalating Rental Income Secured Until 2034
COMPANY PROFILE
We are so much more than a full-service real estate firm. We're a group of talented people with a passion for 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 +971 52 628 2552 / +971 4 554 0535 for further details and viewing.
RETAIL FOR SALE- HIGH ROI - INVESTOR OPPORTUNITY!
This stable, long-term investment offers guaranteed rental income with increasing returns. If you wish to occupy, a 12-month notice must be given by April 2024 for a smooth transition.
PROPERTY DETAILS
Location: Dubai Silicon Oasis – Palace Towers
Total Area: 8,547 sqft
Shops: 5 interconnected retail units
Rented Until: July 1, 2034
ANCHOR TENANT
LEASEHOLD TITLE
SIZE BREAKDOWN
Shop 1: 1,332.03 sqft
Shop 2: 1,332.03 sqft
Shop 3: 1,340 sqft
Shop 4: 2,442.01 sqft
Shop 5: 2,101.01 sqft
RENTAL INCOME (Escalation Every 2 Years)
Year 1-2: AED 1,474,012.50/year
Year 3-4: AED 1,503,492.75/year
Year 5-6: AED 1,548,597.54/year
Year 7-8: AED 1,610,541.44/year
Year 9: AED 1,691,068.50
Year 10 (11 months): AED 1,550,146.13
Service Charge: AED 18.15/sqft per annum
Asking Price: AED 19,500,000 ( SLIGHTLY NEGOTIABLE)
ABOUT PALACE TOWERS
Palace Towers is a prime mixed-use development offering breathtaking city views, modern layouts, and high-tech office spaces, making it a highly sought-after landmark in Dubai.
ABOUT DUBAI SILICON OASIS
A 7.2 million sqm tech hub, Silicon Oasis blends residential, commercial, and recreational spaces, making it an ideal investment hotspot. Well-connected via Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road, it offers a thriving business and lifestyle community.
WHY INVEST?
Long-Term Bluechip Tenant
10-Year Extension Request
High Rental Yield & ROI
Prime Location in Dubai Silicon Oasis
Escalating Rental Income Secured Until 2034
COMPANY PROFILE
We are so much more than a full-service real estate firm. We're a group of talented people with a passion for 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 +971 52 628 2552 / +971 4 554 0535 for further details and viewing.
Property details
Property Type
Retail
Property Size
1,332 sqft / 124 sqm
Bathrooms
5
Available from
5 Mar 2025
Location
Provided by
Exclusively on Property Finder
Response time
within 1 hour
Closed Deals
3
Languages
English, Arabic
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Monthly payment
70,179 AED
with interest rate of
3.75%
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Regulatory information
Reference
blackstone-13846727
Listed
2 months ago
Broker License
1961
Agent License
34256
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Own this property from just
70,179 AED /month
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