Damac Business Tower Full Floor 8100sf

8100 SQFT full floor
8 title deeds
16 private parkings
100% owned by Deluxa Dubai (acquired with own funds)

Acquisition Summary

This full-floor office space was acquired entirely with Deluxa Dubai’s own capital.
The unit is situated in a prime Business Bay building and consists of eight combined commercial units on a single floor, offering a rare consolidated footprint of 8,100 SQFT.

The property includes 16 dedicated parking spaces, a major advantage for high-demand corporate tenants.

Current Tenant Situation

Currently rented to a strong, established multinational tenant

Tenant has occupied the premises for 12 years

Notice to vacate was issued at acquisition, aligned with our long-term strategy

The existing rental contract is significantly below market standards and does not reflect the true income potential.

Value-Add Strategy

Once the current tenant vacates, Deluxa Dubai will fully redesign and renovate the entire floor to premium European fit-out standards, including:

New layout & zoning

Modern ceilings & lighting

Upgraded AC systems

High-end flooring

Premium reception & meeting areas

Full fire & civil approvals

This transformation will reposition the unit into one of the most attractive commercial floors in the building.

Projected Rental Performance

After renovation:

New market rent will be approximately 250% higher than the current outdated rent

Expected net rental ROI: ± 17% (conservative, rental returns only)

Business Bay continues to show extremely strong demand for premium office spaces, making this expectation realistic and sustainable.

Immediate Valuation Uplift

Even before renovation, the current market value of the floor is now approximately:

50% higher than the purchase price

This is due to:

Undervalued acquisition

Exceptional location

Floor consolidation (rare supply)

Projected Sale Value (Exit Strategy)

With full renovation + new rental contract + new market yield, the projected sale value approximately 16 months after acquisition is:

+220% higher than the initial purchase price

Including all renovation and fit-out costs