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AED

25,500,000

Est. Payment AED 0/mo

Get Pre-Approved

11,547 sqft

Mazaya Business Avenue AA-1, Mazaya Business Avenue, Jumeirah Lake Towers (JLT), Dubai, UAE

One Private Floor | Blue Chip | 9% Yield

Type

Office

Purpose

Sale

Furnishing

Furnished

Updated

22nd May 2026

Completion Status

Ready

The asset comprises 8 office units spanning 11,546.65 sq.ft with 8 dedicated parking bays, premium fit-outs, modern furnishings, and panoramic views. Currently generating AED 2.31 Million annually with a projected gross yield of approximately 9%.

Why Buy This Office?
• Entire floor ownership with 8 office units
• High-floor location with panoramic views
• Fully furnished with premium executive furniture
• Well-maintained fit-outs in excellent condition
• Annual projected income of AED 2.31 Million
• Contracted lease income until 2028
• 5% rent escalation built into tenancy agreements

Why Investors Love This Building?

• 9 ThyssenKrupp high-speed elevators serving lower and upper floors
• Dedicated service lift (1,600 kg / 21 passengers)
• Separate ladies' and gents' washrooms
• Professional building management by Asteco
• Ample RTA visitor parking directly in front of the tower
• Strong tenant demand from multinational corporations and SMEs

Why Invest in JLT?

• Dubai's largest freehold commercial free zone destination
• Freehold ownership with perpetual ownership rights
• Free zone benefits including 0% corporate tax for qualifying commodities trading activities
• Preferred location for trading, logistics, consulting and corporate firms
• Direct access to Sheikh Zayed Road and Dubai Metro
• Strong leasing demand and long-term capital appreciation potential

Investment Summary

Asking Price: AED 25.5 Million (AED 2,100/sq.ft)
Market Rate: AED 2,250/sq.ft
Annual Income: AED 2.31 Million
Gross Yield: Approximately 9%
Lease Expiry: 2028
Service Charge: AED 13.08/sq.ft

Company name: Banke International Properties LLC
RERA ORN: 12108
Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE
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.

Posted on: 22nd May 2026