Commercial Investment Opportunity

For Sale: Former UAE Emirates Development Bank Offices

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EDB Al Garhoud Office

Associated Contact

Nick Carlile

Senior Director, Advisory And Transaction Services

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Location Al Garhoud Dubai
Property Type Commercial/Offices
Plot Area 1,903 sq. m / 20,
491 sq. ft
Location 2 Concorde Road, Kai Tak
Developer Nan Fung Development Limited
Total Level 47
Floor Plate Size 30,000 sq. ft. – 53,900 sq. ft.

Description

CBRE are delighted to bring to the market a vacant commercial office building, that is located in the popular commercial and residential area of Al Garhoud. The property is located 15 minutes drive from Downtown Dubai and within 4 km of Dubai International Airport. The Property can be accessed via a service road off Rebat Street and is easily accessible to Al Garhoud Bridge and Business Bay Crossing Bridge.

The Property is arranged over G+4 floors and comprises a Net Leasable Area of c. 51,211 sq. ft. The Property was formerly occupied by Emirates Development Bank and a number of government tenants.

The Vendor has provided the following Net Leasable Area’s:

Ground Floor: 9,016 sq ft
First Floor: 11,393 sq ft
Second Floor: 11,440 sq ft
Third Floor: 9,765 sq ft
Fourth Floor: 9,597 sq ft
Total: 51,211 sq ft

*These measurements have been provided by the Client. We recommend having the Property measured

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Looking for more details on the EDB Al Garhoud Property?

Download the property brochure which includes an overview of the property location, site description, scheme, planning and further details. 

EDB Deira Office

Location Deira Dubai
Property Type Commercial/Offices
Plot Area 1,986.54 sq. m
21,382.94 sq. ft

Description

CBRE are delighted to bring to the market a vacant commercial office building located in Port Saeed, Deira. Located a 15 minutes drive from Downtown Dubai and within 3 km of Dubai International Airport. The Property can be accessed via 27th Street which connects to Sheikh Zayed Road (E11).

The Property is arranged over G+11 floors. The office accommodation on each floor can be accessed via three passenger lifts and one service lift.

Banque Misr are currently the only tenant located within the building on the ground floor comprising c. 5,080 sq ft, at a rental of AED 560,136 per annum and a lease due to expire 31st August 2027.

The Vendor has provided the following Net Leasable Area’s:

Ground Floor: 8,557 sq ft
First Floor: 7,416 sq ft
Second Floor: 7,626 sq ft
Third Floor: 8,267 sq ft
Fourth Floor: 7,373 sq ft
Fifth Floor: 7,266 sq ft
Sixth Floor: 8,227 sq ft
Seventh Floor: 7,438 sq ft
Eighth Floor: 7,190 sq ft
Ninth Floor: 7,190 sq ft
Tenth Floor: 9,666 sq ft
Eleventh Floor: 4,327 sq ft
Total: 90,593 sq ft

*These measurements have been provided by the Client. We recommend having the Property measured.

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Looking for more details on the EDB Deira property?

Download the property brochure which includes an overview of the property location, site description, scheme, planning and further details.

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