AED 5,000,000

Own this from just

20,565 AED/month
2 Bathrooms
4,690 sqft / 436 sqm
RETAIL FOR SALE IN INDIGO ICON, JLT CLUSTER F

Great investment opportunity with 5.5% ROI NET

f m Properties is pleased to offer this exclusive property for sale located in JLT, an established restaurant that is (fully fitted, furnished, and kitchen equipment). The property is available for sale.

Comments: The property is currently rented to Status KVO Shisha Lounge
Yearly rent is AED 320,000
Method of Payment is 4 Cheques
Yearly Service Charges are AED 27,000 per a year paid quarterly
The property generates around 5.5% ROI NET.

The internal size is 2003 sq ft and it is connected to a private terrace of 2,686 with full lake view, which the new owner and/or tenant can build a glasshouse to bring total size of the restaurant to 4690 sq ft. An absolute hidden gem with unlimited possibilities.

Furthermore, in the same cluster there is going to be a 5 start hotel, which in the near future the restaurant will be qualified to obtain alcohol license and this will have a great effect of property appreciation in the near future.

About the property

Size 2,003 sq ft net area, with private terrace 2686 sq ft
Well maintained
Power Load 100 KW
Ceiling Height: 4.5 m
Private and Common toilet are available
Gym access to employees
Investment of instant Gratification 5.5% ROI NET

Property details

Property Type

Retail

Property Size

4,690 sqft / 436 sqm

Bathrooms

2

Available from

1 Apr 2025


Location

Map preview
Jumeirah Lake Towers Community
Jumeirah Lake Towers
Community Insights
3.9/5389 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

470K-55M AED

Provided by

Response time

within 5 minutes

Experience

14 years

Closed Deals

5

Languages

English, Arabic

See agent properties (5)

Get the right mortgage for you

300,000 AED200,000,000 AED
30%
1,500,000 AED4,000,000 AED
70%
1,000,000 AED3,500,000 AED
1 year25 years
%
1%10%

Estimate your monthly mortgage payment

Monthly payment

17,995 AED

with interest rate of

3.75%


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Regulatory information
Regulatory information

Reference

PF-Sep-Thirteen-CS-63077

Listed

4 hours ago

Broker License

1858

Agency name

F A M REAL ESTATE BROKER L.L.C (BRANCH)

Zone name

Al Thanyah Fifth

DLD Permit Number:

7125008000

Agent License

49256

DLD Permit Number

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