B8 Building
About the project
B8 Building is a nine-storey commercial building located in the Al Barsha district of Dubai. The complex offers 28 fully equipped office spaces featuring stylish interiors.
The building provides a variety of amenities, including:
- Three floors of underground parking
- Three high-speed elevators
- Spacious lobby with a reception area
- Storage rooms on each floor
- Retail stores on the first floor
- 24-hour security with video surveillance
- Electricity, water, and drainage services provided by DEWA
Office spaces vary depending on their size and interior finishes. The minimum annual rental rate for office space is AED 450,000 (USD 122,500).
*The price is valid for 2021
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Location
Al Barsha is an up-and-coming part of Dubai that is known for being quiet and relatively affordable. It has a well-developed infrastructure and convenient transportation options.
B8 Building is located on 13th Street and is surrounded by residential buildings, hotels, and commercial facilities, such as Yes Business Centre, Ghantoot Building, and Splendour Apartments.
There are two public bus stops, 23rd Street stop near Noor Learning Centre and a stop near Lulu Supermarket, located within a five-minute walk of the building. The Mall of the Emirates and Mashreq Metro Stations can be reached within a 10-minute walk.
The complex is situated near several popular restaurants serving international cuisines. Swiss Butter offers steaks and French cuisine with good music and a calming atmosphere. Fans of Japanese food will enjoy Simply Oishi Restaurant. Barbeque Nation Restaurant is located on Umm Suqeium Road, which can be reached within a seven-minute drive of the building.
Employees of the business centre are welcome to visit local fitness centres. The neighbourhood also has pharmacies, ATMs, grocery supermarkets, shopping centres, and entertainment venues.
Payback
B-8 Building offers relatively affordable, equipped small- and medium-sized offices. Units are available to buy and lease. Offices range in size from 750 sq. ft (69 sq. m) to 1,100 sq. ft (102 sq. m).
The rental rate for one square foot of commercial space averages AED 55 (USD 15). Thus, renting an office with an area of 900 sq. ft (83 sq. m) costs AED 49,500 (USD 13,500).
The Al Barsha area is known for having a fairly high return on investment rate, which can range between 6% and 7%. The payback period for investments made on the purchase of office space in the B-8 Building ranges from 14 to 15 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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