
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
- 1 months 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 |
|---|---|
| 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 | 84 |
| Oct 2026 | 1 |
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.
Keep looking
Advertise permitIssued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties.
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Want to see it?
We can arrange a viewing, in person or on a video call if you are not in Dubai.


