- Type
- Retail / shop
- Bathrooms
- 0
- Built-up area
- 768 sqft
- Price per sqft
- 2,995 AED
Property details
- Type
- Retail / shop
- Purpose
- For sale
- Bathrooms
- 0
- Built-up area
- 768 sqft (71 m²)
- Completion
- Ready to move in
- Building
- Lavender 1
Amenities
- Covered parking
Description
Property Details: • Location: Emirates Gardens 1, Jumeirah Village Circle • Property Type: Retail Shop • Usage: Commercial • Size: 71.35 sqm / approximately 768 sq. ft. • Asking Price: AED 2,300,000 • Price per sq. ft.: approximately AED 2,995 Tenancy Details: • Status: Tenanted with a registered Ejari • Annual Rent: AED 180,000 • Total Contract Value: AED 360,000 • Lease Term: 17 October 2025 – 30 November 2027 Return on Investment: • Annual Rental Income: AED 180,000 • Gross ROI: 7.83% • Estimated Annual Service Charges: AED 5,300 • Estimated Net Rental Income: AED 174,700 • Net ROI: 7.60% *Service charges are not stated in the Ejari and should be verified against the latest service charge statement. About Jumeirah Village Circle Jumeirah Village Circle (JVC) is a well-established, family-friendly community developed by Nakheel.
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