Investor Deal |Retail| Lowest Price in the Market

AED 5,000,000
  • 1 Bathroom
  • ~111 m² Total surface
  • ~111 m² Living area

Description

An exceptional opportunity to acquire a premium retail unit in the highly anticipated Binghatti Skyrise development in Business Bay. This 1,196 sq.ft. retail unit is being offered as a genuine sale at AED 5,000,000 (including VAT). Originally released by the developer at AED 7.6 million, the current owner secured the unit for AED 5.87 million (including VAT) and is now prepared to exit below his acquisition price, creating a rare opportunity for investors and end-users to enter one of Dubai's most prominent upcoming mixed-use developments at a significant discount. Key Investment Highlights - Retail Size: 1,196 sq.ft. - Asking Price: AED 5,000,000 (incl. VAT) - Original Developer Price: AED 7,600,000 - Current Discount vs. Developer Price: AED 2,600,000+ - Seller's Loss: AED 870,000+ - Located within a development comprising approximately 3,300 residential apartments - Only 31 retail units serving the entire community - Excellent visibility and long-term footfall potential - Suitable for F&B, café concepts, retail, wellness, and service operators - Prime Business Bay location - Anticipated completion in 2027 With only a limited number of retail units available within the project and a substantial future resident population, this represents one of the strongest retail investment opportunities currently available in Business Bay. Engel & Voelkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts and aviation, with 1000+ offices in over 30 countries. Contact Engel & Voelkers today for further details.
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Engel & Völkers Dubai MMC Commercial

Your advisor: Alper Mutu

Property ID: G-04AGHO

Property details
  • Property type

    Store

  • Bathrooms

    1

  • Parking spaces

    2

  • Total surface

    ~111 m²

  • Living area

    ~111 m²

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