New building
Property type
No. of bedrooms
Area

Whole Building | Al Safa (Al Safa, Dubai)

AED 68,000,000
BUA48,620 ft2
Price per ft21,399 AED
Property typeCommercial Building
AreaAl Safa
DevelopmentAl Safa 2
ID (Ref.No)INV-54376
A perfect investment offer| Indigo Central 5 commercial tower on Sheikh Zayed Road
A perfect offer for long-term investments with a growing rents potential.

Indigo Central 5 redefines affordable luxury meaning. Located strategically on Sheikh Zayed Road, between the fifth and sixth interchange Indigo Central 5 has Dubai metro station as its nearest landmark.

The building is situated in close proximity to major sports, leisure and recreational facilities in Dubai, including Emirates Golf Club, The Montgomerie and several luxury beach resorts, as well as main Dubai’s landmarks like Burj Al Arab Hotel and the man-made island of Palm Jumeirah.

With its striking ‘A’ shaped structural design, indigo glass and silver grey exterior, Indigo Tower 5 is unique in concept and epitomizes modern architecture.

The full building gross rental yield is AED 6,494,176 per annum (9.25% gross rental yield)

There are only four (4) tenants in the full building each with multiple year contracts. An escalation of ten (10%) percent is applicable every two (2) years on the rent.

Indigo Central 5 commercial tower is on a 30 year lease/concession from the Dubai Real Estate Corporation (DREC) with 22 more years of lease term left.

In addition to 4 main office premises the building also has storage spaces and a gym on a rooftop.
Facilities
  • 24 hour maintenance
  • Business centre
  • Lease Management
  • Public transport
  • Retail Services
Location
Related offers
AED 68,000,000
BUA48,620 ft2
Price per ft21,399 AED
Property typeCommercial Building
AreaAl Safa
DevelopmentAl Safa 2
ID (Ref.No)INV-54376
Oleg Lavrik
Agent | BRN: 5201
Language: English, Russian
Office Tel: +971 4 3951911
Tel: +7 903 232 80 80
Tel: +971 50 2528188    
E-mail: oleg@imexre.com
Skype: resident69

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Call management
Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

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

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

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

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

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