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    Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE

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    Al Quoz
    AED 27,000,000

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    Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE
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    Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE
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    Profitable Investment: Rented Shopping Mall Building in Al Quoz  | RGEstate UAE
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    AED 27,000,000

    AED 27,000,000

    Profitable Investment: Rented Shopping Mall Building in Al Quoz
    Al Quoz Al Quoz

    Facts

    AED 27,000,000
    Permit No 17531
    Reference MAK PP 4265
    Added On 03-Feb-2025
    Category Retail
    Type Shopping Mall
    Offer Type For Sale
    Size 52,000 Sq. Ft.

    Description

    Property Overview:
    • Discover this fully tenanted shopping mall building in the vibrant Al Quoz district of Dubai. Offering a diverse mix of retail shops and commercial spaces, this property presents a lucrative investment opportunity with a steady rental income stream.

    Key Features:
    • Prime Location: Situated in the sought-after Al Quoz area
    • Strong Tenant Base: Benefit from a reliable and consistent tenant occupancy
    • High ROI: Achieve a substantial return on investment with a 9.88% ROI
    • Well-Maintained Building: Features modern amenities and excellent maintenance
    • Growth Potential: Benefit from the increasing demand for commercial space in Dubai

    Financial Details:
    • Selling Price: AED 27,000,000/- (Net to Seller)
    • Current Land Lease: AED 4,726,260/- per year
    • Current Expenses: AED 924,800/- per year
    • Current Rental Income: AED 7,890,500/- per year
    • Yearly Expenses: AED 1,700,000/- per year
    • Net Income: AED 5,668,900/- Yearly
    • ROI: 9.88%
    • Transfer Charge: AED 200,000/- to AED 300,000/- (Approximate)
    • Agency Fees: 10% of Selling Price (Paid by Buyer)

    Property Specifications:
    • Property Type: Shopping Mall Building (Ground Floor Only)
    • Location: Al Quoz, Dubai
    • Deal Type: Sale
    • Ownership Type: Leasehold Property Renewal (Every 20 Years)
    • Plot Area: 75,000 Sqft
    • Built-up Size: 52,000 Sqft
    • Number of Shops: 114 Units (111 Rented, 3 Vacant)
    • Counter Space: 8 Units
    • Store Units: 3 Units
    • ATM Machine Space: 4 Units

    Investment Highlights:
    • Stable Rental Income: Benefit from long-term leases and consistent rental payments
    • Value Appreciation: Enjoy potential property value growth over time
    • Diverse Tenant Mix: Minimize risk by having multiple income sources
    • Prime Location: Benefit from the increasing demand for commercial space in Dubai
    • Professional Management: Consider hiring a property management company to optimize returns

    To schedule a viewing or learn more about this exceptional investment opportunity, please contact RVRG Real Estate Brokerage. Our experienced agents can provide you with detailed information and assist you in making an informed decision.

    Floor Plan Show 3D

    Contact the agent to get the relevant floor plan for this listing
    Advertiser Character: Authorized Advertiser License Number: 1
    Commercial Registration No.: 1

    Sale(1421), Rent(610)

    Thank you Shahab Anwar. M for your submission.
    We will get back to you soon.

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