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Solace Waterfront Retail Galleria
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Mandate Ref: LMT-AUH-002Available3D Massing

Retail Galleria · Abu Dhabi

|Luxury Trophy Retail · Freehold — Waterfront Investment Zone

Solace Waterfront Retail Galleria

An ultra-prime marina promenade of 32 luxury retail & fine-dining pavilions with 93.8% occupancy and turnover rent upside.

Waterfront Marina Corridor · Abu Dhabi

Asking Valuation / Cost

AED 118M

AED 1,356 / sq ft

Net Initial Yield (Cap Rate)

7.5%

NOI: AED 8.9M

Projected 5-Yr IRR / ROI

15.2%

+4% / yr escalation

Units Rented / Total

30 / 32

2 vacant (Upside)

Occupancy Rate

93.8%

AED 151 / sq ft

Built-Up Area (BUA)

87,000 sq ft

WALT: 5.3 yrs

01 / Executive Summary

Institutional fundamentals, considered in full.

Solace Waterfront Retail Galleria is a trophy lifestyle destination spanning 87,000 sq ft of gross built-up area (78,000 sq ft GLA) along a 280-metre private marina promenade in Abu Dhabi. Clad in hand-selected Roman travertine and architectural bronze louvers, the destination comprises 32 bespoke units anchored by Michelin-pedigree dining concepts, haute horlogerie boutiques and private wellness clubs.

Currently 30 of the 32 units are leased on base-rent plus turnover-percentage structures, generating AED 11.77M in gross annual income and AED 8.85M in Net Operating Income (7.5% net initial yield).

Key Investment & Covenant Highlights

  • 30 of 32 retail & dining units rented (93.8% occupancy)
  • 280-metre direct marina frontage with yacht berthing access
  • Base rent + 8%–12% turnover rent clauses on all F&B anchors
  • 5.3-year Weighted Average Lease Term (WALT)
  • 260 valet & subterranean climate-controlled parking bays
  • 100% service-charge recovery from tenants

Confidentiality by Design — Exact Plot & Title Deed Reserved

CONFIDENTIALITY & DISCLAIMER: This Executive Investment Profile is issued by LIMITLESS BUSINESS FOR PROPERTY LEASING AND MANAGEMENT L.L.C. (Abu Dhabi, UAE) strictly for preliminary evaluation by sophisticated investors. All figures are indicative. Exact plot coordinates, title deeds and tenant lease contracts are released upon execution of a Non-Disclosure Agreement.

Private Office DeskLMT-AUH-002

Acquire or Enquire on This Mandate

Download the complete Investment Profile PDF or request the audited data room and VIP site inspection with our Relationship Director.

Executive Investment Memorandum (PDF)

Includes ROI, NOI, 30/32 rented units schedule, rent/sq ft & 5-year cash-flow table.

Executive Relationship Director

Abdulraheem Zain Al Hashmi

+971 58 575 3833

Figures shown are indicative underwriting metrics for preliminary evaluation and do not constitute a binding offer or regulated financial advice.

02 / Financial & Underwriting Matrix

Capital, Income & Return Profile.

Download Investment Profile (PDF)
Asking Valuation / Cost
AED 118,000,000
AED 118M
Capital Value / Sq Ft
AED 1,356 / sq ft
Built-Up Area (BUA): 87,000 sq ft
Gross Annual Rental Income
AED 11,772,500
Avg. Passing Rent / Sq Ft: AED 151 / sq ft
Annual Operating Cost (OPEX)
AED 2,922,500
Service Charge / Sq Ft: AED 22.00
Net Operating Income (NOI)
AED 8,850,000
Net of operating outgoings
Net Initial Yield (Cap Rate)
7.5%
Annual Rent Escalation: +4% / yr
Projected 5-Yr IRR / ROI
15.2%
Unlevered 5-Yr IRR baseline
Units Rented / Total
30 / 32 units
2 vacant (93.8% occupied)
Gross Leasable Area (GLA)
78,000 sq ft
Plot Area: 95,000 sq ft
Weighted Avg. Lease Term (WALT)
5.3 yrs
Weighted by passing income
Covered Parking
260 bays
Storeys / Levels: 2 · Completion Year: 2022
Ownership Tenure
Freehold — Waterfront Investment Zone
Asset Classification: Luxury Trophy Retail

03 / Tenancy & Stacking Schedule

Floor-by-Floor Rent Roll & Units.

Breakdown of leasable suites, rented vs. vacant units, passing rent per sq ft and annualised income across building zones.

Floor / ZonePermitted Use / ConfigurationRented / Total UnitsGLA (Sq Ft)Rent / Sq Ft (AED)Annual Rent (AED)WALT
Promenade Pavilions A – DFine Dining & Waterfront Terraces
8 / 8100%
32,000AED 195AED 6,240,0006.2 yrs
Galleria Boutiques E – LHaute Horlogerie, Jewelry & Concept Retail
17 / 1894% (1 vacant)
31,000AED 140AED 4,095,0004.5 yrs
Upper Deck SuitesWellness Clubs & Private Medical Concierge
5 / 683% (1 vacant)
15,000AED 115AED 1,437,5005.0 yrs
Portfolio Total / WeightedLuxury Trophy Retail · Freehold — Waterfront Investment Zone30 / 32 (93.8%)78,000AED 151AED 11,772,5005.3 yrs

Tenant Covenant & Sector Allocation

Signature Fine Dining & Hospitality48%
Luxury Retail & Horology34%
Executive Wellness & Longevity Clinics18%

04 / Interactive Return Simulator

Model Your Capital & Cash-Flow Horizon.

Adjust financing leverage (LTV), holding period and annual rental escalation to stress-test projected cash flow and equity returns.

Financing Leverage (LTV)100% Cash Acquisition
Holding Horizon5 yrs
Annual Rent Escalation+4.0% / yr
1.5%3.5%5.0%6.5%
Initial Equity Required
AED 118M
AED 118,000,000
Cumulative Net Cash Flow
AED 48.55M
5 yrs net income
Projected Exit Valuation
AED 147.95M
At 7.5% exit cap
Net Total Profit
+AED 78.51M
1.67x Equity Multiple
Annualized Return (IRR)
10.7%
Projected IRR (5 yrs)
Year 1 (2026)
Gross Rent: AED 11.77MNet Cash Flow: AED 8,850,000
Year 2 (2027)
Gross Rent: AED 12.24MNet Cash Flow: AED 9,262,450
Year 3 (2028)
Gross Rent: AED 12.73MNet Cash Flow: AED 9,692,567
Year 4 (2029)
Gross Rent: AED 13.24MNet Cash Flow: AED 10,141,081
Year 5 (2030)
Gross Rent: AED 13.77MNet Cash Flow: AED 10,608,752

05 / Architectural Gallery

06 / Interactive 3D Massing

Spatial geometry from every elevation.

Drag to orbit, scroll to zoom and toggle between Gulf daylight and twilight illumination. The 3D model illustrates architectural massing and scale while preserving site confidentiality.

Initialising 3D Architectural Engine

Illustrative 3D Massing · Location Withheld by Design

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