HQ BY ARISTA PROPERTIES

OVERVIEW

HQ by Arista Properties is a Grade A off-plan commercial tower by Arista Properties in Al Furjan, Dubai, with completion targeted for Q4 2027. Designed by John R Harris and Partners, the building delivers 42 shell-and-core office units from approximately 1,475 square feet across three basement levels, ground floor, seven office floors, and a rooftop amenity deck, plus four ground-floor retail units. The building targets LEED Gold certification and is positioned as the first Grade A commercial development in Al Furjan — directly addressing the significant under-supply of premium office accommodation that characterises Dubai's broader commercial market. Pricing commences from AED 2,050 per square foot on a 50/50 payment plan, with Q4 2027 handover.

OFFICE STOCK AND TENANT PROFILE

HQ by Arista Properties will deliver 42 shell-and-core office units from approximately 1,475 square feet, served by four levels of dedicated parking and AI-enabled access control. The building targets professional services firms, investment offices, and owner-occupiers requiring Grade A accommodation. The rooftop amenity programme — comprising a swimming pool, gym, outdoor yoga deck, business lounge, podcast studios, meeting pods, and conference room — is designed to attract premium occupiers. Dubai faces a well-documented structural shortage of Grade A and premium commercial office space, and as the first Grade A tower in Al Furjan, HQ addresses an unmet occupier need in this high-growth district.

RENTAL MARKET

As an off-plan development, HQ by Arista Properties has no established rental market at the time of writing. Indicative projections based on a gross yield approach suggest a conservative gross return of approximately 8 percent on acquisition price — approximately AED 175 per square foot per annum — a practical scenario of 10 percent (approximately AED 225 per square foot per annum) and an optimistic scenario of 12 percent (approximately AED 250 per square foot per annum). Commercial yields in Dubai are structurally higher than residential, supported by shorter lease cycles and strong occupier demand in a supply-constrained market. Actual returns will depend on market conditions at handover and quality of occupier secured. Independent rental appraisal is strongly recommended prior to any acquisition commitment.

SALES MARKET

HQ by Arista Properties units are offered for sale off plan on a freehold basis, from AED 2,050 per square foot on a 50/50 structure — 50 percent during construction and 50 percent at Q4 2027 handover. Units are individually strata-titled, supporting secondary market liquidity. Purchasers should verify Arista Properties' DLD project registration and escrow arrangements before committing. As the first Grade A development in Al Furjan, there is limited comparable evidence to benchmark pricing; investors should independently assess whether the specification and submarket justify the entry price relative to established Grade A markets. All off-plan purchases carry delivery and market risk. Independent legal and commercial advice is strongly recommended.

LOCATION AND ACCESS

HQ by Arista Properties is situated in Al Furjan, between Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. Al Furjan Metro Station on the Red Line is approximately 6 minutes by road. The planned Etihad Rail Station is approximately 5 minutes away. Dubai Investment Park is approximately 9 minutes; Jebel Ali Free Zone approximately 10 minutes; Dubai Marina approximately 12 minutes; Festival Plaza and Ibn Battuta Mall approximately 12 minutes; Dubai Internet City and Dubai Media City approximately 13 minutes. Al Maktoum International Airport is approximately 28 minutes and Dubai International Airport approximately 30 minutes under normal traffic conditions.

RISKS AND WATCHPOINTS

HQ by Arista Properties is an off-plan development subject to construction and delivery risk; the Q4 2027 completion target is contingent on contractor performance and regulatory approvals. Arista Properties is a relatively new developer; purchasers should conduct thorough due diligence on track record, financial standing, and DLD escrow arrangements. As the first Grade A development in Al Furjan, the building operates in an unproven premium commercial submarket: achievable Grade A rents at handover are uncertain and the occupier base willing to pay premium rates in a suburban rather than central location may be limited. Strata governance risk is present; owners' association management quality will influence long-term asset quality and common area standards.

STRATEGIC PERSPECTIVE

HQ by Arista Properties occupies a differentiated position as the first LEED Gold Grade A tower in Al Furjan, targeting owner-occupiers and investors requiring premium specification at a lower price than Business Bay or DIFC. The building benefits from metro connectivity, a strong amenity programme, and access to JAFZA, Dubai Investment Park, and Al Furjan's growing residential catchment. Dubai's structural shortage of Grade A office supply supports the broad investment thesis, though the specific Al Furjan commercial occupier demand base remains to be established. This is a higher-risk, higher-yield proposition appropriate for investors comfortable with emerging-submarket Grade A risk and first-mover uncertainty in an unproven suburban premium office location.