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Retail for sale

Mazaya Business Avenue BB2, Jumeirah Lake Towers

Perfect for Investors | Leased Long Term | Retail

AED 12,680,492

AED 2,200 / sq. ft.

Reference No. CO-S-25122

Retail
Type:
Retail
Fitted
Fitout Status:
Fitted
size
Size:
5764.00 sqft
Parking Count
No. of Parkings:
6
Availability
Availability Date:
N/A

Cushman & Wakefield Core presents this 5,764.00 sqft retail situated below the 15th floor and which comes with one parking space and is for sale in Mazaya Business Avenue BB2. The office is situated within a tower that comprises; 45 office floors, ground floor retail areas and ample visitor parking.

Unit Features:

- Retail space
- Leased long term
- Tenanted until August 2024
- Net ROI of 7%
- DMCC Freezone license
- 6 parking spaces included

Building Features:

- Easy access from Al Khail and Sheikh Zayed Road
- Commercial building
- Range of cafes, bars, and fast food joints
- Proximity to the main and arterial roads
- Round-the-clock security and concierge services
- Close to metro station


About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. An independently owned and operated affiliate of Cushman & Wakefield, operating in the UAE since 2008. For additional information, visit www.cushwake.ae.

Investment Opportunity: Charges & Yield

Investing in this property promises a 0.00% yearly net return from an annual rental price of AED 0 and accounting for a sum of AED 65,306 covering yearly service charges.

AED
AED
SQFT

Service charges in Mazaya Business Avenue BB2, Dubai
AED 11.33 per sq ft

Yearly Service Charge
AED 65306.12

Yearly Net Return
0.00%

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