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Office for sale

Burj Daman, DIFC

Full Floor | Fitted | Tenanted | Gross Yield 8%

AED 102,000,000

AED 2,292 / sq. ft.

Reference No. CO-S-28971

Office
Type:
Office
Fitted
Fitout Status
Fitted
size
Size
44500.00 sq. ft.
Availability
Availability Date
N/A

Cushman & Wakefield Core presents this 44,500 sqft office located in Burj Daman, DIFC. Positioned on a mid-floor, this property provides parking spaces and is for sale. Burj Daman Office Tower consists of; 16 column-free office floors, a ground floor retail area, ample visitor parking, alongside easy access to Sheikh Zayed Road and the Dubai Metro.

Unit Features:

- Sale Price AED 101,900,000
- Fitted office (full floor)
- Net Leasable area 40,464 sqft
- Gross floor area 44,500 sqft
- Initial Gross yield 8.5%
- Fully-tenanted - 100% Occupied

Building features:
- Grade A office space
- 24-hour security and tenant access
- Double height lobby with spacious reception
- Automatic vehicle stacking and delivery system
- Walking distance to the bus stop and DIFC Metro station

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. An independently owned and operated affiliate of Cushman & Wakefield, operating in the UAE since 2008. For additional information, visit www.cushwake.ae.

Investment Opportunity: Charges & Yield

Investing in this property promises a 0.00% yearly net return from an annual rental price of AED 0 and accounting for a sum of AED 1,047,975 covering yearly service charges.

AED
AED
SQFT

Service charges in Burj Daman, Dubai
AED 23.55 per sq ft

Yearly Service Charge
AED 1047975

Yearly Net Return
0.00%

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