مشخصات ملک

توضیحات

The asset comprises five interconnected retail units, fully leased to a leading children's nursery operator that has successfully occupied and operated from this location for the past 10 years. The tenant has recently renewed its commitment to the premises, with approximately 7 years remaining on the current lease term. The nursery is part of a well-established educational group with a strong regional presence, operating 36 locations across the UAE, providing investors with the security of a proven operator and a stable long-term income stream. Key Investment Highlights: • Fully leased income-producing asset • Five interconnected retail units • Established tenant in occupation for 10 years • Approximately 7 years remaining on the lease • Tenant operates 36 locations across the UAE • Located within the thriving Dubai Silicon Oasis community • Strong covenant and long-term operational track record • Attractive opportunity for investors seeking stable, recurring rental income This offering presents a rare opportunity to acquire a prime retail asset backed by a mature tenant, long lease tenure, and consistent operational performance in one of Dubai's most established mixed-use communities. PROPERTY DETAILS Location: Dubai Silicon Oasis – Palace Towers Total Area: 8,547 sqft Shops: 5 interconnected retail units Parking: Parking: 10 spaces total (2 per unit) Rented Until: July 1, 2034 ANCHOR TENANT LEASEHOLD TITLE SIZE BREAKDOWN Shop 1: 1,332.03 sqft Shop 2: 1,332.03 sqft Shop 3: 1,340 sqft Shop 4: 2,442.01 sqft Shop 5: 2,101.01 sqft RENTAL INCOME (Escalation Every 2 Years) Year 1-2: AED 1,474,012.50/year Year 3-4: AED 1,503,492.75/year Year 5-6: AED 1,548,597.54/year Year 7-8: AED 1,610,541.44/year Year 9: AED 1,691,068.50 Year 10 (11 months): AED 1,550,146.13 Service Charge: AED 18.15/sqft per annum Asking Price: AED 19,500,000 ( SLIGHTLY NEGOTIABLE)