Dubai Trade Centre district to debut office in '15

04.12.2014
Dubai Trade Centre District, a mixed-use project at the heart of Dubai’s central business district, will see its first office block completed by the fourth quarter of next year. The first office block in phase one of the Dubai Trade Centre District will be delivered in the fourth quarter of next year, according to ConstructionWeekOnline.com.
Dubai Trade Centre District is a mixed-use project at the heart of Dubai’s central business district located between the Dubai International Convention and Exhibition Centre and Emirates Towers.
The development has been designed by Hopkins Architects and is being built by Al Futtaim Carillion, with three Grade-A office blocks and an Ibis Hotel being delivered in the first phase. Mace and WSP round off the professional team.
C1, the first building in line to be completed on the site, will have a total office area of 150,000ft² over eight floors.
JLL’s head of leasing in Dubai, Toby Hall, said pre-leasing has begun ahead of C1’s completion in Q4 2015, which is also the date set for the completion of the Ibis Hotel.
He said the second building, C4, will be completed in Q1 2017 and the third building, C2, in Q1 2018, bringing the total office area to about 1mn ft².

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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

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Signing of the lease agreement

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-5% agency commission of the annual contract price

Additional services:

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~ 2 weeks secondary

~ 3 weeks new building

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Registration of the contract of purchase / sale

Customer charges:

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Additional services:

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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

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1 year

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Reporting

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Expenses of the investor:

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