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High-Yield Retail Opportunity 12% Below Dev. Price
Binghatti Skyhall - Business Bay, Binghatti Skyhall
Retail
Studio
Area 2170 sqft
AED 9,548,000
For Rent
Description
Phoenix Homes & Murtaza Taher are excited to present you this opportunity to secure the largest retail unit in Binghatti Skyhall, an upcoming premium development in Business Bay.
This 2,170 sq. ft. shell-and-core space offers prominent main-road frontage facing Marasi Drive, providing excellent visibility and branding potential. It is suitable for a flagship store, showroom, café, restaurant or another commercial concept, subject to approvals.
Priced approximately 12% below the developer’s current pricing for other Skyhall retail units, the property offers strong potential upside. Comparable ready retail properties are currently listed from approximately AED 13 million onwards, while similar retail listings indicate potential annual rental income of AED 1 million to AED 1.5 million, subject to market conditions.
Completion is expected within nine months, with a 50/50 payment plan and 50% payable upon handover.
Get in touch for any further clarification and way forward.
Listing Broker
Murtaza Petiwala
"I truly believe there's something for everyone in this dynamic and ever-evolving market." With over 8 years of hands-on experience in the UAE real estate industry, I bring a deep understanding of the region's diverse property landscape — spanning Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, and Ajman. My expertise covers both off-plan and secondary markets, with a sharp focus on investment-led opportunities that deliver long-term value. Specializing in off-plan investments, I provide data-driven, end-to-end consultancy designed to maximize profitability while maintaining full transparency and open communication at every step. My approach is grounded in up-to-the-minute market knowledge, regulatory insights, and a commitment to client satisfaction. Whether you're a first-time buyer or a seasoned investor, I’m here to help you navigate opportunities and make informed, confident decisions in one of the world’s most promising real estate markets. Key Focus Areas: Off-plan Investments: Dubai, Abu Dhabi, Sharjah, RAK, Ajman Secondary Market Opportunities: Exclusive deals in Dubai
Location
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Contact Information
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+971 4 584 1033
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Working Hours
09:30 to 17:30 (Monday - Friday)
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Dubai, UAE
11C04 I Rise Tower Barsha Heights