Palm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
Lumena Offices — commercial office space in Business Bay from Mitchell's Commercial Real Estate

Omniyat · Business Bay

Lumena Offices

PriceFrom AED 4,300 PSF
Payment plan50/50

Connect for special pricing and payment terms.

Sizes
4,056 to 16,649 sq ft
Delivery
Shell & core
Handover
Q4 2029
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Property

Lumena by OMNIYAT

Location: Business Bay (Prime SZR frontage at the gateway, minutes from DIFC & Downtown)

Project Overview

  • 260-metre commercial tower

  • G + 47 Floors

  • Total Office Units: 91

    • Standard Offices: 59 units (Avg. GSA: 4,966 sq. ft)
    • Half Floors: 30 units (Avg. GSA: 8,451 sq. ft)
    • Full Floors: 2 units (Avg. GSA: 16,937 sq. ft)
  • Total Office GSA: 582,184 sq. ft

  • Total Retail Space: 40,605 sq. ft (6 units – not available for sale)

  • Dedicated Amenity Space: 63,155 sq. ft

  • 1,000+ Parking Spaces

  • 19 Double-deck Passenger Elevators

Starting Prices: From AED 4,300 (Shell & Core)

Unit Sizes: From 4,056 to 16,649 sq. ft

Payment Plan: 50/50

Handover: Q4 2029 (Expected)

Amenities

  • First-of-its-kind Sky Theatre for high-impact presentations and events

  • Executive Wellness Suite with:

    • Sky Pool
    • High-performance Gym
    • Yoga, Pilates, Sauna, and Ice Baths
  • Exclusive Owners' Club

  • Executive Business Club with:

    • Conference Facilities
    • Co-working Spaces
    • Event Spaces
  • Outdoor Rejuvenation Terrace

  • Landscaped Sky Gardens

  • Curated Retail Podium and Fine Dining Venues

  • Concierge, Valet Parking, and 24/7 Office Services

  • Smart Building Management System (BMS)

  • Managed by OMNIYAT

  • Targeting Sustainability & Tech Certifications:

    • LEED Platinum
    • WELL Core & Shell Platinum
    • WiredScore Platinum
    • SmartScore Platinum

Views

  • North: Burj Khalifa & City Skyline
  • South: Jumeirah Beach & Burj Al Arab
  • East: Business Bay & Burj Khalifa
  • West: Bvlgari Island & Jumeirah Coastline

Location

Lumena — Business Bay, Dubai

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Illustrative model

Scenario modeller

Set your own assumptions and see how Lumena Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure. We have not assumed one.

0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are considering.

Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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