About this property
fäm Properties is pleased to offer this exclusive retail unit for sale in Jumeirah Lake Towers (JLT) — a fully fitted, furnished, and equipped restaurant currently tenanted by Status KVO Shisha Lounge, generating immediate rental income from day one. Direct buyers only. No agents, please.
Investment Highlights:
Asking Price: AED 6 million
Annual Rent: AED 336,000 | Paid in 4 cheques
ROI: 5.6% ROI (after service charges)
Annual Service Charges: AED 27,000 (paid quarterly)
Property Features
∙ Net Internal Area: 2,003 sq ft
∙ Private Terrace: 2,686 sq ft with unobstructed lake views
∙ Combined potential area: 4,689 sq ft (terrace can be enclosed as a glasshouse, subject to approvals)
∙ Ceiling Height: 4.5 m
∙ Power Load: 100 KW (well-suited for F&B operations)
∙ Private & common restrooms
∙ Staff gym access
Why This Property Stands Out
The expansive private terrace with full lake views is a rare asset in JLT, offering the incoming operator a genuine opportunity to expand the dining footprint through a glass enclosure, significantly enhancing the customer experience and revenue potential.
Additionally, a hotel is planned within the same cluster. Upon completion, this will qualify the unit for an alcohol license — a milestone that historically drives meaningful appreciation in F&B asset values in Dubai.
An absolute hidden gem with strong fundamentals and significant upside.