For Sale:
Dubai Offices
Downtown Dubai
The Old Town Island
Al Saaha Offices
Bayut - BHM-S-171277
Investors | Tenanted | Prime Location
AED13,656,000
Al Saaha Offices, The Old Town Island, Downtown Dubai, Dubai
9,110 sqft

Investors | Tenanted | Boutique Low-rise

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.

The Tenant of the property occupies both titles and is a stable award winning business operating successfully in Dubai for many years:

* High-quality commercial yield/income investment
* Prime Location near Dubai Mall
* Multi-year tenancy contract with established client
* Gross yield 9.7%
* Net yield 6.0%
* Fitted, partitioned
* 16 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

Downtown Dubai, the 500-acre flagship mega-development of Emaar Properties. Burj Khalifa views, adjacent to the worlds largest mall, the good life, an eclectic mix of tourists and residents, boulevard walks, and ease of connectivity.

#parking: 16 #finish: 'F' #layout: 'P' #furnished: 'No'

Company name: CRC Property, the commercial arm of Betterhomes Group
RERA ORN: 97
Address: Vision Tower, 42nd Floor, Dubai
Office phone no: .

Our team of 30 commercial agents boasts unrivaled community expertise across Dubai, Abu Dhabi, and the GCC

Property Information

  • TypeOffice
  • PurposeFor Sale
  • Reference no.Bayut - BHM-S-171277
  • CompletionReady
  • Average Rent
  • Added on28 October 2021

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