Emaar Square, developed by Emaar Properties, is a commercial office space in the centre of Dubai and consists of six low-rise buildings. Commissioned in 2007, the total building area is 2,600,000 sq. ft (241,550 sq. m). The total commercial area is 629,816 sq. ft (58,500 sq. m). And, the total retail area is 62,000 sq. ft. (5,760 sq. m.).
There are on-site restaurants, cafés, and food courts, as well as a large parking lot for owners, tenants, and visitors. Each building has 6 high-speed elevators and 24-hour concierge services.
Office spaces come fully equipped with advanced telecommunications systems, high-speed internet, satellite television, and video-conferencing equipment. Some units also have high-quality furniture featuring comfortable armchairs, desks, partitions, and conference tables. The building has areas for storage and prayer rooms, and units can be purchased with or without furniture.
Offices range in size from 8,359 sq. ft (777 sq. m) to 25,196 sq. ft (2,341 sq. m). The minimum price per unit is AED 1,300,000 (USD 354,000), and the maximum is AED 9,500,000 (USD 2,586,000).
*The price is valid for 2021
Emaar Square is located in Downtown Dubai with easy access to public transportation, such as the Dubai Mall MS Land Side A bus stop within a 9-minute walk and the Burj Khalifa/Dubai Mall metro station within an 11-minute walk.
There are plenty of nearby restaurants and cafés, including Pret To Go, Subway, Sushi Art, Taqado Mexican Kitchen, La Maison du Cafe-Najjar, and Café Bateel. The 5-star Sofitel Dubai Downtown Hotel is also within walking distance.
Additionally, apartment complexes, such as The Lofts and Burj View Tower C, are located within a short distance from Emaar Square.
The return on investment from buying office space in Emaar Square is 8 to 9%. The average annual rent for an office is AED 1,030,000 (USD 280,500), and fully-equipped offices range in rental price from AED 350,000 (USD 95,300) to 3,000,000 (USD 816,800). Current prices allow for a return on investment within 10 to 15 years.
*The price is valid for 2021
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