Overview

Property Description

The Indigo Sky is a mixed-use building located in Umm Al Sheif, Dubai, developed by Indigo Properties. There are six semi-equipped offices ranging in size, four move-in-ready retail shops, and warehouse space in the basement. The building offers a unique design that distinguishes it from other complexes in the area and has offices with a minimum size of 403 square meters (4,335 square feet). A maximum of 465 square meters (5,000 square feet) of offices can be used as exhibition pavilions. The starting size of a retail store is 475 square meters (5,110 square feet). There are many vibrant areas in Umm Al Sheif, including Dubai Internet City, Al Barsha, and Dubai Media City. The community is located near other major business districts. Residential real estate is popular among families with children and expats. The area has a well-developed public transportation network. Therefore, investors are in high demand for office and retail spaces. A retail store has a high liquidity level and can always be sold quickly, so it can produce a good passive income. The average return on investment for a retail store is 5%. AED 520,000 (USD 142,000) is the starting rental rate for an office, and AED 990,000 (USD 270,000) is the starting rental rate for a shop. *Prices are valid for 2021

Location