• 1,200

    sqft

Reference No.

MH-2024-TxoLl

Basic housing information

Re Type

Commercial

Property type

Shops & Retail

Completion status

Ready

Listing status

Resale Property

Furnishing

Shell and core

Introduction

    Prime Retail Space Available on Marjan Island – Ideal for F&B and Service Businesses Key Highlights: Freehold Property Sea Views Outdoor Seating Granted Direct Beach Access High Resident and Tourist Footfall Alcohol License Permissible Established & Growing Community Marjan Island is becoming the top real estate and commercial hub in the region. Investors worldwide are recognizing the island’s potential, with major projects like the Wynn gaming resort and high-end hotels underway to drive both investment and tourism. Pacific is an established and vibrant community on Marjan Island with over 1,400 apartments and an occupancy of around 2,500 residents and up to 200 short-stay guests. Positioned between two developing sites (Aqua Arc & Ellington), that will have only one restaurant and no retail outlets between them, this retail space represents a rare opportunity to capture a market of over 5,000 potential customers, plus delivery options on the island and extending to neighbouring communities throughout Ras Al Khaimah. Pacific offers strong potential for the start of your new business. There is growing demand for additional service providers and retailers such as grocery store, a branded coffee shop and diverse dining options, these retail units are positioned to meet the needs of both current and future residents. Contact me for a detailed feasibility summary. Units are available for purchase as a strong investment opportunity, but a five-year minimum rental arrangement could be negotiated with a fair offer. Ⓒ 2024 Seven X Consulting is an appointed agent for this property. All content, visual and written, is protected under UAE copyright law.

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    Neighbourhood

    Mortgage

    Property price

    AED 2,477,420

    Down payment

    AED 495,484

    Loan duration

    25 years
    510152025

    Interest rate

    %

    Monthly Payment

    AED 10,461

    Disclaimer

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