About this property
Prime Waterfront Retail & Spa Investment | Canal-Front Asset | Total Asking Price: AED 18,500,000
An exceptional opportunity to acquire a premier waterfront retail asset in one of the city’s most sought-after communities. This rare canal and marina-front property offers a high-visibility position within a thriving retail corridor, surrounded by established residential towers generating consistent foot traffic and strong tenant demand.
Spanning an impressive 5,503.16 sq. ft. across Ground and Mezzanine levels, the unit benefits from striking floor-to-ceiling natural light, expansive frontage, and uninterrupted canal views — creating a destination retail environment ideal for premium wellness, F&B, or boutique concepts.
Currently fitted as a high-quality, fully operational spa, this asset presents immediate income potential for investors or an exceptional turnkey opportunity for owner-occupiers.
Property Highlights
* 5,503.16 sq. ft. | Ground + Mezzanine configuration
* Direct canal and marina frontage
* Floor-to-ceiling glazing across both levels
* Prime high-footfall retail corridor location
* 2 dedicated parking spaces with direct basement access
* Power Load: 102.67 KVA
Financial Overview
*Asking Price: AED 18,500,000
* Annual Service Charge: AED 100,463 (AED 18.25 per sq. ft.)
* Agency Fee: 2% + 5% VAT
This is a rare opportunity to secure a trophy waterfront retail asset offering long-term capital appreciation, strong sustained tenant demand, and immediate operational capability.