Bayut - colliersdxb-100012339

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AED1,814,675

Yearly

European Business Center, Dubai Investments Park 1, Dubai Investments Park (DIP), Dubai

732 sqft

A Merge Unit | Golf Simulator Venue with F&B Space

An excellent opportunity for investors and operators looking to establish or expand an indoor golf entertainment business in Dubai. The premises already feature an installed golf simulator setup, offering a significant advantage for operators looking to minimize initial fit-out requirements and commence operations with an existing facility. The space is thoughtfully arranged with several dedicated golf simulator rooms, washroom facilities and a designated café area, making it ideal for an indoor golf entertainment concept combining sports, leisure and F&B.

Existing Facilities
• Golf simulator equipment and setup already fitted.
• Several dedicated golf simulator rooms.
• Washroom facilities.
• Designated café area.
• Suitable for golf entertainment, coaching, private bookings, corporate events and social gatherings.

Property & Leasing Details
• Total Area: 12,515 sq. ft.
• Rental Rate: AED 145 per sq. ft. per annum.
• Service Charge: AED 32 per sq. ft. per annum (DEWA and utilities included).
• Parking: Approximately 15 parking spaces (1 space per 850 sq. ft. ).
• Minimum Lease Term: 3 years.
• Payment Terms: 4 cheques.

Rental Escalation
• Year 1: AED 145 per sq. ft.
• Year 2: 5% escalation.
• Year 3: Additional 5% escalation.

Additional Charges & Terms
• Security Deposit: 10% of Year 3 annual rent after escalation.
• Commission: 10% + VAT.
• NOC Fee: AED 525.
• Ejari Fee: AED 180.
• Service charges payable upfront for each calendar year.

Location:
European Business Center, DIP
Dubai

A ready-made opportunity for golf entertainment operators looking to establish a premium indoor golf destination with existing simulator infrastructure, multiple playing rooms and café facilities.