available rented out

Unit 1501-1505

Gate Village 4, DIFC, Dubai

AED 2.5M Total Price

Built-up Area

850 m²

Price per m²

AED 2,941

Floor

15th

Unit Type

Office

Unit 3640

Rolex Tower, Business Bay Commercial Zone

AED 318,677 / year

Built-up Area

702 m²

Price per m²

AED 454

Floor

Unit Type

office space

Unit 1501-1505

Gate Village 4, DIFC, Dubai

AED 2.5M Total Price

Built-up Area

850 m²

Price per m²

AED 2,941

[Unit Description]

Premium commercial space available in DIFC.

[ Key Features ]

Unit Type

office space

Availability Status

available rented out

Floor

Unit Number

3640

[ Detailed Unit Specifications ]

Basic Information

Unit Type office space

Asset Name Rolex Tower

Unit Number 3640

Floor 18

Managed By Wiegand, Green and Frami and Sons

Permitted Licenses 0

Financial Details

Transaction Type Sale

Asking Price AED 2,500,000

Asking Rate AED 2,941/m²

Asking Price Subject to VAT No

Total Asking Price (incl. VAT) AED 2,500,000

Payment Terms Negotiable

Security Deposit AED 250,000

Transfer Fees 4% (Shared)

With Payment Plan Yes

Mortgaged Status No

Return on Investment 8.5%

Current Income AED 212,500/year

Rental Information

Rental Amount AED 212,500

Renting Rate AED 250/m²

Rental Amount Subject to VAT No

Total Rent (incl. VAT) AED 212,500

Rental Security Deposit AED 21,250

Turnover Rent 100%

Net Effective Rent AED 205,000

Fitout Rent Free Period 60 Days

Service Charges

Service Charges Included No

Service Charges AED 12/sq.ft/year

Total Service Charges AED 0/year

Chilled Water Charges Included Yes

Chilled Water Charges Included

Utility Charges Included No

Utility Charges As per DEWA

Total Utility Charges Variable

Area Measurements

Unit Built-Up Area 702 m² / 7,556 sq.ft

Ownership & Designation

Is Designated Yes

GCC Ownership (Non-Designated) Yes

Is Freehold Yes

Is Leasehold No

Is Subleasing Allowed Yes

Is Sublease Tax Applicable No

Unit Configuration

Number of Beds 1

Number of Meeting Rooms 3

Number of Bathrooms 4

Number of Wet Pantries/Kitchens 2

Number of Dry Pantries/Kitchens 1

Number of Storage Rooms 2

Number of Telephone Rooms 1

Number of Board/Conference Rooms 1

Number of Manager Rooms 2

Number of Prayer Rooms 1

Capacity (PAX) 120-150

Technical Specifications

Flooring Type Raised Access Floor

Fitout ID FIT-2024-1501

Power Allocated 150 W/m²

Air Conditioning System Central

Air Conditioning Type Chilled Water

Partition Type Gypsum Board

View Type City & Burj Khalifa

Parking & Amenities

Number of Allocated Parkings 8

Allocated Parkings P1-L2: 15, 16, 17, 18, 19, 20, 21, 22

Additional Fees

Design and Fitout Fee AED 150,000

Yearly Marketing Fee AED 12,000

Market Data

Average Buying Rate (Last 12 Months) AED 2,850/m²

Buying Transactions (Last 12 Months) 24

Additional Information

Live Yes

Featured Yes

Trakheesi Permit Number TRK-2024-8756

Price on Demand No

[ Unit Amenities ]

No specific unit amenities listed.

[ Unit Location ]

Rolex Tower

Business Bay Commercial Zone, Dubai, UAE

Dubai, UAE

Floor 18 , Unit 3640

Airport

15 mins

Metro

5 mins

Burj Khalifa

2 km

Restaurants

50+ nearby

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[ Developer ]

Damac Properties

Premium Developer

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Unit 1501-1505

Unit 3640

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Unit 1501-1505

[Unit Description]

[ Key Features ]

[ Detailed Unit Specifications ]

[Specifications]

Basic Information

Financial Details

Rental Information

Service Charges

Area Measurements

Ownership & Designation

Unit Configuration

Technical Specifications

Parking & Amenities

Additional Fees

Market Data

Additional Information

[ Unit Amenities ]

[ Unit Location ]

[ Request a Viewing ]

[Request Viewing]

[ Developer ]

Damac Properties

Request Information

Request Sent!

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