Preconstruction - 878 sq. ft retail shop in G+4 Bldg At Jume

Details Address: Preconstruction - 878 sq. ft retail shop in G+4 Bldg At Jumeirah Village Type: Commercial Style: Commercial "Retail space with high est. appreciation & yield" Development Level: Plan Only Size: 878 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 878 sq. ft retail shop from the developer. This retail space is ideal for a small grocery, 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 and 50% on completion. Estimated minimum appreciation on completion in end 2008 / early 2009: 30% If you sell before handover, you could earn a 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.

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