Brand-New Prime Retail Asset-Building for Sale

  • د.إ50,000,000
For Sale

Brand-New Prime Retail Asset-Building for Sale

  • د.إ50,000,000

Overview

  • Building, Commercial
  • Property Type
  • 36,651 Sq Ft

Description

QAE Real Estate team is pleased to present you with the opportunity to purchase this brand-new prime
retail asset building located in Majan. The property is closely located near major landmarks such as Al
Barari and other well-known communities.

Investment Specifications:
* Asking Price: AED 50 Million
* Income: 4,200,000 AED Per Annual
* Ownership: GCC Ownership & Freehold

Building Specifications:
* Plot Size: 36,651 Sq.ft
* BUA: 74,000 Sq.ft
* Elevation: B+G+1+R
* Parking: 126 Bays

Product Mix: Small Mall Building Retail Centre ( 37 retail shop Units ).
Majan is one of Dubai’s newest communities in Dubailand, which covers around 15.6 million sq. ft of area.
Residents of Majan enjoy the comfort, leisure and convenience of a well-connected and well-equipped
neighbourhood. Majan is a self-sufficient community comprising 32% residential apartments, 24%
commercial units and 44% retail and entertainment facilities. While still in progress, this community is
said to become the downtown of Dubailand in the near future.

Majan is a part of Dubailand and is located just north of Dubai’s geographical centre. With Sheikh
Mohammed Bin Zayed Road at its front, Majan lies in close proximity to Al Ain Road. These roads provide
Majan strategic access to Al Ain, Sharjah and Abu Dabi. The area comprises 100 residential complexes, six
iconic towers, four hotels and mixed-use units.

Address

  • City Dubai
  • State/county Dubai
  • Area Majan
  • Country United Arab Emirates

Details

Updated on January 24, 2024 at 11:31 am
  • Price: د.إ50,000,000
  • Property Size: 36,651 Sq Ft
  • Property Type: Building, Commercial
  • Property Status: For Sale

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Mohammed Hassan Yousuf Al Balushi

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