Office for Sale in Downtown Dubai

13,656,000 AED

Ref No
BHM-S-171277
Type
Office
Listing Type
Sale
Building
Al Saaha
Location
Downtown Dubai
Price
13,656,000 AED
Parking
16
Built-up Area
9,110 sq.ft.
View
Community
Rera Permit No
6714974200

Property Details

Ideal target for institutional and large investors who want income and capital protection.

Unique boutique office complex nestled in Downtown adjacent to the Souk al Bahar and the Palace Hotel. Occupants of the complex include legal firms, Government bodies, and prestige businesses.

Prime location assures long-term capital preservation even in difficult times, plus significant growth when economies stabilise in the future.

Tenants of the property offered (three titles), are stable businesses operating successfully in Dubai for many years.

* High-quality commercial yield/income investment
* Prime Location near Dubai Mall
* Multi-year tenancy contract with established clients
* Gross yield 9.0%
* Net yield 6.5%
* Fitted, partitioned
* 21 Parking spaces
* Unlimited visitor parking via the Souk Al Bahar next door

* Metro access via Dubai Mall, walking distance
* Five minutes to DIFC and Business Bay
* Adjacent to the Palace Hotel

One of the tenants occupies two of the titles, and the other occupies the third.

Downtown Dubai, the 500-acre flagship mega-development of Emaar Properties. Burj Khalifa views, adjacent to the worlds largest mall, the good life, an eclectic mix of tourists and residents, boulevard walks, and ease of connectivity.

Company name: CRC Property, the commercial arm of Betterhomes Group
RERA ORN: 97
Address: Vision Tower, 42nd Floor, Dubai
Office phone no: 044090911

Our team of 30 commercial agents boasts unrivaled community expertise across Dubai, Abu Dhabi, and the GCC.

Contact Agent
Richard Beaumont
Commercial Consultant | RERA No. 35800
Call now Make an enquiry
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