
Great Investment Opportunity With 5.5% Roi Net
Indigo Icon, JLT - Jumeirah Lake Towers, Dubai
AED 6,000,000
AED 1,279 /sqftAED 13,767 /sqmt
-bedroom Retail for sale in Lake Almas East
- Type
- Retail
- Size
- 4,690 sqft
- Bath
- 2
- Parking
- 0
- Developer
- Star Giga
- View
- Lake
- Ref no.
- CS-63077
- Completion
- Q4 2011
- Listed
- 2 weeks ago
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.
What it has
- High floor
- Furnished
- Waterfront View
- Balcony
- Privacy
- Investment Property
- Upgraded
- Close to metro
- Fitted
What Lake Almas East sells for
Median price per sqft registered with the land department, by month. Asking prices are not in this — these are deals that completed.
See the figures
| Month | AED per sqft |
|---|---|
| Nov 2025 | 1,599 |
| Dec 2025 | 1,525 |
| Jan 2026 | 1,509 |
| Feb 2026 | 1,648 |
| Apr 2026 | 1,723 |
| Jun 2026 | 1,601 |
| Jul 2026 | 2,256 |
Demand in JLT - Jumeirah Lake Towers
How many sales registered each month. A thin month is usually the register catching up rather than the market stopping.
See the figures
| Month | Transactions |
|---|---|
| Oct 2025 | 59 |
| Nov 2025 | 89 |
| Dec 2025 | 111 |
| Jan 2026 | 100 |
| Feb 2026 | 111 |
| Mar 2026 | 35 |
| Apr 2026 | 47 |
| May 2026 | 21 |
| Jun 2026 | 56 |
| Jul 2026 | 51 |
| Aug 2026 | 40 |
| Sep 2026 | 22 |
Mortgage calculator
An estimate on the asking price. A bank’s own arrangement and valuation fees are not in it, and the rate is yours to change.
- Number of payments
- 192
- Monthly instalment
- AED 31,770
- Total interest
- AED 1,599,807
- Amount borrowed
- AED 4,500,000
Estimated monthly
AED 31,770
Over 16 years at 4%
Location
Schools nearby
- EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate · KHDA very good0.96 mi
- Dubai British SchoolUK · KHDA outstanding2.06 mi
- Dubai British School Jumeirah ParkUK · KHDA outstanding2.2 mi
- Regent International Private School L.L.CUK · KHDA very good2.21 mi
- Dubai International Academy L.L.CInternational Baccalaureate · KHDA outstanding2.28 mi
- Icademy Middle East Fz.LlcAmerican2.32 mi
26 schools within five miles. Distances are straight lines, not driving time.
Also in Lake Almas East
Comparable in JLT - Jumeirah Lake Towers
Want to see it?
We can arrange a viewing, in person or on a video call if you are not in Dubai.



