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OFFICE SPACE FOR SALE IN DAMAC EXECUTIVE HEIGHTS, BARSHA HEIGHTS (TECOM)
Domestic Real Estate is delighted to offer you this Great investment deal,
A full office floor located in one of the highest demanded office buildings in Tecom (AL Barsha Heights). Damac Executive heights
Property Features:
- Full Floor
- 7 title deeds (selling all in one deal only)
- Total Size 16,647 SQFT not including the common area which includes a pantry and washrooms and will be exclusive for the floor owner
- 21 Parking included
- Fully Fitted
- Building is 10 minutes walking to Dubai Internet City Metro Station, with a bus station right at entrance.
- Visitors Parking inside the building.
Financials:
- The offices are rented for 1 tenant for 2.2m AED per year.
- The Net ROI after service charge and transfer fees is 6.61%.
-The ROI is expected to exceed 9% as offices demand is increasing in a fast pace due to lack of supply.
- The offices are applicable for 5% VAT, the buyer can refund this amount if they register in FTA.
Tecom, or Barsha Heights, also offers an array of amenities that consist of leisure and entertainment outlets, residential accommodation, hotels, retail shops, sports clubs, parks and plenty of other facilities. The area is also well-connected to the city through Sheikh Zayed Road and Jebel Ali Race Course Road.
We are a boutique real estate agency based in Meydan, Dubai, committed to delivering exceptional property services across Dubai. Our expertise lies in property consultancy for leasing and selling commercial and residential properties.
For more details and Inquiries, Please call us @ 04 422 6104 or 050 750 7144
[link not available]
Property details
Property Type
Office Space
Property Size
16,647 sqft / 1,547 sqm
A full office floor located in one of the highest demanded office buildings in Tecom (AL Barsha Heights). Damac Executive heights
Property Features:
- Full Floor
- 7 title deeds (selling all in one deal only)
- Total Size 16,647 SQFT not including the common area which includes a pantry and washrooms and will be exclusive for the floor owner
- 21 Parking included
- Fully Fitted
- Building is 10 minutes walking to Dubai Internet City Metro Station, with a bus station right at entrance.
- Visitors Parking inside the building.
Financials:
- The offices are rented for 1 tenant for 2.2m AED per year.
- The Net ROI after service charge and transfer fees is 6.61%.
-The ROI is expected to exceed 9% as offices demand is increasing in a fast pace due to lack of supply.
- The offices are applicable for 5% VAT, the buyer can refund this amount if they register in FTA.
Tecom, or Barsha Heights, also offers an array of amenities that consist of leisure and entertainment outlets, residential accommodation, hotels, retail shops, sports clubs, parks and plenty of other facilities. The area is also well-connected to the city through Sheikh Zayed Road and Jebel Ali Race Course Road.
We are a boutique real estate agency based in Meydan, Dubai, committed to delivering exceptional property services across Dubai. Our expertise lies in property consultancy for leasing and selling commercial and residential properties.
For more details and Inquiries, Please call us @ 04 422 6104 or 050 750 7144
[link not available]
Regulatory information
Regulatory information
Reference
1010431378065