Indigo Sky is a mixed-use building located in Umm Al Sheif, Dubai. The project was developed by Indigo Properties and consists of commercial real estate.
The complex has six semi-equipped offices that vary in size, and there are four fully equipped and move-in-ready retail shops. The basement floor has warehouse space that is available to tenants.
The building provides a variety of amenities and services, including:
Offices have a minimum size of 403 sq. m (4,335 sq. ft.), and the building offers a unique design that distinguishes it from the other complexes in the area. There are more spacious offices that have a maximum size of 465 sq. m (5,000 sq. ft.), which can be used as exhibition pavilions.
Retail stores have a starting size of 475 sq. m (5,110 sq. ft.).
Indigo Sky is located in a community with good transport accessibility. Tenants have easy access to Sheikh Zayed Road, which provides direct routes to other parts of the emirate. The nearest bus stop, Enoc 2, can be reached within a 20-minute walk of the offices, and the Equiti Metro Station 2 is situated within a five-minute walk.
Employees can choose from a selection of local restaurants and cafes, including Al Beiruti and Al Safadi Restaurant, which are located within a five-minute walk of the building. For medical services, tenants can go to Gargash Hospital, which can be reached within a five-minute drive.
The complex is situated within a short drive of several popular destinations, including:
Umm Al Sheif is home to many vibrant areas, such as 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. As a result, offices and retail spaces are in demand among investors.
Properties can be purchased to subsequently rent out, which can generate a good passive income. The average return on investment rate for a unit is 5%. Retail stores are considered to have high liquidity and can always be sold quickly.
The annual rental rate for an office starts at AED 520,000 (USD 142,000), and the annual rental rate for a shop starts at AED 990,000 (USD 270,000).
*The price is valid for 2021
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