AED 498,911 /year

1,086 sqft / 101 sqm
RETAIL FOR RENT IN B1 MALL, AL BARSHA 1

Brand New Mall | Upper Floor with Terrace Space

Knight Frank is delighted to exclusively bring you this community retail asset, with a gross leasable area of 125,000 sq. ft.

It is located in one of the most well-established neighbourhoods in Dubai (directly opposite Mall of the Emirates) with a catchment size of 214,603 nationals and residents within a 3km radius, catering to both middle-income expat households and high-income UAE nationals.

We are targeting only best in class brands that will enhance the overall asset value, maintaining a highly selective standard across all categories. Some of the existing brands are:
* Grandiose Supermarket
* Tim Hortons
* Bougee Lounge Cafe
* IHOP and Applebee's
* Pappa Roti
* Coffee & Roses
* Beirut Streets
* Seven Hotpot
* Mumuso
* Al Fuad Exchange
* Metal East Records

The finishes are very high end with up to 6m double ceiling height frontage, facing directly onto MOE. The positioning is boutique and relaxed, smart and refined, yet chilled and approachable.

The development comprises of 11 individual buildings (28 units- 15 F&B) all connected by a temperature-controlled concourse at the rear, avoiding the common seasonality issues faced by other pedestrian friendly projects.

Unit Details
* F&B provisioned
* Situated on the first floor
* Electrical load - 46.99 KW
* Base Rent - AED 230 per sq ft
* Service Charge - AED 30 per sq ft

Unit Area:
Internal First Floor - 1,086.19 sq ft
Terrace First Floor - 1,665.40 sq ft (charge at 50% of the gross rent)

Commercial Terms:
* 10% Reservation Payment
* 10% Security Deposit
* 10% Fit out Deposit
* 5% Promotion & Marketing Contribution

NOTE: Price indicated is exclusive of VAT

Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.

Property details

Property Type

Retail

Property Size

1,086 sqft / 101 sqm

Available from

1 Jan 2024


Location

Map preview
Al Barsha
Community Insights
3.5/531 building reviews

Family-Friendly | Apartments and villas

Price Range:

42K-3.2M AED/year

Provided by

Knight Frank - Commercial

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Languages

English

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Regulatory information
Regulatory information

Reference

L191504

Listed

more than 6 months ago

Broker License

11964

Zone name

Al Barsha First

DLD Permit Number:

6590219000

Agent License

63812

DLD Permit Number

Knight Frank - Commercial

Exclusively on Property Finder