THE OFFICES 2

OVERVIEW

The Offices 2 is the second of five Grade A LEED Gold-certified commercial office towers forming the One Central development in Dubai, developed and managed by the Dubai World Trade Centre (DWTC) Authority. One Central is a premium office, hotel, and retail quarter completed in approximately 2021 alongside the existing Dubai World Trade Centre exhibition campus. All five Offices towers are built to international Grade A standards and carry LEED Gold certification, providing a new-generation commercial office product on Sheikh Zayed Road between Emirates Towers and the Dubai World Trade Centre. The World Trade Centre Metro Station provides on-site rapid transit access directly integrated into the One Central development.

OFFICE STOCK AND TENANT PROFILE

The Offices 2 delivers Grade A commercial office accommodation as part of the five-tower One Central campus, managed institutionally by the DWTC Authority under a single-ownership leasing framework. The campus collectively provides a combined commercial office NLA across the five towers, integrated with approximately 126,000 square feet of retail and F&B space distributed at podium level throughout the development. The LEED Gold certification across all five towers supports occupiers with sustainability reporting requirements and ESG-aligned workplace commitments. The occupier profile reflects the premium Sheikh Zayed Road and DWTC adjacency: corporate regional headquarters, professional services firms, financial institutions, and exhibition-dependent businesses.

RENTAL MARKET

The Offices 2 is positioned in the premium tier of the Sheikh Zayed Road commercial office market, competing directly with Emirates Office Tower and other Grade A assets on the corridor and offering a specification advantage over many pre-2015 SZR assets given its 2021 delivery. The DWTC Authority's single-ownership management provides consistent lease terms across all five Offices towers, with institutional-standard documentation and service delivery. The LEED Gold certification and new-build specification support premium rental positioning above older SZR stock, while the on-site World Trade Centre Metro Station access provides a connectivity advantage that older corridor buildings cannot match.

SALES MARKET

The Offices 2 is a DWTC Authority-owned institutional asset with no strata sales market for individual office units. Investment interest would be at the whole-building or whole-campus level as a sovereign-linked institutional transaction, valued against occupancy, lease covenant quality, weighted average lease term, and the strategic premium of the One Central, Sheikh Zayed Road address adjacent to the DWTC exhibition campus. The DWTC Authority's sovereign ownership structure and the campus's LEED Gold certification position The Offices towers as prime institutional assets at the top end of the SZR commercial office investment market.

LOCATION AND ACCESS

The Offices 2 is located in the One Central development on Sheikh Zayed Road, with the World Trade Centre Metro Station (Red Line) directly integrated into the complex — providing on-site rapid transit access to Business Bay, DIFC, Downtown Dubai, and the broader metropolitan network. Sheikh Zayed Road frontage provides direct arterial highway access, and the adjacent Dubai World Trade Centre exhibition campus offers immediate access to one of the largest convention and exhibition facilities in the Middle East. The development's 126,000 square feet of integrated retail and F&B is accessible at podium level directly from all five Offices towers. Dubai International Airport is approximately 15 minutes by road.

RISKS AND WATCHPOINTS

The Offices 2 is a premium DWTC Authority-managed asset where occupiers deal directly with a government-linked single landlord — a structure that provides management consistency but eliminates the flexibility of strata purchase. The DWTC exhibition campus creates significant traffic and access pressure during major events — GITEX, Arab Health, The Big 5, and others — which requires occupiers to plan for periodic access disruption. Government institutional management processes for maintenance approvals and fit-out works may be more procedural than equivalent private landlord timelines. Occupiers should build realistic lead times into fit-out and operational planning when engaging with the DWTC Authority leasing team.

STRATEGIC PERSPECTIVE

The Offices 2 is a premium Grade A commercial address within One Central — a genuinely new-generation product on Sheikh Zayed Road that combines LEED Gold certification, institutional DWTC Authority management, on-site Metro integration, and direct connectivity to the DWTC exhibition campus. For corporate occupiers, professional services practices, and exhibition-adjacent businesses that value a Sheikh Zayed Road address with new-build specification and the convenience of on-site metro access, One Central is the most compelling new-build commercial office product on the SZR corridor. The government-linked institutional ownership provides stability and governance quality. Confirm lease terms and service charges directly with the DWTC Authority leasing team before committing.