Palm JumeirahAED 3,631/sqftDubai Maritime CityAED 3,135/sqftDowntown DubaiAED 2,922/sqftDubai IslandsAED 2,753/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,562/sqftDubai MarinaAED 2,496/sqftDubai Hills EstateAED 2,439/sqftJumeirah Lakes TowersAED 2,279/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,047/sqftJumeirah Village TriangleAED 1,665/sqftDubai SouthAED 1,647/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,505/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm JumeirahAED 3,631/sqftDubai Maritime CityAED 3,135/sqftDowntown DubaiAED 2,922/sqftDubai IslandsAED 2,753/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,562/sqftDubai MarinaAED 2,496/sqftDubai Hills EstateAED 2,439/sqftJumeirah Lakes TowersAED 2,279/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,047/sqftJumeirah Village TriangleAED 1,665/sqftDubai SouthAED 1,647/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,505/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026

Property

Undisclosed Grade A+ Office Tower Offices

Interested in Undisclosed Grade A+ Office Tower Offices?

Ask us anything about this one — the asking price, the payment terms, the running costs, or how it compares with what else is trading nearby. A member of the Mitchell's team will come back with a straight answer and a clear next step. It takes under a minute, and there's no obligation.

Choose one — the next questions adapt to your answer.

Scan or tap to message Mitchell's on WhatsAppScan or tap to chat

Prefer to connect directly?

Property

An Undisclosed Grade A+ Office Tower — Business Bay

Location: Business Bay, Dubai

A 66-floor A+ grade commercial tower is coming to Business Bay, next to Lumena Tower by Omniyat, a moment's walk from Business Bay Metro Station. It is the work of one of the UAE's most reputable developers, which has asked that its name is not attached to the project until it launches formally, so this page names no developer.

Nothing below is a developer-published figure. The rate, the service charge and the handover date are indicative pre-launch guidance given to us ahead of the release. None of them is contractual, all of them are expected to move, and each will be replaced by the developer's own terms the moment those are published. There is no brochure, factsheet, floor plan set or price list behind this page, because none has been issued.

Indicative Office Configuration

  • Tower: 66 floors, A+ grade, commercial throughout
  • Units per floor: one, two or four
  • Quarter floor: approximately 2,500 sq ft
  • Half floor: approximately 5,000 sq ft
  • Full floor: approximately 10,000 sq ft
  • Launch rate: indicated at AED 4,500 per sq ft — indicative, not a published rate
  • Entry price, derived, not quoted: the AED 4,500 per sq ft rate against the smallest release, a quarter floor of about 2,500 sq ft, works out to about AED 11,250,000 for that unit — our arithmetic on the rate above, not a developer-quoted price
  • Payment plan: to be confirmed — no terms have been released
  • Service charge: indicated at AED 25 per sq ft — indicative, not a published rate
  • Handover: indicated for Q1 2030, on a programme described as around three and a half years

What We Do Not Have Yet

We publish what has been released and nothing else. For this tower that means we do not hold a developer name we are free to print, a brochure or factsheet, a floor plate schedule, a payment plan, an EOI or booking amount, a RERA project or escrow number, a service charge schedule, or a confirmed handover date. We hold no DLD registration for it either, so there is no government record to set against the guidance above.

Ask us for any of these and we will go to the developer for them as the launch opens.

The full teaser, and the register-your-interest form for this release, is at Undisclosed Grade A+ Office Tower — new launch.

Illustrative model

Scenario modeller

Set your own assumptions and see how Undisclosed Grade A+ Office Tower Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are actually 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 actually considering.

How each figure is calculated
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.

Location

Undisclosed Grade A+ Office TowerBusiness Bay, Dubai

Get Directions

Got questions?

Get Answers!
Need help?