Al Maktab Building is an eight-storey business centre located in the Al Barsha area of Dubai. Properties include fully-equipped offices available to buy and rent. There are four office units on each floor of the building and three levels of underground parking.
The business centre provides a variety of services, including:
Offices range in size from 743 sq. ft. (69 sq. m) to 990 sq. ft. (92 sq. m). Units come with meeting rooms, conference rooms, and glass partitions. Purchase prices range from AED 450,000 (USD 123,000) to AED 2,025,400 (USD 551,000).
*The price is valid for 2021
Al Maktab Building is located near several bus stops, such as Al Waseer Compound Villas, Noor Centre for Training, and Dunes Hotel, which are situated within a five-minute walk of the complex. The nearest Metro Stations, the Mall of the Emirates and Umm Al Sheif, can be reached within a 10-minute walk.
Employees have easy access to nearby fitness centres and restaurants. Fatto Fit, Synergy Fitness, and Al-Shams Bodybuilding & Fitness Gym are located within walking distance of the building. La’moushe Restaurant, Fish Story Restaurant, and Le Burger Official can be reached within a five-minute walk, and Brooklyn Bar Dubai and Maxx Music Bar are situated near the complex.
Al Barsha is home to many commercial buildings, residential complexes, restaurants, and shopping centres, such as the Mall of the Emirates, one of the world’s largest shopping centres.
Commercial space in Al Barsha is in high demand given its central location. Business centres, such as Al Maktab Building, attract real estate investors to the area, and properties can be purchased to subsequently rent out, which can generate income.
Office space in Al Barsha has a return on investment rate of 5.5%. Annual rental costs for offices in Al Maktab Building range from AED 89,000 (USD 24,000) to AED 118,000 (USD 32,000), and the estimated payback period for a property ranges from 18 to 22 years.
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!