Properties for Sale in Downtown Dubai
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Office Space for Sale in Al Saaha, Downtown Dubai

Investors | Tenanted | Prime Location

Property type:
Office Space
Property size:
11,941 sqft / 1,109 sqm
17,900,000 AED
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Location

Map
Al Saaha
Dubai, Downtown Dubai

Agent

Richard Beaumont
Commercial Consultant at CRC
Speaks English

Description

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 9.1%
* Net yield 6.6%
* 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 world’s 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: +97144090911

Our team of 150 agents boasts unrivaled community expertise across Dubai, Abu Dhabi, and the GCC.

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17,900,000 AED
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