Skip to content
fäm Properties

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.

Median registered price per sqft in Lake Almas East
See the figures
Median registered price per sqft in Lake Almas East
MonthAED per sqft
Nov 20251,599
Dec 20251,525
Jan 20261,509
Feb 20261,648
Apr 20261,723
Jun 20261,601
Jul 20262,256

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.

Sales registered in JLT - Jumeirah Lake Towers, by month
See the figures
Sales registered in JLT - Jumeirah Lake Towers, by month
MonthTransactions
Oct 202559
Nov 202589
Dec 2025111
Jan 2026100
Feb 2026111
Mar 202635
Apr 202647
May 202621
Jun 202656
Jul 202651
Aug 202640
Sep 202622

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.

Message us on WhatsApp