

Distressed Retail Unit Seller in Binghatti Apex, JVC
Retail Unit Details
Binghatti Apex, Jumeirah Village Circle (JVC)
Size: 1129 sq ft
Parking: 2 parking spots
Unit is ready for handover
60% Paid, 40% Due
SP: AED 3,400,000 (still negotiable I believe with a cheque)
Seller was originally looking at AED 3,800,000
Expected Rental: AED 350,000 per annum
Seller also owns another retail unit and has a well known Pharmacy chain interested in taking both units. At the above mentioned rent, it generates a ROI of over 10%