Engel & Völkers Commercial to exclusively broker Dubai’s first freehold licensed F&B retail spaces at Marriott Residences JVC

UAE – Engel & Völkers Commercial has been appointed as the exclusive brokerage partner for the sale of Dubai’s inaugural freehold, licensed food and beverage (F&B) retail spaces. 

These unique units are situated within the upcoming Marriott Residences in Jumeirah Village Circle (JVC), an upscale and rapidly growing community in Dubai.

This offering presents a pioneering investment opportunity for both established F&B operators and investors seeking exposure in Dubai’s vibrant hospitality real estate market.

Investors can choose between two attractive ownership models tailored to diverse business strategies and risk appetites.

The first is a guaranteed return on investment (ROI) model, which offers a fixed 10% annual return over five years. Under this scheme, the units are managed by a branded operator, providing investors with a hassle-free income stream and professional oversight.

This approach appeals to those seeking predictable earnings and hands-off asset management.

Alternatively, the shell-and-core ownership model allows F&B entrepreneurs to acquire fully licensed, freehold retail spaces where they can introduce their own unique brand concepts.

This flexible solution enables operators to customize interiors and tailor the business according to their vision while benefiting from owning prime retail property in a thriving residential hub.

Several signature concepts are already in development to complement this model, with additional investment opportunities still available.

Both models feature post-handover payment plans designed to ease financial commitments and enhance affordability for buyers.

Investors will also receive full freehold title ownership, ensuring long-term security, capital appreciation potential, and full property rights in one of Dubai’s most sought-after addresses.

Marriott Residences JVC combines Marriott International’s world-renowned hospitality and lifestyle brand with a prime location in Jumeirah Village Circle, providing residents and visitors access to luxury living, premium amenities, and seamless connectivity across Dubai.

The development features highly serviced apartments, gyms, pools, and extensive leisure facilities, creating an ideal environment for high footfall retail.

This first-of-its-kind initiative caters to the growing market demand for licensed F&B spaces with full ownership benefits, filling a crucial gap in Dubai’s exceptional hospitality real estate offerings.

Engel & Völkers Commercial’s exclusive appointment underscores their expertise in facilitating premium real estate transactions in the emirate’s dynamic commercial property sector.

With Dubai’s hospitality and food service sectors thriving, this launch offers a compelling avenue for investors and operators aiming to capitalize on robust market fundamentals and the expanding JVC community.

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