Name: Retail spaces for sale in Palace Tower 2, Palace Towers
Brand: Property Finder

Palace Tower 2

Dubai Silicon Oasis

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Retail spaces for sale in Palace Tower 2, Palace Towers

Sabele Buraik

BLACKSTONE GULF REAL ESTATE BROKER L.L.C

Blackstone Gulf presents an exceptional investment opportunity in Dubai Silicon Oasis—a fully rented bulk retail space comprising five interconnected shops leased to a well-established children’s nursery for 7 years with a 10-year extension request.

This stable, long-term investment offers guaranteed rental income with increasing returns. If you wish to occupy, a 12-month notice must be given by April 2024 for a smooth transition.

PROPERTY DETAILS

Location: Dubai Silicon Oasis – Palace Towers
Total Area: 8,547 sqft
Shops: 5 interconnected retail units
Rented Until: July 1, 2034
ANCHOR TENANT
LEASEHOLD TITLE

SIZE BREAKDOWN
  Shop 1: 1,332.03 sqft
  Shop 2: 1,332.03 sqft
  Shop 3: 1,340 sqft
  Shop 4: 2,442.01 sqft
  Shop 5: 2,101.01 sqft

RENTAL INCOME (Escalation Every 2 Years)
  Year 1-2: AED 1,474,012.50/year
  Year 3-4: AED 1,503,492.75/year
  Year 5-6: AED 1,548,597.54/year
  Year 7-8: AED 1,610,541.44/year
  Year 9: AED 1,691,068.50
  Year 10 (11 months): AED 1,550,146.13

Service Charge: AED 18.15/sqft per annum
Asking Price: AED 19,500,000 ( SLIGHTLY NEGOTIABLE)

ABOUT PALACE TOWERS
Palace Towers is a prime mixed-use development offering breathtaking city views, modern layouts, and high-tech office spaces, making it a highly sought-after landmark in Dubai.

ABOUT DUBAI SILICON OASIS
A 7.2 million sqm tech hub, Silicon Oasis blends residential, commercial, and recreational spaces, making it an ideal investment hotspot. Well-connected via Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road, it offers a thriving business and lifestyle community.

WHY INVEST?
  Long-Term Bluechip Tenant 
 10-Year Extension Request
  High Rental Yield &amp; ROI
  Prime Location in Dubai Silicon Oasis
  Escalating Rental Income Secured Until 2034

COMPANY PROFILE
We are so much more than a full-service real estate firm. We&#39;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 at +971 52 628 2552 / +971 4 554 0535 for further details and viewing.

Retail spaces for sale in Palace Tower 2, Palace Towers

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