BLACKSTONE GULF is pleased to present an exceptional investment opportunity in the heart of Dubai Silicon Oasis.
The asset comprises five interconnected retail units, fully leased to a leading children’s nursery operator that has successfully occupied and operated from this location for the past 10 years. The tenant has recently renewed its commitment to the premises, with approximately 7 years remaining on the current lease term.
The nursery is part of a well-established educational group with a strong regional presence, operating 36 locations across the UAE, providing investors with the security of a proven operator and a stable long-term income stream.
Key Investment Highlights:
• Fully leased income-producing asset
• Five interconnected retail units
• Established tenant in occupation for 10 years
• Approximately 7 years remaining on the lease
• Tenant operates 36 locations across the UAE
• Located within the thriving Dubai Silicon Oasis community
• Strong covenant and long-term operational track record
• Attractive opportunity for investors seeking stable, recurring rental income
This offering presents a rare opportunity to acquire a prime retail asset backed by a mature tenant, long lease tenure, and consistent operational performance in one of Dubai’s most established mixed-use communities.
PROPERTY DETAILS
Location: Dubai Silicon Oasis – Palace Towers
Total Area: 8,547 sqft
Shops: 5 interconnected retail units
Parking: Parking: 10 spaces total (2 per unit)
Rented Until: July 1, 2034
ANCHOR TENANT
LEASEHOLD TITLE
SIZE BREAKDOWN
Shop 1: 1,332.03 sqft
Shop 2: 1,332.03 sqft
Shop 3: 1,340 sqft
Shop 4: 2,442.01 sqft
Shop 5: 2,101.01 sqft
RENTAL INCOME (Escalation Every 2 Years)
Year 1-2: AED 1,474,012.50/year
Year 3-4: AED 1,503,492.75/year
Year 5-6: AED 1,548,597.54/year
Year 7-8: AED 1,610,541.44/year
Year 9: AED 1,691,068.50
Year 10 (11 months): AED 1,550,146.13
Service Charge: AED 18.15/sqft per annum
Asking Price: AED 19,500,000 ( SLIGHTLY NEGOTIABLE)