Rent in Khalifa City A: High Visibility Retail Space in Khalifa City A

We are excited to announce the launch of our latest project, Khalifa Square, and we would like to extend an exclusive invitation to you to join us for the unveiling of the project. Your expertise and network in the industry make you a valued partner, and we believe this project will present significant opportunities for your clients. Please find the main information about the project outlined in the below:

1. Project Overview:
Khalifa Square - Khalifa City is a retail complex designed and built by the Department of Municipalities and Transport, which will be rented to investors for the purpose of providing services to residents of residential areas so that the market meets all their requirements, including household needs and personal needs, such as food. The project includes six shops with different sizes. The project in Khalifa is still under construction and will be opened soon.

2. Project Specifications:
- Prime location in Khalifa A City
- Limited availability of shell & core retail shops.
- Brand-new building with modern facilities.

3. Project Location
Click here for the [link not available]

4. Pricing (starting from)

Unit Area Rates
Shop 01 84 sqm 294,000
Shop 02 148 sqm 444,000
Shop 03 148 sqm 444,000
Shop 04 98 sqm 343,000
Shop 05 251 sqm 753,000
Shop 06 236 sqm 708,000

5. Project Floor Plan (attached as well)

6. Submission Process:
Required Documents:
• Valid trade license
• Memorandum of association
• Passport copies
• Emirates ID (EID) of the authorized signatory
• Power of Attorney (POA)
• Brand profile
• AECB (Credit score)
• Bank statements for the last 6 months
• Annual rent proposal (not below the starting rental rate, sealed in an envelope)
• Security deposit cheque (10% of the proposal rate, also in a sealed envelope).

Submission Deadline:
• All documents must be submitted by Friday 4th October 2024.

Payment Terms:
• Tenants can make up to 3 instalments.

Document Handover:
Tenants should deliver all required documents and security deposit cheques to the ASTECO Management office in Al Raha Beach area.

Office Location: https://maps.app.goo.gl/RcHX2ysjLskdbbrs6

Committee Meeting:
• Arrange a committee meeting on September 7th to open and evaluate all proposals.

Tenant Nomination:
• Based on the evaluation, nominate eligible tenants for further processing.

For further information please contact 050-5660427

High Visibility Retail Space in Khalifa City A

Location

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Regulatory information

Regulatory information