Description

Key Property Details: Property Type: Retail Shop with High ROI Project: IT Plaza Location: Dubai Silicon Oasis (DSO) Size: [761.98 sq. ft] Unit Type: Rented Current Status: Tenanted—with rental income @ 73,500/- And upcoming rental expected around 82-84K Title Type: Leasehold (99 Years) (Expected for Freehold As soon as some buildings have already been changed to freehold, the price of this property can directly increase by 25-30%. So perfect—time to enter at this price. Parking: One Selling Price: AED 865,000/- Price per Sq.Ft: AED 1,148/- Annual Service Charges: AED 10 per sq.ft ( AED 7600/-) Rental Yield Approx 8.4% Gross and 9.6% Gross coming Year. Highlights: Strategically located in a tech & business hub Surrounded by thousands of residential & office units Direct visibility and footfall from IT companies and startups Near RAK Bank, restaurants, coffee shops, and medical centers Ample visitor parking available 24/7 security & maintenance in the building Location Benefits: Prime spot in Dubai Silicon Oasis 1 minute to Sheikh Mohammed Bin Zayed Road 15 minutes to Downtown Dubai / DXB Airport Within walking distance to residential towers Close to public transport, schools, and universities Ownership Details: Title: Leasehold (Dubai Silicon Oasis Authority – DSOA) Ownership Transfer Fee: ~4% of purchase value + DSOA transfer charges