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Commercial Building For Sale In Tecom

Tecom, Dubai, UAE
Asking Price:
AED104,500,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Commercial Building for Sale – Tecom, Al Sufouh Second, Dubai
Price: AED 104,500,000

Prime Location
A strategic commercial asset located in the heart of Tecom – Al Sufouh Second, surrounded by major business and lifestyle destinations:
Dubai Media City – Dubai Internet City – Universities – Hotels – American Hospital – Public transport stations – Global corporate offices.
Total Area: 45,822.40 sq ft

Building Details
Property Type: Commercial Building – Offices + Retail Units

Structure: 2 Basements + Ground Floor + 4 Floors

Offices: 36 offices of various sizes

Retail Units / Restaurants: 3 units

Parking: 70 parking spaces

Total Area:

4,257.04 sq m

45,822.40 sq ft

Financial Highlights
Annual Income: AED 14.5 Million

Annual Expenses: AED 4.5 Million (including Tecom usufruct rent)

Net Annual Profit: AED 10 Million

Occupancy Status
Current occupancy: 60%

Remaining spaces under leasing with a corporate tenant

Expected to reach full occupancy by year-end

Land & Usufruct Details
Right Type: Musataha – Full

Usufruct valid and renewed annually

Mortgage Status: Not mortgaged

Property Information

Real Estate:

Lease

Location:

Tecom Dubai