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Emaar Square Building 5, Downtown DubaiReady

Emaar Square Building 5, Downtown Dubai

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HIGHLIGHTS

ABOUT EMAAR SQUARE BUILDING 5

Building 5 is the fifth building in the Emaar Square complex, Downtown Dubai. The low-rise building consists of 8-storeys that feature commercial units. It is developed by Emaar Properties and designed by a DAR consultant. Being a part of an A-grade commercial complex, Emaar Square Building 5 has landscaped courtyards, retail shops and pedestrian walkways and VIP drop-off. The substructure of the building features basement parking which is managed by the GreenParking system.

Emaar Square Building 5 street view
The street view outside Emaar Square Building 5

Downtown Dubai is a hotspot in Dubai for both locals and tourists. Its tallest skyscraper, Burj Khalifa and iconic dancing Dubai Fountain make it a known destination. Not only this, but it ranks among the top areas for buying luxury flats in Dubai, as stated in the 2020 Bayut & dubizzle’s Dubai Annual Market report for properties for sale. This is due to its upscale apartments and offices with top-notch amenities and easy access to other important areas like Business Bay and Sheikh Zayed Road.

IN A NUTSHELL

  • Type of building: Commercial
  • Location: Downtown Dubai
  • Developer: Emaar Properties
  • Number of floors: 8 floors    
  • Unit Type: Fitted office spaces, coworking office spaces
  • Type of ownership: Freehold
  • Amenities: Basement parking, six high-speed elevators
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BUILDING DETAILS

FACILITIES IN EMAAR SQUARE BUILDING 5

PARKING

Parking in Emaar Square Building 5
Additional parking outside Emaar Square Building 5

The tower has a basement parking floor that both tenants and visitors can use. This is also managed by the GreenParking system.

ELEVATORS

Building 5, Emaar Square, is equipped with six high-speed elevators.

SECURITY AND CONCIERGE SERVICES

The commercial building has 24-hour security and a concierge facility. It receives its district cooling supply from Emaar’s cooling plants.

SAFETY FEATURES

Safety features in the building include fire alarms, smoke detectors and fire extinguishers.

PROPERTIES IN EMAAR SQUARE BUILDING 5

While there are a few retail units on the ground floor, the building mainly consists of:

  • Fully-fitted office spaces
  • Coworking office spaces

Fully-fitted office spaces are ready to move in and allow minimal or no remodelling. For those who are looking for small office spaces on a budget, they can rent coworking spaces in the building.

OFFICES IN EMAAR SQUARE BUILDING 5, DUBAI

Emaar Square Building 5, Dubai, offers spacious offices for rent in Downtown Dubai. The annual rents for fitted offices in Building 5 range between AED 429k to AED 1.3M. These come with coverage areas ranging from 1,000 sq. ft. to 5,000 sq. ft. and have up to seven parking spaces. The floor to ceiling windows, beautiful community views, videoconferencing facilities and high-tech communication system give these offices an edge over other office spaces available in the area. While the offices on the lower floors view community gardens, office spaces on the upper floors have scenic views of Burj Khalifa and other skyscrapers in the area.

The smallest office space in Building 5 covers around 1,982 sq. ft. and demands an annual rent of AED 350k. It is fully furnished with partitions, covered parking and broadband connection. A similar office with a slightly larger area of 3,066 sq. ft. is available with an annual rent of AED 429k. It has glass partitions, seven reserved car parking spaces and a DED licence. For office spaces ranging between 3,500 sq. ft. and 5,000 sq. ft., tenants can expect to pay annual rents lying between AED 450k to AED 615k.

A larger office space with an 8,645 sq. ft. can demand a rent of 1.3M yearly. There are a few coworking spaces in the building. These have approximately 157 sq. ft. and feature shared facilities of pantries, washrooms, conference rooms and meeting rooms. This demand an annual rent of AED 45k.

SERVICE CHARGES IN BUILDING 5, DOWNTOWN DUBAI

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
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General upkeep of the building
1.36
Maintenance
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General repairs and replacements
2.08
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
0.94
Management Services
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Owner’s association charges for managing the property
0.64
Insurance
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Charge for the insurance of the building
0.51
Master Community
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Fees for communal facilities in the neighbourhood
3.30
Reserved Fund
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Funds used for major repairs and to help maintain the yearly service charges fees
0.50
Total 9.33

These figures are based on the services charges for Emaar Square Building 5* as per the Dubai Land Department.

There are many different types of service charges in Dubai; read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

TRANSPORTATION NEAR BUILDING 5, DOWNTOWN DUBAI

BUS STATIONS NEAR BUILDING 5, DOWNTOWN DUBAI

There are many bus stations available within 5 to 6 minutes of drive. These include Dubai Mall MS Landside A, Wasl Etisalat, The Dubai Mall and Za’abeel.

METRO STATIONS NEAR BUILDING 5, DOWNTOWN DUBAI

Business Bay Metro station is nearest, at a distance of a 5-minute drive. Other options include Burj Khalifa/ Dubai Mall Metro station, Financial Centre Station and Emirates Tower subway station. For more information, you can read the Dubai metro guide on MyBayut.

RESTAURANTS NEAR EMAAR SQUARE BUILDING 5, DOWNTOWN DUBAI

The restaurants near Building 5 include:

  • Beit Wared Restaurant
  • Micro UAE
  • At.Mosphere Burj Khalifa
  • Tulum Restaurant
  • The Restaurant at Address Downtown

People can find a variety of food options at a driving distance of 8 to 10 minutes. For Lebanese cuisines, one can head to Beit Wared Restaurant. The Restaurant at Address Downtown has a collection of British food items. For Mexican and grilled food, one can visit Tulum Restaurant. For enjoying International cuisines in a romantic environment, At.Mosphere in Burj Khalifa is an ideal place.

Cafes near Emaar Square Building 5, Dubai are:

  • Brews Cafe
  • More Cafe
  • The Kana Cafe
  • Tiramisu Cafe L.L.C
  • The Cereal Killer Cafe

These cafes are available at a distance of 8 to 10 minutes of drive. You can find a variety of coffees and teas along with salads and snacks.

For fine dining options, people working in Emaar Square Building 5 can consider the following restaurants:

  • Tresind Dubai
  • Zuma 
  • Teatro

Tresind Dubai is one of the top fine-dining restaurants in Dubai. It offers contemporary options along with Indian food items. It is located at a driving distance of 12 minutes from the building. Zuma, in DIFC, is an 8-minute drive away and serves Japanese cuisines. There is also a variety of sushi available in the restaurant. Teatro in Towers Rotana offers Japanese, Chinese, Italian and Indian cuisines.

NEARBY BUILDINGS

Emaar Square Building 5, Downtown Dubai, is surrounded by the following towers:

  • Westbury Residence
  • The Loft By Emaar
  • Elite Downtown
  • The Residences 5
  • Miska 4
  • Burj Views Tower C

All these buildings are available at a 5 to 10-minute drive from Emaar Square. People who are working at Emaar Square and looking to live nearby can consider these buildings. They have a variety of apartment options available. Burj Views Tower C has studios to 2-bedroom flats, Elite Downtown has studios to 3-bedroom units, whereas Miska 4 has 1 to 4-bedroom apartments. Those looking for offices for sale in Downtown Dubai can check out units in Boulevard Plaza Tower 1 and other buildings in Emaar Square.

THINGS TO CONSIDER

Emaar Square Building 5, Downtown Dubai, has upscale commercial units along with several amenities. However, an A-grade commercial building demands high rental amounts, which cannot be affordable for everyone.

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