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19,500,000

Own this from just

70,179 AED/month

Property details

Bathrooms
1 Bath
Property type
Retail
Furnishing
Furnished
Area
8,547 ft²
Price per area
AED2,281/ft²
Available from
19 Aug 2026

RETAIL FOR SALE IN PALACE TOWER 3, PALACE TOWERS

RETAIL FOR SALE- HIGH ROI - INVESTOR OPPORTUNITY!

BLACKSTONE GULF is pleased to present an exceptional income-producing investment opportunity in the heart of Dubai Silicon Oasis.

The Asset comprises five interconnected retail units, fully leased to an established children's nursery operator that has successfully occupied the premises for approximately 10 years. The tenant operates 36 locations across the UAE, providing investors with a strong operational track record and stable recurring income.

Permit No.: 7127856200

Total Area: 8,547 sq. ft.
Units: 5 interconnected retail shops
Parking: 10 spaces (2 per unit)
Lease Expiry: 1 July 2034
Occupancy: Fully Leased – Anchor Tenant
Title: Leasehold

SIZE BREAKDOWN
Shop 1: 1,332.03 sq. ft.
Shop 2: 1,332.03 sq. ft.
Shop 3: 1,340.00 sq. ft.
Shop 4: 2,442.01 sq. ft.
Shop 5: 2,101.01 sq. ft.

RENTAL INCOME - Escalation every two years

Years 1–2: AED 1,474,012.50 p.a.
Years 3–4: AED 1,503,492.75 p.a.
Years 5–6: AED 1,548,597.54 p.a.
Years 7–8: AED 1,610,541.44 p.a.
Year 9: AED 1,691,068.50
Year 10 (11 months): AED 1,550,146.13

Service Charge: AED 18.15/sq. ft. p.a.
Asking Price: AED 19,500,000 – Slightly Negotiable

KEY INVESTMENT HIGHLIGHTS
* Fully leased, income-producing asset
* Established tenant with 10 years of occupancy
* Long-term lease secured until July 2034
* Contracted rental escalations
* Tenant operates 36 locations across the UAE
* Prime Dubai Silicon Oasis location
* Stable recurring rental income
* Strong tenant covenant and operational track record

A compelling opportunity to acquire a substantial retail asset backed by an established anchor tenant, long-term lease commitment and contracted rental growth.

Images are for illustrative purposes only, as the Asset is currently tenanted and discretion is being maintained. Private viewings may be arranged upon request, subject to prior appointment and coordination.

Amenities

Furnished

Covered Parking

Networked


Location

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Palace Tower 3

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Agent Sabele Buraik
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Sabele Buraik

4.6

Response time

within 30 minutes

Closed Deals

3

Languages

English, Arabic

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Regulatory information
Regulatory information

Reference

BGR-S-R-SABU-1015772

Listed

1 month ago

Broker License

1961

Agency name

BLACKSTONE GULF REAL ESTATE BROKER L.L.C

Zone name

Nadd Hessa

Agent License

34256

Agent Sabele Buraik

Sabele Buraik

4.6

Usually responds within 30 minutes

BLACKSTONE GULF REAL ESTATE BROKER L.L.C developer Logo

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