Retail Shop for Sale | IT Plaza | Silicon Oasis

Key Property Details:
Property Type: Retail Shop with High ROI
Project: IT Plaza
Location: Dubai Silicon Oasis (DSO)
Size: [761.98 sq. ft]
Unit Type: Rented
Current Status: Tenanted—with rental income @ 73,500/- And upcoming rental expected around 82-84K

Title Type: Leasehold (99 Years) (Expected for Freehold As soon as some buildings have already been changed to freehold, the price of this property can directly increase by 25-30%. So perfect—time to enter at this price.

Parking: One
Selling Price: AED 865,000/-
Price per Sq.Ft: AED 1,148/-
Annual Service Charges: AED 10 per sq.ft ( AED 7600/-)
Rental Yield Approx 8.4% Gross and 9.6% Gross coming Year.

Highlights:
Strategically located in a tech & business hub
Surrounded by thousands of residential & office units
Direct visibility and footfall from IT companies and startups
Near RAK Bank, restaurants, coffee shops, and medical centers
Ample visitor parking available
24/7 security & maintenance in the building

Location Benefits:
Prime spot in Dubai Silicon Oasis
1 minute to Sheikh Mohammed Bin Zayed Road
15 minutes to Downtown Dubai / DXB Airport
Within walking distance to residential towers
Close to public transport, schools, and universities

Ownership Details:
Title: Leasehold (Dubai Silicon Oasis Authority – DSOA)
Ownership Transfer Fee: ~4% of purchase value + DSOA transfer charges