Exclusive Retail For Sale In Silicon Oasis

Blackstone Gulf is excited to present this unique investment opportunity – a cluster of 5 interconnected retail shops located in Dubai Silicon Oasis. These shops are currently under a long-term lease agreement with a well-established anchor tenant who has maintained a presence in this location for an impressive 7 years. The tenant in question is a renowned children’s nursery, boasting a network of over 35 successful branches across the United Arab Emirates. With their strong commitment to growth and a desire to continue their presence here, this offering presents an ideal prospect for savvy investors. The tenant is seeking a 10-year extension. For investors, this presents a highly profitable opportunity! It’s important to note that if you wish to occupy these premises, the existing tenant will require a 12-month notice. The notice must be given by April 2024. This provides ample time for planning and transition, making this opportunity even more attractive to the end user. Don’t miss out on this chance to invest in a stable and promising venture within the heart of Dubai Silicon Oasis.


PROPERTY DETAILS

Total Floor Area: 8,547 sq. ft.
Shop 1: 1332.03 sq. ft.
Shop 2: 1332.03 sq. ft.
Shop 3: 1340 sq. ft.
Shop 4: 2442.01 sq. ft.
Shop 5: 2101.01 sq. ft.
Property Status: Rented until April 2024
Rental Income: AED 1,281,750/ per year (4 cheques) Service Charge: AED 18.15/ sq. ft. per annum
Asking price: AED 18,000,000


ABOUT PALACE TOWERS

Palace Towers is a mixed-use development project that has become one of the leading landmarks in Dubai because of its comprehensive views of the city. Every unit of its hundreds of spacious residential apartments and 150 high-tech office suites is attractively appointed with modern layouts and designs that combine the convenience of the modern lifestyle.


ABOUT SILICON OASIS

Dubai Silicon Oasis is a free trade zone and an integrated technology park that allows people to live, work, and play. Commonly known as Silicon Oasis, this 7.2 million square-meter community is located at the intersection of Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road. Established in 2004, this community is the perfect blend of residential, recreational, and commercial spaces. Living in Dubai Silicon Oasis is ideal for anyone seeking a holistic community lifestyle. Featuring many residential buildings and gated sub-communities, DSO Dubai offers a range of accommodation options for individuals and families alike. IN A NUTSHELL – Mixed-use development – Features residential towers and gated villa communities – Located at the intersection of Dubai–Al Ain Road and Sheikh Mohammed Bin Zayed Road – Home to a technology park that facilitates tech businesses – Residential properties boast state-of-the-art facilities – Close to popular tourist attractions – Offers valuable investment opportunities.

COMMUNITY OVERVIEW

Dubai Silicon Oasis, Dubai is a city within a city and a self-sufficient community offering residents all facilities at a hand’s length. Moving to Silicon Oasis has its perks. The community offers a balanced lifestyle, dedicated commercial spaces, and a wide range of residential properties. The expansive network of roads makes it a well-connected neighborhood.


COMPANY PROFILE
We are so much more than a full-service real estate firm. We’re a group of talented people with a passion for finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible. At Blackstone Gulf, our vision is your success.

Call or WhatsApp Sabele Buraik on +97144495850 / +97144495850 for further details and viewing.