Rent in Umm Suqeim 1: Business For Sale: Operational 22K sqft Restaurant

Welcome to a family restaurant that brings you back to the 1940s with its nostalgic charm. This popular spot, especially during winter, opens its entire roof for a peaceful, open-air shisha experience.

Once a modest 4,000 sq. ft. space, it has expanded to 22,000 sq. ft., with 28 million AED invested in top-notch renovations. The low annual rent of AED 1.4 million is secured until October 2028. Located in a prime area with valet parking and easy access, it’s a favourite for locals and tourists alike.

This investment offers a five-year ROI, with a net monthly income of 600,000 to 700,000 AED. The business, complete with its setup, is available for 28 million AED, with the option to buy the real estate itself for GCC nationals at 30 million AED.

A rare shisha license, no longer approved by Dubai Municipality in Jumeirah and Al Wasl, further enhances its value.

In short, this is more than a restaurant; it’s a beloved landmark with a strong financial foundation, offering a rare chance to invest in a successful business or prime real estate in today’s market.

VILLA DETAILS:
Total Area: 22,000 sqft
Rent: AED 1,400,000 per year
Number of cheques: 4 Cheques
Fully equipped Kitchen
Furniture with Traditional designs
NOC for Shisha
Fully operating Business, fit out, Furniture and Kitchen equipment, Trade license, 75 staff members & Accommodations: AED 28M
Real Estate Sale: AED 30 million additional (Optional)
Average Net Income: AED 600,000 (per month)

IMPORTANT NOTICE: Please be aware that the pictures provided are not actual. This measure is taken to safeguard the ongoing business operations from unnecessary traffic. It is strongly advised to personally visit the property for a comprehensive viewing experience.

Viewing Procedure:
CONFIDENTIALITY: In the context of business sales, our process necessitates the signing of a Non-Disclosure Agreement (NDA) before any details can be fully disclosed. This measure is implemented to protect the business from undue exposure. Maintaining confidentiality is of utmost importance to us, as neither employees nor customers are aware of the sale. We are committed to safeguarding the business throughout the entire transaction.

ABOUT UMM SUQEIM 1
Home to Kite Beach, Umm Suqeim 1 is a residential district in the larger Umm Suqeim area. This sub-community lies between Jumeirah 3 and Umm Suqeim 2. The neighbourhood features a combination of old houses and newly constructed properties.

IN A NUTSHELL
A sub-community in Umm Suqeim
Home to Kite Beach and Jumeirah Fish Market
Offers 3 to 7-bedroom villas
Sheikh Zayed Road (E11) is in proximity

COMMUNITY OVERVIEW

Popular points of interest in Umm Suqeim 1 are:
- Kite Beach
- Communal amenities include restaurants, schools, and supermarkets
- Quick access to arterial roads

COMPANY DETAILS

We are so much more than a full-service real estate firm. We'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.

Business For Sale: Operational 22K sqft Restaurant

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