From AED 5M | Brand New Launch | Grade A Office

Overview

Avenew Development's O1NE District Dawn Tower in Motor City is offering this 2,602 sq ft Grade A office off-plan at AED 6,631,000, about AED 2,548 per square foot. It is sold shell and core, with a 4.2-metre ceiling, floor-to-ceiling glazing and allocated covered parking, and it looks over the tower's landscaped rooftop and amenity levels.

Completion of the O1NE District project is scheduled for 2030, so this is a purchase for a buyer who can plan years ahead. That could be a company securing a future headquarters, or an investor adding a commercial asset from among the off-plan properties Dubai offers on staged payments. For a buyer comparing office space for sale Dubai projects are bringing to market, the useful questions are the handover date, the service charge and the payment schedule. This page sets out what is known and flags what to ask.

Inside the unit

The floor area is 2,602 sq ft, roughly 242 square metres of open space with no internal walls. Shell and core handover means the developer completes the structure, facade and building services, and the owner takes it from there. The design can follow the way your team works, from a single open studio to a mix of private offices, a boardroom and a reception.

The 4.2-metre ceiling height gives a fit-out designer space above head height for services and lighting without the room feeling low. Floor-to-ceiling windows bring in daylight along the facade, and the outlook is over the rooftop greenery and amenity areas.

• Floor area: 2,602 sq ft (approximately 242 sq m)
• Condition at handover: shell and core
• Ceiling height: 4.2 metres
• Glazing: floor-to-ceiling windows
• Outlook: rooftop greenery and amenities
• Parking: allocated covered parking
• Cooling: central air conditioning

The tower, the district and getting there

Dawn Tower belongs to O1NE District, a mixed-use development where offices share the site with a ground-floor shopping mall, cafés, convenience retail, and banking and services. Grade A restaurants are planned for the rooftop and the 16th and 17th floors, which is useful for a business that regularly hosts clients.

Building facilities in the developer's listing:

• Seven high-speed elevators plus one service elevator
• Concierge lobby with 24/7 security and CCTV
• Podium gardens and sky gardens
• Outdoor co-working spaces, plus social and meeting spaces
• F&B rooftop
• Two shared bathrooms and a special needs bathroom

Road access is through Sheikh Mohammed Bin Zayed Road, Hessa Street and Umm Suqeim Street. The listing also refers to a new metro line and station in development near the project. As with any infrastructure still being built, treat the opening date as unconfirmed until the authorities announce it.

Cost of buying and how payments work

The asking price is AED 6,631,000. Budget for the Dubai Land Department transfer fee of 4%, AED 265,240 at this price, together with registration and administration charges. Annual service charges are not stated in the listing. For an office they affect both an owner-occupier's running costs and an investor's net return, so request the developer's estimate before you reserve.

Off-plan offices are usually paid through a staged payment plan Dubai developers tie to booking, construction milestones and handover. Avenew Development's current schedule for this unit is available from our team. Instalments are paid into the project's DLD-regulated escrow account rather than straight to the developer, an arrangement designed to protect buyers' money during construction. The RERA/DLD permit number for this listing is 71937108772.

Who this office suits

Owner-occupiers. A company that owns its premises avoids rent reviews, and what it spends on fit-out stays with its own asset. That is the main reason businesses look at commercial property Dubai developers sell off-plan. With 2,602 sq ft and a 4.2-metre ceiling, this unit gives enough room and height for a headquarters with a proper reception and meeting space.

Investors. Offices are a specialised corner of Dubai real estate. Tenants are businesses, fit-out is a significant cost, and lease terms are negotiated differently from residential tenancies. The unit produces no income before the scheduled 2030 completion, and no rental yield has been published, so we do not quote one. A sound Dubai property investment case here depends on the payment schedule, the service charge and your view of office demand in Motor City.

Prices within one tower usually reflect floor level, orientation and view. Ask us where this unit sits in Dawn Tower before you decide, so you know exactly what the price buys.

Buying through Mahboob Estate

Khashayar Mahboub handles this listing and can walk you through the documents, as he does for the other properties for sale in Dubai on our books. As a real estate agency Dubai investors and companies work with, we coordinate each stage with the developer. If this is the first time you buy property in Dubai for a business, the off-plan steps are:

• Request the floor plan, the unit's level and orientation, and the developer's payment schedule
• Pay the booking deposit to reserve the office
• Sign the sales and purchase agreement with Avenew Development
• Register the contract with the Dubai Land Department (Oqood) and pay the 4% fee
• Pay construction instalments into escrow as milestones are reached
• Inspect at handover, pay the balance and take the keys

Frequently asked questions

How much is the DLD fee on this office?

The Dubai Land Department fee is 4% of the price, which is AED 265,240 on AED 6,631,000. Registration and administration charges are added on top.

Can I lease the office out after handover?

Yes, once the unit is handed over and registered in your name you can lease it. A shell and core office is often let to a tenant who fits it out, or fitted by the owner first to reach more occupiers.

Is the nearby metro station open?

No. The new metro line and station near the project are described as in development, so they should not be counted on until an opening date is confirmed.