Ref: HS1050718

Canada Business Centre

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  • Commercial (New Build)
  • 2 Bathrooms
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About the Commercial

  • Property: Commercial (New Build)
  • Bedrooms: N/A
  • Bathrooms: 2
  • Receptions: N/A

Canada Business Centre in downtown Dubai Business Bay offers a complete value added package both for its investors and its tenants.

Features

The building is situation on the shores of one of the Business Bay lakes and offers stunning views from all floors with 90% having stunning views towards the Burj Dubai (the world's tallest building).

* MINIMUM 10% guaranteed rental to investors for 3 years paid in post-dated bankers drafts
* Commercial shell only units ensuring that tenants stay due to corporate cash investment to complete units
* Flexible Office Space to ensure maximum occupancies
* Amazing Location
* Rooftop Swimming Pool (will increase tenants due to uniqueness)
* Restaurants, Shops and Bars in the building which will attract local trade and ensure high in house occupancies
* At least 1 car parking space allocated to each unit

Prices start from 1785dhs per sq foot (approximately £244) with comparable office space in Business Bay now selling at 3000dhs per sq foot (approximately £410). This in effect provides the investor with up to 1215dhs per sq foot instant equity (approximately £166). All units are offered with freehold ownership.

It will be one of the first buildings to complete in Business Bay and will attract the initial tenants ensuring high occupancy levels. The units themselves will be offered to commercial tenants in shell form only and therefore the initial cash investment from the tenants to furnish and complete the offices will ensure a long-term rental for investors.

A huge amount of businesses are now relocating to Dubai Business Bay because there is no corporation tax, no income tax and 100% freehold ownership in certain developments/areas.

The developer is so convinced of the potential of this office building, he is willing to offer to investors a 10% per annum, 3 year rental guarantee (based on the contract price) paid in 3 post dated cheques upon completion. In Dubai, it is illegal for cheques to bounce and therefore the investor has excellent rental security.

Plot Size: N/A

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Marketed By: Seven Continent Investment Ltd.

Seven Continent Investment Ltd.

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