Property details

Description

Direct buyers only. No agents, please. Investment Highlights: Asking Price: AED 6 million Annual Rent: AED 336,000 | Paid in 4 cheques ROI: 5.6% ROI (after service charges) Annual Service Charges: AED 27,000 (paid quarterly) Property Features Net Internal Area: 2,003 sq ft Private Terrace: 2,686 sq ft with unobstructed lake views Combined potential area: 4,689 sq ft (terrace can be enclosed as a glasshouse, subject to approvals) Ceiling Height: 4.5 m Power Load: 100 KW (well suited for F&B operations) Private & common restrooms Staff gym access Why This Property Stands Out The expansive private terrace with full lake views is a rare asset in JLT, offering the incoming operator a genuine opportunity to expand the dining footprint through a glass enclosure, significantly enhancing the customer experience and revenue potential. Additionally, a hotel is planned within the same cluster. Upon completion, this will qualify the unit for an alcohol license a milestone that historically drives meaningful appreciation in F&B asset values in Dubai. An absolute hidden gem with strong fundamentals and significant upside.

Location

Indigo Icon, JLT Cluster F, Jumeirah Lake Towers, Dubai

The pin is approximate and reflects the property's area.