Investor Deal | Rented Salon | High ROI

AED 3,680,000
  • 1 Bathroom
  • ~98 m² Total surface
  • ~98 m² Living area

Description

Retail Shop for Sale in Jumeirah Village Circle (JVC) Engel & Völkers is proud to present this exceptional investment opportunity in Jumeirah Village Circle. This premium retail unit is fully leased to a well-established ladies saloon, offering immediate rental income, a secure tenancy, and strong long-term returns. Property Features: - Prime Ground Floor Retail Unit - Excellent Road-Facing Visibility - Average projected yield of approximately 7.3% over the remaining lease term - Contracted 5% Annual Rent Escalation - Dedicated Parking - High Footfall Location - Surrounded by Residential Communities, Retail Outlets, Cafés, and Restaurants - Established Salon Tenant - 4 Years Remaining on Lease Property Details: - Location: Jumeirah Village Circle (JVC) - Size: 1,053 Sq. Ft. - Annual Rental Income: AED 250,000 with escalates by 5% annually - Selling Price: AED 3,680,000 - 4% DLD Fee - 2% Agency Commission Strong investment opportunity in one of Dubai's most sought-after residential communities. Ideal for investors seeking stable returns and long-term capital appreciation Financial Summary: - Annual Rent: AED 250,000 - 5% Annual Escalation - Total Projected Rental Income (Next 4 Years): AED 1.08M+ Asking Price: AED 3,680,000 For more information or to schedule a viewing, contact Engel & Völkers Dubai.
Features
NetworkedDining in buildingConference roomLobby
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Engel & Völkers Dubai MMC Commercial

Your advisor: Rabail Fatima

Property ID: G-04AD6U

Property details
  • Property type

    Store

  • Bathrooms

    1

  • Parking spaces

    2

  • Total surface

    ~98 m²

  • Living area

    ~98 m²

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