AL MOOSA TOWER 2

OVERVIEW

Al Moosa Tower 2 is a G+30 floor strata-titled office tower on Sheikh Zayed Road, developed by Arenco Real Estate and completed in 2008. Positioned adjacent to Al Moosa Tower 1, it is the later and larger addition to the Al Moosa commercial presence on the SZR corridor, delivering a more contemporary specification and broader unit configurations suited to a wider range of occupier requirements. The building operates under a strata ownership structure with units available for both lease and sale, appealing to SMEs, professional services firms, and regional businesses seeking a mid-market SZR address with unit sizes from individual suites to larger multi-unit configurations.

OFFICE STOCK AND TENANT PROFILE

Al Moosa Tower 2 provides strata-titled office accommodation across its 30 upper floors, with units ranging from approximately 1,332 to 8,012 square feet. This range accommodates occupiers from businesses requiring compact individual suites through to mid-size corporate tenants needing larger consolidated floor plates. The 2008 completion gives it a specification advantage over the adjacent Al Moosa Tower 1, with more modern common areas and building systems suited to the broader range of configurations required by today's professional services and technology occupier base. The building's mid-market positioning supports consistent leasing demand from the SME and professional services segments.

RENTAL MARKET

Rental rates at Al Moosa Tower 2 are positioned in the mid-market tier of the SZR office segment, competitive against similar-vintage strata stock on the corridor. The unit size range from approximately 1,332 to 8,012 square feet accommodates occupiers from individual-suite requirements to larger consolidated configurations, supporting a diverse leasing pipeline. Leasing is transacted through Arenco Real Estate and registered agents in the strata market. The 2008 specification remains functional for the mid-market occupier segment, though the building faces growing pressure from post-2014 delivery on the SZR corridor as newer options enter the competitive set.

SALES MARKET

Strata units are available for direct purchase through Arenco Real Estate and the secondary market. The building's mid-market SZR positioning and established address support investor demand for yield-producing acquisitions at accessible price points. The broad unit size range accommodates investors at multiple capital entry points, from single-suite acquisitions to multi-floor portfolio positions. Gross yields are consistent with the mid-market SZR strata benchmark, with the 2008 vintage constraining capital value appreciation potential relative to newer product. Buyers should confirm service charge levels and the owners' association's financial reserves before committing.

LOCATION AND ACCESS

The tower is located on Sheikh Zayed Road in close proximity to Al Moosa Tower 1, within the established commercial stretch between the Trade Centre roundabout and interchange 4. Metro access is available via the World Trade Centre and Financial Centre stations (Red Line). The location provides strong arterial road connectivity and is within short driving distance of DIFC, Downtown Dubai, and the broader city commercial network. Dubai International Airport is approximately 15 to 20 minutes by road under typical traffic conditions.

RISKS AND WATCHPOINTS

Al Moosa Tower 2 faces characteristic mid-vintage strata risks: increasing competitive pressure from newer Grade A delivery on SZR and the governance complexity inherent in strata management across multiple individual unit owners. The 2008 specification is now approaching approximately 17 years and will require cyclical refurbishment investment to maintain competitiveness against post-2015 product entering the corridor. Building systems — HVAC, lifts, M&E — are entering a life-cycle phase where capital replacement planning is important. Prospective occupiers and investors should confirm the owners' association's maintenance programme, service charge trajectory, and the current operational condition of building services. Buyers should also assess individual unit condition carefully given the building's age and the variation in owner maintenance standards across the strata inventory.

STRATEGIC PERSPECTIVE

Al Moosa Tower 2 is the more credible of the two Al Moosa towers on SZR — it delivers a meaningful specification and unit size improvement over Tower 1 while retaining the established Al Moosa SZR address. The range of approximately 1,332 to 8,012 square feet gives it genuine versatility for a mid-market strata building, accommodating a wider span of occupier size requirements than many comparable SZR strata alternatives. For occupiers, it offers a practical mid-market SZR option with configuration flexibility. For investors, it is a yield-focused play on established SME and professional services demand. Building systems are entering a refurbishment phase — verify the maintenance programme and capital expenditure planning before committing to a long lease or acquisition.