About this property
fam Properties proudly offers this office in Bay Square, situated in the heart of Business Bay, linking South Ridge, Old Town, and The Executive Towers. It is fitted, with good layout, has floor-to-ceiling windows, with 4 parking bays, has a lake view, and is easily accessible to the major highways and close to Business Bay metro station, Sheikh Zayed and Al Khail Roads.
Service Charges: AED 25 per sqft or AED 42,425 per year
Total Rent income: AED 203,640
Total Rent income after Service charges: AED 161,215
Pruchase price AED 1,250 per sqft AED 2,121,250
6% Transfer fee & (Brokerage fee + 5% VAT)
Total Purchase price + Transfer Fees AED 2,293,071.25
NET ROI 5.76%
Building Facilities:
Green parking for Visitors
Reserved Parking
24-hour Surveillance & Security
Assortment of Restaurants and Coffee Bars
5 Star Hotel ( DoubleTree By Hilton)
Mosque/ Prayer Room
Location Advantages:
One minute driving or ten-minute walking distance to The Dubai Mall
Easy access to the city w/ 5 exits & entrance points
Five Star Hotel (Doubletree by Hilton)
Call our Specialist for more information!