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Global Properties

999 bedrooms Commercial property in Motor City, UAE No. 105697

$ 953 027
$ 5 741 per m²
999 Bedrooms
166 Living space, m²
Motor City, UAE
Parameters
Bedrooms
999
Living space, m²
166
ID
105697
Type
Commercial property
Property description
GREAT OPPORTUNITY FOR INVESTMENT

Rental Yield 8% + w/ long-term lease secured

This 1,782.21 sq. ft. fully fitted retail is located in the heart of fully developed community & a lively retail surrounding.

* Price Sale : AED 3,500,000/-net to owner
* Size:1,782.21 sq.ft.
* Lease: AED 350,000/- for 3 years
* ROI: 8% net

The development is one of the residential complex buildings in Motor City which is a combination of entertainment, dining, retail within a pedestrian orientated, and a multi-environment.
It is also a development based on automobile and motorsport theme that includes residential, commercial, sports, and leisure opportunities.

Unit features:
* Fully fitted
* Good ceiling height
* High-quality finishes
* Visitor Parking

Building features:
* Mixed-use building
* Developed based on automobile and motorsport theme
* Great selection of restaurants and cafes
* Near public transport
Statistics Motor City
$ 7 240
Price per m²
180
Quality of Life Index
62
Cost of living Index
Parameters
[:second_city:]
Dubai
Difference
Monthly Rent Cost
1-Room Apartment
$ 2 334
2-Room Apartment
$ 1 440
Apartment Purchase Price per m²
In the City Center
$ 7 240
Outside the City Center
$ 4 033
Crime Index
16
Cost of Living and Rent Index
58
Purchasing Power Index
143
Property Price to Income Ratio
7
Safety Index
84
Traffic CO₂ Index
8052
Traffic Inefficiency Index
249
Rent Index
53
Health Care Index
70
Groceries Index
47
Pollution Index
49
Traffic Commute Time Index
36
Restaurant Price Index
68
Climate Index
50
Cost of Living Index
62
Quality of Life Index
180
Traffic Index
169
Restaurants
Meal, Inexpensive Restaurant
$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course
$ 81.69
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.53
Domestic Beer (0.5 liter draught)
$ 13.61
Imported Beer (0.33 liter bottle)
$ 13.61
Coke/Pepsi (0.33 liter bottle)
$ 1.51
Water (0.33 liter bottle)
$ 0.85
Cappuccino (regular)
$ 5.88
Markets
Milk (regular), (1 liter)
$ 1.84
Loaf of Fresh White Bread (500g)
$ 1.37
Eggs (regular) (12)
$ 3.59
Local Cheese (1kg)
$ 11.13
Water (1.5 liter bottle)
$ 0.62
Bottle of Wine (Mid-Range)
$ 19.06
Domestic Beer (0.5 liter bottle)
$ 2.47
Imported Beer (0.33 liter bottle)
$ 3.15
Cigarettes 20 Pack (Marlboro)
$ 6.26
Apples (1kg)
$ 2.54
Chicken Fillets (1kg)
$ 8.40
Oranges (1kg)
$ 1.81
Potato (1kg)
$ 1.07
Lettuce (1 head)
$ 1.40
Rice (white), (1kg)
$ 2.43
Tomato (1kg)
$ 1.35
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.06
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.72
Transportation
One-way Ticket (Local Transport)
$ 1.63
Monthly Pass (Regular Price)
$ 87.13
Gasoline (1 liter)
$ 0.78
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 32 674
Taxi Start (Normal Tariff)
$ 3.27
Taxi 1km (Normal Tariff)
$ 0.68
Taxi 1hour Waiting (Normal Tariff)
$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 261
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 242
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 96.36
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 59.86
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 4 064
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 73.95
Tennis Court Rent (1 Hour on Weekend)
$ 49.32
Cinema, International Release, 1 Seat
$ 14.16
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 69.95
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 62.11
1 Pair of Nike Running Shoes (Mid-Range)
$ 108
1 Pair of Men Leather Business Shoes
$ 113
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 805
International Primary School, Yearly for 1 Child
$ 16 388
Aeon & Trisl
Aeon & Trisl
Contact seller
Aeon & Trisl
Aeon & Trisl
Contact seller

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