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AED 6,000,000 
Rajan Sareen,CORE (Dubai)
Rajan Sareen
CORE (Dubai)

Blue chip company, Net ROI - 5 year Lease

Office for sale in Grosvenor Business Tower, Barsha Heights (Tecom)

1,524 AED/sq.ft
3,937 sq. ft
Open plan
6 Parking
Not furnished
RERA: 2025
Permit: 1840413995
Ref: CO-S-8501
Listed: 6 months ago

This Office is represented by CORE (Dubai)

CORE (Dubai) is part of the UAE's largest real estate agencies that chose to partner with houza.

This 3,937 sq. ft. fitted unit is situated on a high floor of Grosvenor Business, an A-Grade and premium commercial development in Tecom, comes with six parking spaces and is for sale. The unit has been fitted with a raised flooring system, voice and data enabled floor boxes, commercial grade carpeting, DEWA meter, partitioned offices and meeting rooms and, suspended ceiling with all Mechanical, Engineering and Plumbing (MEP) works completed. The office is situated within the tower that comprises of 25 office floors, ground floor retail areas and ample visitor parking. Unit Features: * DED/ Onshore license * Currently occupied with a Grade A PLC / high-profile, blue-chip company * Newly renewed 5-year lease Building Features: * Interconnected podium area that links the 3 towers * High speed elevators * Modern rooftop terrace with skylight design This office is conveniently located in TECOM, Dubai with easy access to Sheikh Zayed Road and the Dubai Metro. #parking: 6 #finish: 'F' #layout: 'O' #furnished: N

Find this property in Grosvenor Business Tower, Barsha Heights (Tecom)

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Investment Opportunity: Charges & Yield

Investing in this property promises a 3.6% yearly net return from an annual rental price of AED 270,472 and accounting for a sum of AED 54,291 covering yearly service charges.
Sale Price
AED
Annual Rental Price
AED
Area
SQFT
Service charges in Grosvenor Business Tower, Barsha Heights (Tecom), Dubai
AED 13.79 per sq ft
Yearly service charges
AED 54,291
Yearly Net Returns
3.6%