Option to add additional floor cost AED7M total ROI 12.5% NET
Own your own emporium huge shopping Mall
with cinema, banks and select designer branded stores and hypermarket.
Located in the busy hub of cool vibe DIP
Built by design awarded architect
Permit to add extra floor if desired
Massive footprint
Parking 280 spaces dedicated
100% fully occupied rented with multiple 5year tenants & built-in 5% increments
Dream deal
Property only 4 years old beautifully maintained and looks new
Operates efficiently like clockwork/Plug & Play ownership & business
ROI 11% Rising to 15%
Nearly 200,000BUA
Aed650 psf
Fantastic solid investment which increases 20% every 10years
- Asking Price:
- AED155,000,000 Furniture / Fixtures included
- Sales Revenue:
- AED16,000,000
- Cash Flow:
- AED16,000,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
DIP
- Premises Details:
-
Modern shopping Mall emporium looks like new
Permit to add extra floor
- Size in square feet:
- 170,000 net salable spece
- Planning Consent:
-
Granted for Extra floor
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
Permission with permit to add extensive retail floor increasing revenue 30%
- Competition / Market:
-
None local area
- Reasons for selling:
-
Owner HNWI larger business portfolios
- Years established:
- 4
Other Information
- Furniture / Fixtures value:
- AED40,000,000 - included in the asking price
