EMAAR SQUARE BUILDING 1

OVERVIEW

Emaar Square Building 1 is one of six commercial office buildings forming the Emaar Square campus in Downtown Dubai, developed and institutionally managed by Emaar Properties. The Emaar Square complex comprises six interconnected buildings arranged around two landscaped courtyards, collectively providing approximately 1 million square feet of Grade A commercial office accommodation. A dedicated travellator connects the campus directly to the Dubai Mall and the adjacent Burj Khalifa Metro Station, creating a unique connection between the office campus and one of the world's largest retail and entertainment destinations. All six buildings are managed directly by Emaar under a single-ownership institutional structure.

OFFICE STOCK AND TENANT PROFILE

Emaar Square Building 1 provides Grade A commercial office accommodation managed directly by Emaar Properties as part of the six-building campus. The single-ownership structure ensures consistent building management, uniform lease terms, and service delivery standards across the entire complex. The campus format creates a cohesive business community where occupiers across all six buildings share the same Emaar Square, Downtown Dubai address identity and courtyard amenity. The occupier profile reflects the premium Downtown Dubai positioning: regional headquarters of multinational corporations, professional services practices, and prestige sector businesses for whom the Emaar Square address and Dubai Mall adjacency carry significant brand value.

RENTAL MARKET

Emaar Square Building 1 is positioned in the premium tier of the Downtown Dubai commercial office market, with Emaar's institutional management and the campus's Dubai Mall travellator connection supporting rental rates that reflect the unique amenity provision and address prestige. Lease terms are managed directly by Emaar, providing occupiers with a single-entity institutional landlord relationship across all six campus buildings — a significant operational advantage over fragmented strata buildings at comparable price points. The campus's Downtown Dubai address and travellator-connected Dubai Mall access support rental premiums above comparable specification in Business Bay and Sheikh Zayed Road.

SALES MARKET

Emaar Square is a single-ownership institutional asset managed by Emaar Properties with no strata sales market for individual office units. Investment interest would be at the whole-campus or individual-building level, valued against occupancy, lease covenant quality, weighted average lease expiry, and the strategic premium of the Downtown Dubai Emaar Square address. The Emaar brand, institutional management, and Dubai Mall travellator access provide characteristics that strata commercial buildings in the same submarket cannot match. Any disposal would be structured as an institutional investment transaction at a scale consistent with Emaar's prime portfolio assets.

LOCATION AND ACCESS

Emaar Square is located in the Burj Khalifa District of Downtown Dubai, connected directly to the Dubai Mall — one of the world's largest shopping and entertainment destinations — via a dedicated travellator link. The travellator also provides direct access to the Burj Khalifa Metro Station (Red Line), connecting campus occupiers to DIFC, Business Bay, and the metropolitan network without street-level travel. Sheikh Mohammed bin Rashid Boulevard is immediately adjacent. The campus's courtyard landscaping provides a green outdoor environment within Downtown Dubai's dense urban fabric. Dubai International Airport is approximately 15 to 20 minutes by road.

RISKS AND WATCHPOINTS

Emaar Square's premium Downtown Dubai positioning and Emaar's institutional management deliver a premium product at premium pricing — the cost gap over Business Bay and Sheikh Zayed Road alternatives is material and must be clearly justified by the occupier's address and amenity requirements. The single-ownership leased structure means strata purchase is not an option, limiting access to institutional or large tenant occupiers who can commit to direct Emaar lease terms. Service charges at an institutionally managed Grade A campus in Downtown Dubai are above the Dubai office market average and must be factored carefully into total occupancy cost calculations before committing.

STRATEGIC PERSPECTIVE

Emaar Square is a premium institutional Grade A campus in the heart of the Burj Khalifa District — offering what no other office product in Dubai combines: six interconnected Grade A buildings, direct Dubai Mall travellator access, courtyard landscaping, and Emaar institutional management, all within the Downtown Dubai address. For occupiers who can justify the Downtown premium and value the Dubai Mall ecosystem integration, it represents the best campus office product in the submarket. The absence of strata purchase options limits access to direct lease tenants only. For institutional investors, the campus's scale and Emaar pedigree make it a prime asset class — but disposal would be at institutional transaction scale, not individual unit level.