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BUSINESS TOWER

  • SELLING PRICE @ AED 1,800,000
Business Tower, Business Bay, Dubai
For Sale Fully Rented Distress Deal

BUSINESS TOWER

Business Tower, Business Bay, Dubai
  • SELLING PRICE @ AED 1,800,000

Overview

Property ID: HZ18535
  • Shop, Commercial, Retail Space
  • Property Type
  • Retail Space
  • Bedrooms
  • 1,036.03
  • Sq. Ft.

Description

BUSINESS TOWER

DAMAC Properties


About DAMAC Business Tower


DAMAC Business Tower is a striking 22-storey commercial tower located in the heart of Business Bay, Dubai. Designed with a focus on modern functionality and sustainability, the tower offers businesses a prestigious address in one of Dubai’s top commercial districts.

DAMAC Properties is a leading real estate developer in the Middle East, known for delivering luxury residential, commercial, and leisure properties. Established in 2002, DAMAC has developed a reputation for creating iconic projects that offer high-quality living and working experiences.

DAMAC Business Tower is designed to meet the needs of a variety of companies, providing a prestigious address with state-of-the-art facilities. The tower features innovative office spaces, cutting-edge technology, and a commitment to sustainability.

Located on Marasi Drive in Business Bay, DAMAC Business Tower offers easy access to major business districts, shopping centers, and entertainment hubs. The tower is strategically positioned near Dubai Creek, providing stunning waterfront views and a serene environment. The location ensures excellent connectivity to key areas such as Downtown Dubai, DIFC, and Dubai International Airport.



BUILDING DETAILS:

  • Type of building: Commercial
  • Location: Marasi Drive, Business Bay, Dubai
  • Developer: DAMAC Properties
  • Date of completion: 2011
  • Number of floors: 22
  • Unit types: Offices and Retail Spaces
  • Type of ownership: Freehold
  • Amenities: Gym, swimming pool, spa, running track, rooftop terrace, high-speed internet, multi-level parking, 24-hour security, conference facilities


BUILDING FACILITIES:

  • PARKING: Multi-level car park with ample parking space for tenants and visitors. The parking area is well-lit and secured with CCTV surveillance.
  • ELEVATORS: High-speed elevators ensuring quick and efficient movement within the building.
  • SECURITY, CENTRAL AIR-CONDITIONING, & MAINTENANCE SERVICES: 24/7 security with CCTV surveillance, centralized air-conditioning for consistent comfort, and regular maintenance services to ensure the building remains in top condition.
  • GYM & FITNESS FACILITIES: Fully equipped gym, shaded outdoor swimming pool, health facilities, steam rooms, and saunas.
  • LIFESTYLE AMENITIES: Rooftop terrace offering stunning views, running track, and spa facilities.
  • CONFERENCE FACILITIES: Meeting hall with full conference facilities, ideal for business meetings and events.
  • HIGH-SPEED INTERNET: Reliable and fast internet connectivity throughout the building.


Offices and Retail Spaces:


Office sPACES:

DAMAC Business Tower offers a range of office spaces designed to cater to various business needs. Here are some key details:

  • Sizes: Office spaces range from small units of around 500 sq ft to larger spaces exceeding 2,000 sq ft.
  • Layouts: Flexible layouts that can be customized to suit different business requirements, including open-plan offices, private offices, and meeting rooms.
  • Features:
    • High-speed internet connectivity
    • Advanced IT infrastructure
    • Modern interiors with high-quality finishes
    • Floor-to-ceiling windows providing ample natural light and stunning views of the Dubai skyline and Dubai Creek
    • Dedicated reception areas and business lounges
    • Access to conference facilities and meeting rooms equipped with the latest technology


Retail Spaces:

The retail spaces in DAMAC Business Tower are designed to attract a diverse range of businesses, from cafes and restaurants to boutiques and service providers. Here are some key details:

  • Sizes: Retail units vary in size, typically ranging from 300 sq ft to over 1,000 sq ft.
  • Layouts: Flexible layouts that can be tailored to meet the specific needs of different retail businesses.
  • Features:
    • Prime location on Marasi Drive, ensuring high foot traffic and visibility
    • Modern shopfronts with large display windows
    • High ceilings and spacious interiors
    • Central air-conditioning and advanced lighting systems
    • Ample parking for customers and staff
    • Access to building amenities such as the gym, swimming pool, and rooftop terrace


Additional Benefits:

  • Networking Opportunities: Being located in a bustling commercial hub like Business Bay provides ample opportunities for networking and collaboration with other businesses.
  • Accessibility: Easy access to major roads, public transportation, and nearby amenities makes it convenient for employees and customers alike.
  • Sustainability: The building incorporates sustainable design elements, such as energy-efficient systems and environmentally friendly materials.


NEARBY AMENITIES:

  • MODES OF TRANSPORTATION:
    • Metro: Business Bay Metro Station (approx. 5 mins by car)
    • Bus: Multiple bus stops along Sheikh Zayed Road (within walking distance)
    • Taxis: Readily available in the area
  • RESTAURANTS:
    • Meli’s Kitchen: Bistro Type with healthy European to Asian options (approx. 5 mins by car)
    • Zaitouna Bay Restaurant & Pool Lounge: Serving Mediterranean, Italian, and Indian fusion (approx. 5 mins by car)
    • Puzatic Restaurant: Serves Russian cuisine (approx. 7 mins by car)
    • La Serre Bistro & Boulangerie: Serves French cuisine (approx. 10 mins by car)
    • Zuma: Serving Japanese cuisine (approx. 10 mins by car)
    • The Cheesecake Factory: Serving American cuisine (approx. 10 mins by car)
    • Fire Lake Grill House Restaurant & Bar: Serves American cuisine (Grill and Bar) (approx. 15 mins by car)
  • SUPERMARKETS:
    • Carrefour Market: Wide range of groceries and household items (approx. 5 mins by car)
    • Spinneys: Fresh produce and international products (approx. 7 mins by car)
    • Zoom: Convenience store for daily essentials (within walking distance)
  • NURSERIES, SCHOOLS, & INSTITUTES:
    • Horizon English School: British curriculum (approx. 10 mins by car)
    • Jumeirah International Nursery: Early years education (approx. 8 mins by car)
    • GEMS Wellington Primary School: British curriculum (approx. 12 mins by car)


NEARBY BUILDINGS:

  • The Opus: A mixed-use building designed by Zaha Hadid, featuring office spaces, residences, and a hotel. It is approximately 5 minutes away by car.
  • Executive Towers: A residential complex in Business Bay, offering a variety of apartment types and amenities such as swimming pools, gyms, and retail outlets. It is about 7 minutes away by car.
  • Vision Tower: A commercial skyscraper in Business Bay, known for its distinctive architecture and modern office spaces. It is approximately 6 minutes away by car.
  • Ubora Towers: A mixed-use development with residential and commercial spaces, offering high-end facilities and services. It is around 8 minutes away by car.


NEARBY MAJOR LANDMARKS:

  • Burj Khalifa: The world’s tallest building, featuring observation decks, luxury residences, and fine dining restaurants. It is approximately 10 minutes away by car.
  • Dubai Mall: One of the largest shopping malls in the world, offering a vast array of retail stores, dining options, and entertainment facilities, including an aquarium and an ice rink. It is about 10 minutes away by car.
  • Dubai Opera: A cultural and arts venue hosting a variety of performances, including opera, ballet, concerts, and theater. It is approximately 10 minutes away by car.
  • Dubai Fountain: The world’s largest choreographed fountain system, located at the base of the Burj Khalifa, offering daily water and light shows. It is around 10 minutes away by car.


THINGS TO CONSIDER:


DAMAC Business Tower offers a prestigious address with top-notch amenities and a prime location. However, the premium pricing and potential traffic congestion in Business Bay during peak hours are factors to consider. Overall, it is an excellent choice for businesses seeking a modern and well-equipped workspace in the heart of Dubai.


  • Address Business Bay, Dubai, UAE Empire Heights 2
  • City Dubai
  • State/county Dubai
  • Area Business Bay
  • Country United Arab Emirates

Details

Updated on March 12, 2025 at 6:25 am
  • Property ID: HZ18535
  • Price: SELLING PRICE @ AED 1,800,000
  • Property Size: 1,036.03 Sq. Ft.
  • Bedrooms: Retail Space
  • Property Type: Shop, Commercial, Retail Space
  • Property Status: For Sale, Fully Rented

Additional details

  • Property Type: Retail Space (Shop)
  • Size: 1,036.03 Sq. Ft.
  • Parking Space: 2
  • Leased: 5-Year Contract
  • 3rd Year Rent (Current Year): AED 147,000
  • 4th Year Rent: AED 154,350
  • 5th Year Rent: AED 162,067

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  • Global Energy Performance Index:
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