Damac Business Tower 2 Units total 2500SF

2 combined commercial units

Total area: 2,500 SQFT

4 private parkings

Located in the same tower as our full-floor acquisition

100% owned by Deluxa Dubai

Acquisition & Tenant Status

The units were acquired with existing tenants.
Notice was issued immediately after purchase, and the tenant has now vacated the premises.

Deluxa Dubai is currently executing a premium European-standard refit to reposition the space for maximum rental and resale value.

Value-Add Strategy

The units are being fully redesigned with:

Modern premium fit-out

Updated AC & lighting

New flooring

Enhanced reception zone

Optimized open workspace layout

This refit brings the units up to the same standard as our top-performing commercial projects in the building.

Projected Performance

Based on recent calculations and market data for this tower:

Expected rental ROI: ± 17%
(similar to our full-floor unit due to identical value-add strategy)

Immediate post-renovation market value: approx. +50% above purchase price

Projected resale value 16 months after acquisition:
approx. +220% above purchase price, including all fit-out costs

Exit / Leasing Strategy

Upon completion of the refit, the units will either be:

Rented out at the new optimized market rate,
or

Sold at full premium value, depending on market timing.

Both paths deliver strong projected returns for this asset.