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Concord Tower

Concord Tower, located in Dubai Media City (DMC), JLT, is a commercial tower with leasing area of over 600,000 sq. ft. This building offers direct views of the magnificent Palm Jumeirah, Dubai, Burj Al Arab, Media City and Dubai Marina.

DMC is home to publishing, digital and electronic media agencies that include BBC, CNN, MBC, Sony, Forbes and many more. Launched in January 2001, this tax-free community was established by Dubai Holding to make Dubai the region’s leading media hub.

Strategically situated in the heart of DMC, Concord Tower has easy access to Al Sufouh Road and Sheikh Zayed Road, which makes it close to several supermarkets, hospitals, famous landmarks and much more. Concord Tower includes 40 floors of office spaces and meeting rooms in different sizes ranging from 1,000 sq. ft. to 6,460 sq. ft. They can be both leased and purchased.

IN A NUTSHELL

  • Construction began in 2005 and was completed by 2007

  • 40 floors of offices ranging from 1,000 sq. ft. to 6,460 sq. ft.

  • Easy access to Sheikh Bin Zayed Road and Al Sufouh Road

  • Located in Dubai Media City (DMC)

  • Near Dubai Marina Walk, Palm Jumeirah, Dubai, Jumeirah Beach and The Lost Chambers Aquarium

BUILDING DETAILS

Facilities in Concord Tower:

This building includes a shared swimming pool, sauna, Jacuzzi and two gyms on the rooftop.

Apart from that, this skyscraper offers a friendly work environment with multiple leisure points such as retail stores, coffee shops and restaurants. Lastly, each office space has been built with the finest, high-quality construction materials to make these spaces as comfortable as possible. Services for multimedia, cleaning and repair are also available.

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Call management
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management