BURJ AL SALAM

OVERVIEW

Burj Al Salam is a 58-storey mixed-use high-rise on Sheikh Zayed Road, rising approximately 197 metres and completed in 2014. Engineered by DAR Consult, the building incorporates a substantial commercial office component with office NLA estimated at approximately 435,000 square feet within a total built area of approximately 538,000 square feet. The building is structured under a strata ownership model targeting a broad range of commercial occupiers within the SZR mid-to-upper market. The 2014 completion positions it among the newer cohort of strata office stock on the SZR corridor, giving it a specification advantage over the significant volume of pre-2010 strata supply competing on the same road.

OFFICE STOCK AND TENANT PROFILE

The office NLA of approximately 435,000 square feet represents one of the larger strata-titled commercial inventories delivered on Sheikh Zayed Road during the 2010s development cycle. The building accommodates a range of occupier profiles across its commercial floors, with unit availability through the strata market attracting SMEs, professional services firms, and regional corporate offices seeking post-GFC-era Grade A specification at competitive SZR pricing. The scale of the inventory supports a diverse occupier community across multiple floors, reducing occupancy concentration risk and providing a range of size options for incoming tenants without extended search times associated with lower-inventory strata buildings.

RENTAL MARKET

Burj Al Salam's rental market benefits from its 2014 delivery specification — newer than the majority of strata office stock on SZR — and its substantial NLA which supports a liquid secondary leasing market with consistent availability across unit configurations. Rental rates are positioned in the mid-to-upper SZR strata band, reflecting the DAR Consult engineering standard and the range of unit configurations available. The building competes effectively against both older strata stock on the corridor and, at its upper pricing range, against newer Grade A towers, providing a competitive option spanning a wide segment of occupier demand on the SZR corridor.

SALES MARKET

Strata-titled units are available for direct purchase through the secondary market and registered agents. The building's 2014 specification and central SZR location support investor confidence, and the NLA depth of approximately 435,000 square feet provides a broad pool of available units at varying price points, supporting consistent secondary market liquidity. Investment yields are underpinned by the post-GFC delivery standard and consistent demand from SMEs and regional offices. The building's scale and secondary market depth make it one of the more liquid strata investment vehicles on the SZR corridor by transaction frequency and pricing consistency.

LOCATION AND ACCESS

The tower is located on Sheikh Zayed Road, with its approximately 197-metre height providing strong corridor visibility. Red Line Metro stations are accessible within the SZR corridor, and direct road connectivity to DIFC, Downtown Dubai, and the broader city commercial network is consistent with the corridor's arterial road advantages. Dubai International Airport is approximately 15 to 20 minutes by road under normal traffic conditions. The SZR frontage provides the building with a high level of brand visibility relative to buildings set back from the main highway.

RISKS AND WATCHPOINTS

The principal risk is strata management complexity at scale — approximately 435,000 square feet of NLA across strata ownership involves a large number of individual unit owners, making building-wide capital decisions and coordinated refurbishment planning coordination-intensive. The 2014 specification is an advantage over older SZR strata stock but does not insulate the building from competitive pressure as newer product enters the corridor. Occupiers should confirm service charge levels, which in large strata buildings can vary significantly depending on management efficiency and the owners' association's capital reserve programme. Buyers should verify the reserve fund position before committing to acquisition. Buyers should verify the owners' association's reserve fund position and capital expenditure programme before committing to any acquisition.

STRATEGIC PERSPECTIVE

Burj Al Salam is a credible mid-to-upper tier SZR strata office address with meaningful scale. The 2014 delivery standard provides a specification edge over the large volume of pre-2010 SZR strata stock competing at similar price points, and the NLA depth of approximately 435,000 square feet means there is typically a unit available to match incoming occupier requirements without extended market search. For investors, the building's scale and secondary market liquidity are genuine advantages relative to smaller strata buildings on the corridor. Service charge levels and the track record of the strata management body are the primary due diligence items before committing to a lease or acquisition.