IRTIFA'A TOWER

OVERVIEW

Irtifa'a Tower is a commercial commercial office tower in Business Bay, Dubai. Irtifa'a Tower is a commercial office building in Business Bay, providing strata-titled office accommodation within Dubai's established central commercial district. Business Bay is one of Dubai's primary commercial districts, located along the Dubai Creek extension adjacent to Downtown Dubai and the Burj Khalifa District. The district is served by the Business Bay Metro Station (Red Line) and benefits from direct access to Sheikh Zayed Road and Al Khail Road, providing strong connectivity across the broader metropolitan commercial network.

OFFICE STOCK AND TENANT PROFILE

Irtifa'a Tower provides commercial office accommodation across its floors, serving the broad occupier base characteristic of Business Bay: financial services firms, professional services practices, technology companies, real estate operators, and regional corporate offices seeking a central Dubai commercial address. The strata ownership structure accommodates a mix of individual owner-occupiers and investors seeking yield from Business Bay's broad commercial occupier demand base. The Business Bay submarket's established position as one of Dubai's largest office districts underpins consistent occupier demand across the leasing cycle.

RENTAL MARKET

Irtifa'a Tower is positioned within the mid-market tier of the Business Bay office market. Business Bay offers a wide pricing spectrum from accessible strata products to premium Grade A institutional towers, with the district's central Dubai location and Metro connectivity supporting sustained occupier demand. Irtifa'a Tower is positioned competitively within the Business Bay strata market, with pricing reflective of its specification and location within the district. Lease terms in Business Bay typically range from one to three years for strata assets and three to five years for larger institutional occupancies.

SALES MARKET

Irtifa'a Tower strata units are available for purchase through the secondary market at pricing consistent with mid-market Business Bay commercial strata product. Business Bay's established position as a major commercial district supports consistent secondary market activity for strata office assets at accessible price points relative to DIFC and Sheikh Zayed Road Grade A product. Gross yields are broadly consistent with the mid-market Business Bay strata benchmark. Buyers should confirm service charge levels and the owners' association's financial reserves before committing to any acquisition.

LOCATION AND ACCESS

Irtifa'a Tower is located in Business Bay, with the Business Bay Metro Station (Red Line) providing direct public transport connectivity to Downtown Dubai, DIFC, and the broader metropolitan network. Sheikh Zayed Road and Al Khail Road are accessible within minutes, providing strong vehicle connectivity. The Business Bay district provides an established business amenity environment with supporting retail, hospitality, and F&B infrastructure distributed throughout the cluster. Dubai International Airport is approximately 15 to 20 minutes by road in off-peak conditions. The Business Bay Creek extension waterfront and the surrounding district retail and F&B network provide an established business environment amenity that supports occupier satisfaction throughout the working day.

RISKS AND WATCHPOINTS

Irtifa'a Tower faces the characteristic risks of Business Bay strata commercial stock: competition from a large and growing inventory of commercial towers and the governance complexity of strata management. Business Bay broadly faces the characteristic risks of a large and competitive commercial district: sustained new supply delivery applies pressure on older stock, and the wide range of building specifications means occupiers have significant choice within the submarket. Buyers and occupiers should confirm service charge levels, verify individual unit condition, and assess the owners' association's governance and financial position before committing to any lease or acquisition in Business Bay. Prospective occupiers should confirm service charge levels and individual unit condition before committing to a lease, and investors should verify the owners' association's reserve fund position. Business Bay's central Dubai location, Metro connectivity, and proximity to Downtown Dubai provide structural occupier demand advantages that support consistent leasing activity across the submarket's commercial strata segment.

STRATEGIC PERSPECTIVE

Irtifa'a Tower is a mid-market tier Business Bay commercial option suited to occupiers and investors targeting the district's established central Dubai position at mid-market pricing. The Business Bay district's Metro connectivity, proximity to Downtown Dubai, and well-established business community infrastructure make it a compelling commercial address across multiple occupier profiles. Irtifa'a Tower is a mid-market Business Bay strata commercial option suited to SMEs and professional services firms seeking a central Dubai commercial address. Service charges and unit condition are the primary due diligence variables before committing. Service charges, building condition, and individual unit inspection are the standard due diligence requirements before committing to any lease or acquisition.