AED 2,477,420
Own this from just
10,190 AED/monthAl Marjan Island Retail and Restaurant Opportunity
Key Highlights:
Freehold Property
Sea Views
Outdoor Seating Granted
Direct Beach Access
High Resident and Tourist Footfall
Alcohol License Permissible
Established & Growing Community
Marjan Island is becoming the top real estate and commercial hub in the region. Investors worldwide are recognizing the island’s potential, with major projects like the Wynn gaming resort and high-end hotels underway to drive both investment and tourism.
Pacific is an established and vibrant community on Marjan Island with over 1,400 apartments and an occupancy of around 2,500 residents and up to 200 short-stay guests.
Positioned between two developing sites (Aqua Arc & Ellington), that will have only one restaurant and no retail outlets between them, this retail space represents a rare opportunity to capture a market of over 5,000 potential customers, plus delivery options on the island and extending to neighbouring communities throughout Ras Al Khaimah. Pacific offers strong potential for the start of your new business.
There is growing demand for additional service providers and retailers such as grocery store, a branded coffee shop and diverse dining options, these retail units are positioned to meet the needs of both current and future residents.
Contact me for a detailed feasibility summary. Units are available for purchase as a strong investment opportunity, but a five-year minimum rental arrangement could be negotiated with a fair offer.
Ⓒ 2024
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Property details
Property Type
Retail
Property Size
1,200 sqft / 111 sqm
Bathrooms
none
Available from
12 Nov 2024
Location
Provided by
Neill Farkhondeh
No ratings
Seven X Consulting FZ-LLC
See all properties (205)Response time
within 5 minutes
Experience
1 year
Languages
English
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
10,190 AED
with interest rate of
3.75%
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Regulatory information
Reference
sp--11377353
Listed
10 days ago
Broker License
47013756
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Own this property from just
10,190 AED /month
Fixed rates from: 3.75%
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