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NEW LAUNCH - Jumeirah Oasis - 10pct Rental Gurantee for
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This is an opportunity to purchase the entire retail space - 1713 sq. ft (3 adjacent shops) shop in a G+4 residential building, in Jumeirah Village South, by paying 50% on booking and 50% on completion.
If your investment objective is to earn a min. 60% ROI over the build period of two years, then this is an ideal investment opportunity.
This is currently in prelaunch, and will be completed by early 2009.
This project is being developed by one if dubai's reputed property developers which is already developing approx. 10 projects and has plans to develop more in the future.
Jumeirah Village is located in the heart of new Dubai - 15 mins drive from Dubai Internet City / Dubai Media City
This retail space is ideal for a convenience store / department store.
This retail space is in the ground floor of a G + 4 residential building, which comprises of 95 residential apartments.
This residential building is in a very large community that comprises of almost 150 G + 4 residential buildings, 30 office towers and approx. 200 townhomes, so the retail shop will a good mass density of people to cater to.
If you wish to retain the shop on completion, and rent it out, you will earn a minimum 15% annual yield on your investment
Therefore, this makes it one of the most attractive investment opportunities currently available in Dubai.
Due to the 7% annual rent cap on residential units, it makes much more sense to invest in retail shops, where the estimated appreciation and yield is high. Moreover, there is limited supply of retail space, and higher demand.
This retail space is expected to sell fast, therefore a quick decision will be required.
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