The Citadel, Business Bay

The Citadel, Business Bay

HIGHLIGHTS

About The Citadel, Business Bay

In the heart of Business Bay, one of the most bustling commercial hubs in Dubai, one will find The Citadel - a high-rise commercial building. The Citadel is a 48-storey tower developed by Deyaar Development. The construction of the tower started in 2005 and was completed in 2009. With a built-up area of 1.1M sq. ft, The Citadel offers office spaces and showrooms.

The building has a 24-hour security system, emergency lighting system and retail spaces on the ground floor. The Citadel stands 201 metres tall and features 3 basement parking floors. The Citadel is close to Al Aamal Street and Sheikh Zayed Road.

IN A NUTSHELL

  • Developed by Deyaar Development 
  • 48-floor commercial tower 
  • 3-floor basement parking
  • Stands 201 metres tall
  • Offers freehold properties 
  • High-rise building
  • Close to Sheikh Zayed Road and Business Bay Metro Station

BUILDING DETAILS

Facilities in The Citadel, Business Bay

The Citadel is a modern commercial building, hence it boasts multiple amenities and facilities.

Parking

Street parking is located next to the building
Street parking is also available

There is a 3-floor basement parking in The Citadel. You can get multiple parking slots, but the space would vary according to the size of the unit you own or rent. Street parking is also available near the building.

Elevators

There are multiple high-speed elevators in The Citadel. 

Security and Concierge Services

The tower has 24-hour CCTV security system and 24-hour concierge services. One can also find a lobby in the building and a guest waiting area.

Properties in The Citadel, Business Bay 

Tenants can find 29,000 sq. ft. of retail space on the ground floor of The Citadel. You will find multiple types of offices in the building.

  • Shared offices 
  • Shell-and-core offices 
  • Fitted offices 

Tenants can enjoy community views from these properties. Many offices in The Citadel offer electricity backup and high-speed broadband internet.

Offices in The Citadel 

The Citadel is situated in Business Bay, a popular area for buying and renting offices. Covered areas for offices in The Citadel range from 887 sq. ft. to 2,874 sq. ft. Offices for rent in The Citadel are available for AED 65k to AED 120k. Some offices have much higher rents as they include multiple bathrooms and a closed cabin. Offices situated on the upper floors of the building offer views of the community and the Dubai Canal.

Offices for rent in Business Bay are available for AED 15k to AED 200k. Rents for a fully fitted office unit in The Citadel can range from AED 65k to AED 105K.

Offices for sale in The Citadelare available for AED 650k to AED 3.75M.  The starting price for a fully fitted office for sale is AED 650k. You can also purchase larger offices for AED 3.75M. For Shell-and-core offices, the average sales price is AED 875k. As for the larger community, offices for sale in Business Bay range from AED 600k to AED 2.5M.

Shops in The Citadel

The shops in The Citadel are can be found on the ground floor. These shops are mostly used for retail stores, cafes or restaurants. Renting a shop in The Citadel costs AED 326k, on average. Shops for rent in Business Bay can range from AED 40k to AED 500k.

You can buy shops in Business Bay for AED 500k to AED 7.4M. These are fitted retail options with shop sizes ranging from 2,100 sq. ft. to 2,333 sq. ft.

Rental Trends in The Citadel 

  • To rent fully fitted offices in The Citadel, one has to pay around AED 90k.

Sale Trends in The Citadel 

  • Investors can expect to pay AED 875k for a 1,075 sq. ft. shell-and-core office. 
  • 887 sq. ft. fully fitted offices are priced at AED 650k

Service Charges in The Citadel

GENERAL FUND
PRICE PER SQ. FT. IN AED
General Fund
Services
PRICE PER SQ. FT. IN AED
2.32
General Fund
Maintenance
PRICE PER SQ. FT. IN AED
1.79
General Fund
Utilities Services
PRICE PER SQ. FT. IN AED
4.96
General Fund
Management Services
PRICE PER SQ. FT. IN AED
0.77
General Fund
Insurance
PRICE PER SQ. FT. IN AED
0.39
General Fund
Master Community
PRICE PER SQ. FT. IN AED
0.52
General Fund
Total
PRICE PER SQ. FT. IN AED
10.75
RESERVED FUND
PRICE PER SQ. FT. IN AED
Reserved Fund
Reserved Fund
PRICE PER SQ. FT. IN AED
0.88
Reserved Fund
Total
PRICE PER SQ. FT. IN AED
11.63
ADJUSTMENTS
PRICE PER SQ. FT. IN AED
Adjustments
Adjustments
PRICE PER SQ. FT. IN AED
-1.28
Adjustments
Total
PRICE PER SQ. FT. IN AED
-1.28

These are the service charges for The Citadel* as per the Dubai Land Department. Bayut has worked on creating a guideline for Dubai service charges index. Those interested in buying a property in Dubai can get complete information in the detailed guide.

Please note that these service charges are subject to change.

NEARBY AMENITIES

Transportation near The Citadel

The Citadel is located near Al Aamal Street and Marasi Drive Street in Business Bay. Office owners and tenants will find it easy to commute as the most popular modes of public transportation near The Citadel are a 9-minute drive away.

Bus Stations near The Citadel

The closest bus stop from the building is Hadiqa Street 2, Bus Stop; it is a 9-minute drive away.

Metro Stations near The Citadel

Business Bay Metro Station is a 7-minute drive from The Citadel, Business Bay.

Business Bay Metro Station Dubai
Business Bay Metro Station is served by the The Red Line

Restaurants near The Citadel

Business Bay community features a wide range of restaurants and cafes to suit every budget and taste preference. You can try a variety of cuisines within the neighbourhood.

Popular restaurants in Business Bay Dubai near The Citadel are:

  • Kitchen 6
  • MATTO Indian Restaurant
  • IL Gazebo

Fine dining restaurants near The Citadel include: 

  • Prime 68 
  • Rang Mahal
  • Ananta

Many fine dining restaurants near The Citadel can be found within a distance of 10 minutes. Since JW Marriott Marquis Dubai is near the building, tenants can visit Prime 68. It offers delicious steak and vegetarian options along with the mesmerising views of the Dubai Canal

One can also visit Rang Mahal, an Indian restaurant when in the mood for some desi cuisine. Another Indian restaurant that’s worth visiting is Ananta. It is an ideal place to enjoy good food in a good ambience.

Nightlife options near The Citadel include: 

  • Seven Sisters
  • Vault
  • 1 Oak Dubai

As JW Marriott Marquis Hotel is near the commercial tower, one can easily visit many famous nightlife spots in Business Bay. Seven Sisters is an outdoor lounge offering Asian food. The place is also known for its Ladies’ Night. You can also visit The Vault bar, which is one of the favourite tourist spots in the community. 1 Oak Dubai is the only night club in the JW Marriott Marquis Hotel.

NEARBY BUILDINGS

  • Al Manara Tower - Commercial building
  • The Bayswater by Omniyat- Commercial building
  • The Oberoi Dubai - Hotel

The Citadel is located close to commercial towers such as Al Manara Tower and The Bayswater by Omniyat. You can also visit The Oberoi Dubai - Hotel that is near the commercial building.

THINGS TO CONSIDER

The Citadel is not just another commercial building in Business Bay. It is one of the most affordable buildings to rent or own an office. One thing to consider is that properties here do not remain vacant for long and it might be difficult to find a space that best suits your needs. 

Are you looking to buy or rent offices in The Citadel?
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