Location: Dubai - Dubai
| Details
Address: Retail Shop ( 496 Sq .Ft) at Elements, Jumeirah Village South Type: Commercial Style: Commercial Development Level: Under Construction Size: 496 sq. ft. Lot Type: Rectangular Year Built: 2008 Taxes: AED0.00
Description
The Investment Opportunity: Jumeirah Village will be one of the most densely populated residential (85%) and commercial (15%) communities in the heart of New Dubai, with an estimated population of approx. 30,000.
The Elements is a complex of 5 nos. G + 4 residential buildings, with approx. 75 apartments and only approx. 2300 sq.ft of retail space in each building. This is being developed by one of UAE’s large construction companies.
Given that, there will be a need for shops catering to basic necessities such as restaurant, grocery, laundry, coffee shop etc, within this densely populated community, it makes good business sense to invest in a retail shop in this residential building, at off plan launch prices from the developer, as it could be easily sold / leased.
The Retail Space in the other 4 buildings of Elements has been sold out.
The Investment :AED 421,600 USD 114,877GBP 60,229
Estimated Appreciation: Minimum 30% over the build period of 2 years, and minimum 7% annually thereafter.
Estimated Annual Rental Income: approx. 15%.
Payment Schedule: 15% on reservation; 15% within 60 days of reservation; 10% every 3 months; 10% on completion in end 2008. This ad is maintained in a searchable database. To see the current ad with all of the details, please go here. |
| Name: velly fernandes Reply to Ad Date Posted: 25/03/2007 |