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Dubai , Price: AED1,541,700 Details Address: Entire retail space - 1713 sq. ft. (3 shops) in G+4 res bldg. at Jumeirah Village Type: Commercial Style: Commercial "Est. annual yield of min. 15% & high appreciation" Development Level: Plan Only Size: 1,713 sq. ft. Lot Type: Rectangular Year Built: 2008 Description In this newly announced residential and commercial community, Jumeirah Village, located in the heart of new Dubai - 15 mins drive from Dubai Internet City / Dubai Media City, you now have the opportunity to purchase the entire retail space - 1713 sq. ft (3 adjacent shops - 421 sq. ft, 414 sq. ft, 878 sq. ft) from the developer. This retail space is ideal for a grocery / convenience store, restaurant, coffee shop, etc. This retail space is in the ground floor of a G + 4 residential building, which comprises of 95 residential apartments. This residential building is in a very large community that comprises of almost 150 G + 4 residential buildings, 30 office towers and approx. 200 townhomes, so the retail shop will a good mass density of people to cater to. This is a great investment opportunity as ..... 50% needs to be paid on booking i.e. AED 770,850 and 50% on completion. It is estimated that this will appreciate by min. 30% over the build period of two years. If you sell before handover, you will earn a minimum 60% ROI within two years. This is a conservative estimate. If you wish to retain the shop on completion, and rent it out, you will earn a minimum 15% annual yield on your investment Therefore, this makes it one of the most attractive investment opportunities currently available in Dubai. Due to the 7% annual rent cap on residential units, it makes much more sense to invest in retail shops, where the estimated appreciation and yield is high. Moreover, there is limited supply of retail space, and higher demand. This retail space is expected to sell fast, therefore a quick decision will be required. Type:  etc For Sale or Rent:  Sale Price or Monthly Rent:  AED1,541,700 Bedrooms:  Bathrooms:  Contact person:   Ancel Fernandes Phone:  +97150 4585183 E-mail: Reply to Ad Address: City:  Dubai County:  Dubai Postal Code:  Country:  United Arab Emirates Web Site:  Click here to view View Map: Click Here to view

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