Palm JumeirahAED 3,586/sqftDubai Maritime CityAED 3,135/sqftDowntown DubaiAED 2,919/sqftDubai IslandsAED 2,764/sqftDubai Creek HarbourAED 2,566/sqftBusiness BayAED 2,545/sqftDubai MarinaAED 2,493/sqftDubai Hills EstateAED 2,445/sqftJumeirah Lakes TowersAED 2,288/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,047/sqftJumeirah Village TriangleAED 1,664/sqftDubai SouthAED 1,648/sqftArjanAED 1,593/sqftJumeirah Village CircleAED 1,500/sqftDubai Sports CityAED 1,329/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm JumeirahAED 3,586/sqftDubai Maritime CityAED 3,135/sqftDowntown DubaiAED 2,919/sqftDubai IslandsAED 2,764/sqftDubai Creek HarbourAED 2,566/sqftBusiness BayAED 2,545/sqftDubai MarinaAED 2,493/sqftDubai Hills EstateAED 2,445/sqftJumeirah Lakes TowersAED 2,288/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,047/sqftJumeirah Village TriangleAED 1,664/sqftDubai SouthAED 1,648/sqftArjanAED 1,593/sqftJumeirah Village CircleAED 1,500/sqftDubai Sports CityAED 1,329/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
Burj Capital Cancellation Deal — special deal from Mitchell's Commercial Real Estate

Special Deal

Burj Capital Cancellation Deal

Starting PriceAED 2.14 million
Asset TypeGrade A office units
AvailabilityOnly 8 units
Sold

This deal has closed and the units are no longer available. The page is kept as a record of a deal we brought to market. Every figure on it — the entry price, the discount to the developer’s own pricing, the payment schedule and the projected returns — is the position as the deal was offered, and is historic. It is not an indication of what the same units, or comparable ones, would cost today. Ask us what is currently available on comparable terms.

Looking for something like Burj Capital Cancellation Deal?

This deal has closed. Tell us the size, area and budget you're working to and a member of the Mitchell's team will come back with the deals that are open now. 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?

On this page

Quick navigation

Special Deal

OVERVIEW OF THE DEAL

This is a rare off-market cancellation deal involving a limited release of just 8 Grade A+ office units at Burj Capital available at a minimum 20% below the original launch price.

The units were originally acquired as part of a bulk institutional purchase at a heavily negotiated discount. The bulk buyer has since withdrawn from the transaction, and I have been given explicit approval to sell the individual units at the same bulk-discounted pricing, rather than reverting them to current market rates.

This creates a genuine pricing inefficiency — allowing private investors to access institutional-level pricing in a landmark commercial development.

 

WHY THIS DEAL STANDS OUT

Despite the discounted entry point, these units continue to offer two independent return drivers:

  1. Strong rental yield potential, supported by a well-documented undersupply of commercial office space.
  2. Capital upside, generated by buying substantially below the original developer price and current comparable market levels.

Dubai is currently experiencing a severe undersupply of office units, particularly Grade A and Grade A+ offices in established and emerging business districts. New supply has not kept pace with demand from regional headquarters, multinationals, professional services firms, and free-zone expansions, resulting in rising rents and tightening vacancy levels across the city.

This imbalance materially strengthens both income security and exit value for well-located, high-quality office assets.

 

PRICING & MARKET POSITIONING

  • Starting price from: AED 2.14 million
  • Asset type: Grade A office units
  • Development: Landmark, high-quality commercial project
  • Availability: Only 8 units

When benchmarked against comparable Grade A office developments (see pricing table provided separately), these units are materially underpriced on a price-per-square-foot basis, despite being of equivalent or superior specification.

ProjectGradeDeveloperLocationO.P. Per Sq Foot
Shahrukhz A Danube Al Sufouh AED3,700
Lumena Alta A+ Omniyat Business Bay AED4,400
Lumena A+ Omniyat Business Bay AED4,300
Sol Luxe Tower A+ Sol Trade Center AED4,800
Bureau Lamar A+ Lamar Business Bay AED4,250
AHS Tower A AHS DIFC AED4,000
Sobha Central A Sobha Jebel Ali Village AED5,500
Burj Capital A+ Centurion Business Bay AED4,600
Burj Capital (Special Deal) A+ Centurion Business Bay From AED 2,900

 

PAYMENT PLAN & FINANCING

A highly investor-friendly payment structure further enhances returns:

  • 20% down payment
  • 5% staged installments linked to construction progress
  • 50% on completion

SAMPLE SCHEDULE OF INSTALLMENT PAYMENTS

Sample Unit Price: AED 3,670,000

VAT: 5%

Payment ScheduleDate%Amount (AED)Amount (AED) Inc. VAT
Downpayment Immediate 20.0% AED600,000 AED630,000
Admin/Registration Fee Immediate AED5,000 AED5,250
DLD Immediate 4.0% AED120,000 AED120,000
Installment 1 Jun-26 5.0% AED150,000 AED157,500
Installment 2 Dec-26 5.0% AED150,000 AED157,500
Installment 3 May-27 5.0% AED150,000 AED157,500
Installment 4 Nov-27 5.0% AED150,000 AED157,500
Installment 5 Feb-28 5.0% AED150,000 AED157,500
Installment 6 May-28 5.0% AED1,475,000 AED1,542,750
54.0%
Handover Dec-28 50.0% AED1,500,000 AED1,575,000
104.0% AED2,975,000 AED3,117,750

Importantly, the handover payment is mortgage-eligible, allowing investors to finance the final balance through a local UAE bank. This significantly improves cash-on-cash returns and reduces upfront capital deployment.

PRICING ADVANTAGE & RENTAL YIELD OUTLOOK

The pricing differential on this opportunity is material and immediately quantifiable.

  • Developer’s original price: AED 4,600 per sq. ft.
  • Developer's lowest recorded transaction: AED 3,295 per sq. ft.
  • Our special off-market entry price: AED 2,900 per sq. ft.

This represents a discount of over 36% to the original developer pricing, creating immediate embedded equity at the point of acquisition. In fact the lowest recorded Oqood transaction registered since the launch is AED 2,983,000, and our lowest available price is AED 2,140,000.

From an income perspective, the numbers are equally compelling. Using a conservative downside rental assumption of just AED 350 per sq. ft., the asset delivers a projected net rental yield in excess of 10% from day one.

This is deliberately cautious.

Comparable Grade A+ office buildings in similar locations are already achieving AED 450+ per sq. ft., supported by exceptionally low vacancy rates and sustained demand from corporate occupiers. At those rental levels, the yield profile improves materially beyond the base-case projection.

Importantly, these yield estimates do not factor in future rental growth, which is widely expected given the structural undersupply of Grade A office space across Dubai. With limited new stock coming online and demand continuing to expand, upward pressure on rents is not speculative—it is already evident in market data.

This combination of:

  • Deep discount to replacement cost
  • Double-digit net yield on conservative assumptions
  • Clear rental growth tailwinds

makes this a rare example of a commercial investment offering both immediate income strength and medium-term capital upside, rather than forcing a trade-off between the two.

FINANCIAL PROJECTIONS

In this section, you will find a detailed overview of Return on Equity (ROE), Income Yields, and Return on Investment (ROI), all calculated on the basis of a five-year holding period. The projects featured here are assessed using deliberately conservative assumptions to ensure that the projections remain prudent, realistic, and grounded in current market conditions rather than optimistic forecasting.

Beneath the accompanying financial tables, you will find a clear summary of the underlying assumptions used in each calculation. These assumptions are provided to give full transparency into the methodology and to demonstrate that the projected outcomes are both achievable and defensible, based on prevailing rental trends, capital growth expectations, and typical cost structures observed in comparable assets.

PROJECTED RETURN ON EQUITY INVESTED (ROE)

Equity Invested AED1,542,750
Holding Period 3 Years
Original Price + Appreciation AED4,495,908
Return on Equity AED2,953,158
ROE 191.4%
IRR 63.8%

RENTAL YIELD PROJECTION

Comparable Annual Rent (Today) AED350,000
Comparable Net Rental Yield 10.8%
Projected Annual Rent (Handover) AED428,765
Projected Annual Rent Yield 13.8%

TOTAL RETURN ON INVESTMENT (ROI) (5-YEAR HOLDING PERIOD)

Equity Invested AED3,117,750
Projected Resale Value AED4,495,908
Return on Equity AED1,378,158
Rental Income AED919,658
5-Year ROI AED2,297,816
ROI % 73.7%
IRR 14.7%

INVESTMENT ASSUMPTIONS

Capital appreciation has been conservatively modelled at 7% per annum, despite current market data indicating that commercial property values are rising at over 20% annually, driven primarily by the acute shortage of Grade A office space.

Rental income assumptions are similarly conservative. The model uses AED 350 per sq. ft., while the developer’s own projections indicate achievable rents of approximately AED 450 per sq. ft.. Recent market evidence also shows office rental growth exceeding 20% year-on-year, suggesting further upside beyond the base case.

Return on equity (ROE) calculations are based on an exit scenario after 50% of the payment plan has been completed. However, a No Objection Certificate (NOC) for resale is available after 30%, allowing for an earlier exit if required. As a result, realised ROE could be materially higher, depending on the holding period and timing of exit.

THIS DEAL HAS CLOSED

The eight Grade A+ cancellation offices at Burj Capital are no longer available. The AED 2,900 per sq ft entry price, the 20% / staged / 50% payment structure and the unit list behind them were the terms of that release. They are recorded here rather than offered, and nothing on this page is a live quote.

The mechanism that produced it has not changed. A cancellation is how pricing negotiated for a bulk institutional buyer reaches a private one; it goes to a broker rather than to a portal, and it is withdrawn and repriced quickly. That is why a deal like this one is gone before most buyers hear of it.

Tell us the budget, floor size and district you are working to, and we will come back with the office deals that are open now.

Register for similar deals

Illustrative model

Scenario modeller

Set your own assumptions and see how Burj Capital Cancellation Deal 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.

Got questions?

Get Answers!
Need help?