Sale in Bayan Business Center: Commercial Building For Sale | 90% Occupied | DIP

Bayan Building is a stabilized office and retail investment opportunity with substantial growth prospects.

- Bayan Building is situated within Dubai Investments Park
- DIP is a well-established business location
- The Property was completed in 2008
- Comprises ground floor retail with 6 upper office floors
- Net Leasable Area of 236,354 sq. ft
- Office element is c. 90% occupied and retail occupancy is at 98%
- Tenants include Imdaad, Elegant Space, Centaur Group and National General Insurance
- Gross revenue of AED 10.35mn, potential annual income of AED 11.5mn
- Varied lease terms with a selection of tenants committed until 2029
- Excellent car parking provision of 480 spaces
- Leasehold - sits on a ground lease with Dubai Investments Park Authority
- Offers significant cashflow upside via improving operational efficiency

DLD Permit No.: 1315107290

Further information is available in a data room, access can be provided on request.