AL MOOSA TOWER 1

OVERVIEW

Al Moosa Tower 1 is a 22-storey strata-titled office building developed by Al Moosa Group, completed in 1996 on Sheikh Zayed Road. As one of the earlier purpose-built commercial towers delivered on the SZR corridor, it occupies an established position in the value-tier segment of the SZR office market. The building operates under a strata ownership structure with units available for both lease and sale, and has maintained a consistent commercial occupancy base across nearly three decades of operation. The wide unit size range — from approximately 218 to 8,017 square feet — supports a broad occupier spectrum from individual practitioners through to mid-size businesses requiring larger consolidated configurations.

OFFICE STOCK AND TENANT PROFILE

Al Moosa Tower 1 provides strata-titled office accommodation across its 22 floors, with units ranging from approximately 218 to 8,017 square feet. The wide size range targets small and mid-size occupiers including SMEs, professional services firms, trading companies, and regional businesses. Its long operational track record of approaching 30 years means it is well embedded in the local SME market, with an established occupier community that values the central SZR address at accessible pricing. The small minimum unit size of approximately 218 square feet serves the most cost-sensitive end of the SZR occupier demand base where absolute rental cost is the primary selection criterion.

RENTAL MARKET

Rental rates at Al Moosa Tower 1 are positioned at the value tier of the SZR office market, reflecting the 1996 vintage and Grade B+ specification. The wide unit size range accommodates occupiers at multiple rental cost levels within the same building. Competitive pricing relative to newer Grade A delivery on the corridor makes it an attractive option for cost-conscious occupiers who need an SZR address without committing to premium-tier rents. The building's long establishment on the corridor supports consistent lease renewal activity from the established SME tenant community that values cost certainty over specification upgrades.

SALES MARKET

Strata units are available for direct purchase through Al Moosa Group or registered agents in the secondary market. At the value tier of the SZR strata market, acquisition pricing is accessible for individual investors and owner-occupier businesses. The 1996 vintage means specification and refurbishment expectations should be calibrated accordingly — buyers are acquiring an established SZR address rather than a modern specification asset. Gross yields at the value tier are typically above the corridor average, reflecting the higher risk premium associated with older-vintage stock and the more volatile occupier base it attracts.

LOCATION AND ACCESS

The tower is located on Sheikh Zayed Road within the established commercial stretch south of the Trade Centre roundabout. It benefits from frontage on the main arterial highway and is within accessible distance of the World Trade Centre and Financial Centre Metro stations (Red Line). Road connectivity to DIFC, Downtown Dubai, and the broader city commercial network is direct. Dubai International Airport is approximately 15 to 20 minutes by road under typical traffic conditions, providing practical access for occupiers with international travel requirements.

RISKS AND WATCHPOINTS

Al Moosa Tower 1's primary risk is specification obsolescence. A 1996-vintage Grade B+ strata building competes in a corridor that has seen sustained delivery of post-2010 Grade A product, and the specification gap is material and widening over time. At approaching 30 years old, building systems — HVAC, lifts, electrical infrastructure — require close monitoring and will need capital replacement within a foreseeable planning horizon. The granular strata structure makes coordinating building-wide capital investment challenging. Individual unit condition varies significantly depending on each owner's investment in fit-out and maintenance, making physical inspection essential before any lease or acquisition decision. Given the building's nearly 30-year age, a thorough inspection of individual unit condition and building services is non-negotiable before committing.

STRATEGIC PERSPECTIVE

Al Moosa Tower 1 is a value-tier SZR address — the right choice for occupiers who need a central Sheikh Zayed Road presence at the lowest available strata cost, or for investors seeking accessible entry into the corridor at a low capital threshold. Expectations must be calibrated to a nearly 30-year-old Grade B+ building rather than a modern office address. Unit condition varies widely in strata buildings of this vintage; physical inspection before lease or purchase is non-negotiable. The building's longevity and established occupier community are its principal commercial anchors. For cost-sensitive occupiers and entry-level private investors, it delivers SZR presence at a price point unavailable elsewhere on the corridor.