Pre-leased Asset | The Citadel | Business Bay

  • 7,976,000AED
Business Bay
  • Property ID
  • BI-S-20-2029
  • Property Type
  • Office
  • Area Size (Sq Ft)
  • 5145.94
Sale

Pre-leased Asset | The Citadel | Business Bay

Business Bay
  • 7,976,000AED

Overview

Property ID: BI-S-20-2029
  • Property ID
  • BI-S-20-2029
  • Property Type
  • Office
  • Area Size (Sq Ft)
  • 5145.94

Description

THE CITADEL

The Citadel is one of the first commercial projects to be delivered in Business Bay master development in August 2009 by Deyaar Development PJSC.

The Citadel, a 41-storey commercial tower, comprises 565,000 square feet of office space and 29,000 square feet of retail space. It offers ten offices on each level with panoramic views. The communal facilities such as shared pantry and WC on each level.

The large fitted office consists of five offices connected together and has a built-up area of 5,145.94 square feet. It has a full glass window, allowing natural sunlight and offering panoramic views of the Canal and Godolphin.

The asset is leased at an average annual rent of AED 514,594 (AED 100 PSF) and the agreed payment term is two PDCs per annum. It’s leased for five years from 2022 – 2027.

EXCLUSIVE FEATURES:

* Grand lobby
* Extensive retail space on the ground level
* Prayer room
* Paid visitors parking option available

#parking: 8 #finishing: high-end fitted #category: Grade B+ #view: Stable and Canal

For viewing and further details, please contact Nawroz Mamdani: +971 55 612 0796 OR email at nawroz@banke.ae.

RERA VERIFIED LISTING
Company name: Banke International Properties LLC
RERA ORN: 12108
Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE
Office phone no: 80022653
Primary email: enquiries@banke.ae
Website: www.banke.ae
Company Profile: A real estate firm specializing in investment sales and leasing of both commercial and residential properties. We also offer property management services across Dubai.

  • Address The Citadel Tower
  • City Dubai
  • Area Business Bay

Details

Updated on May 16, 2022 at 12:00 am

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Nawroz Mamdani
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