Palm Jumeirah AED 3,559/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,883/sqftDubai Islands AED 2,774/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,500/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,459/sqftJumeirah Lakes Towers AED 2,321/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,051/sqftJumeirah Village Triangle AED 1,658/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,559/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,883/sqftDubai Islands AED 2,774/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,500/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,459/sqftJumeirah Lakes Towers AED 2,321/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,051/sqftJumeirah Village Triangle AED 1,658/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,487/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
Saba Tower 1 — commercial building in Jumeirah Lake Towers (JLT) from Mitchell's Commercial Real Estate

Jumeirah Lake Towers (JLT) · Office

Saba Tower 1

37-storey freehold office tower by Saba Properties, ~323,000 sq ft, completed 2018.

Ownership
Freehold

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Commercial Building

Overview

Saba Tower 1 is a commercial office tower within Jumeirah Lake Towers (JLT), forming part of the Saba Towers complex within the DMCC free zone. The building provides freehold commercial office accommodation (individual units sold to separate owners) serving the JLT submarket's core SME and professional services occupier base. The Saba Towers complex — of which Tower 1 is one component — occupies an established position within JLT's freehold commercial inventory. Freehold unit ownership provides flexibility for both individual investors seeking yield and owner-occupiers seeking a freehold DMCC-licensed address within the JLT cluster.

Office stock

Saba Tower 1 provides freehold office units across multiple commercial floors, accommodating a mix of SMEs, professional services firms, trading companies, and DMCC-licensed businesses seeking accessible office accommodation within the JLT free zone cluster. The unit size range caters to the typical JLT occupier demand profile of small-to-mid-size businesses requiring defined, self-contained office space at competitive pricing. The DMCC free zone licensing available to registered occupiers provides trade licence registration and visa allocation benefits that underpin consistent demand from regionally active businesses throughout the JLT leasing market.

Rental rates

Saba Tower 1 is positioned within the mid-market tier of the JLT freehold leasing segment. Rental rates are competitive with comparable freehold commercial products across JLT, reflecting the building's specification and positioning within the submarket. The DMCC free zone address and cost advantage relative to premium Dubai commercial submarkets underpin sustained occupier demand from businesses in the technology, media, trading, and professional services sectors that form the core of JLT's occupier base. Lease terms follow standard DMCC market conventions of one to three years.

Sales prices

Freehold units in Saba Tower 1 are actively traded in the secondary market, with consistent demand from individual investors and owner-occupiers attracted by the DMCC free zone status and mid-market pricing. The secondary market for JLT freehold commercial units provides reasonable liquidity at accessible price points, supported by persistent demand from DMCC-licensed businesses and yield-oriented private investors targeting the JLT commercial segment. Buyers should confirm current service charge levels and the financial position of the owners' association before committing to any acquisition.

Dubai Land Department register

Registered sales

Register extract · registered sales to 21 Oct 2026

Show sizes and rates in
Recorded sales
252register extract, to 21 Oct 2026
Recorded span
2008 – 2026
AED / sq ft
771median, 239 unit sales to 21 Oct 2026
Registered DLD sales for this building, sortable by any column.
21 Oct 2026Office1,2793,000,0002,346
13 Oct 2026Office1,7084,150,0002,430
24 Sept 2026Office1,8944,071,4342,150
24 Sept 2026Office1,8063,882,8362,150
24 Sept 2026Office1,2792,749,5492,150
23 Sept 2026Office1,3662,725,0001,995
26 Aug 2026Office8,98021,250,0002,366
7 Jul 2026Office6391,185,1511,853
29 Apr 2026Office1,8013,245,5081,802
16 Mar 2026Office3,4969,225,0002,639

Showing 10 of 10 records held — the register extract published with this page.

Location and access

Saba Tower 1 is located within JLT, accessible via the JLT internal road network and the broader arterial road connections to Sheikh Zayed Road (E11) and Al Khail Road. The DMCC Metro Station on the Red Line is within the JLT cluster, providing direct public transport connectivity to Dubai Marina, Business Bay, and the broader metropolitan network. The JLT podium amenity layer provides retail, food and beverage, and banking facilities directly accessible to building occupants and the wider JLT community.

Risks

Saba Tower 1 faces the characteristic risks of JLT freehold commercial stock: competitive pressure from newer and better-specified buildings, and the governance complexity of owners' association management across multiple individual unit owners. Building condition and the state of mechanical and electrical systems should be assessed carefully before committing to a lease or purchase, with specific attention to the maintenance programme and capital expenditure plans of the owners' association. Service charge levels and the financial reserves of the owners' association are key diligence points for both occupiers and investors considering the building. Prospective occupiers should request the owners' association's most recent financial statements and service charge budget before committing to a lease, and should conduct a physical inspection of the specific unit they intend to occupy to assess fit-out condition and any outstanding maintenance issues. Investors should model service charge levels into net yield calculations and assess the building's capital expenditure reserve position to avoid unexpected assessments after acquisition. The JLT freehold market's transparency on pricing makes benchmarking straightforward, but individual unit condition remains the key variable that standard market comparisons cannot capture.

Perspective

Saba Tower 1 is a practical mid-market JLT freehold commercial option for SMEs and professional services firms seeking DMCC-licensed office space at competitive pricing within the JLT cluster. For investors, the building delivers yield-focused exposure to the DMCC freehold commercial segment at accessible entry price points consistent with the mid-market JLT investment tier. The principal diligence considerations are service charge levels, the owners' association's reserve fund position, and the individual unit condition — all variables that can affect the total cost of occupancy and the quality of the occupier experience in freehold buildings of this type. Individual unit inspection and service charge verification are the key steps before committing.

Location

Saba Tower 1 — Jumeirah Lake Towers, Dubai

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