GBS Building
About the project
GBS Building is a seven-storey commercial building that is part of the TECOM business area in Dubai Media City, Al Sufouh. The ground floor of the complex features retail space and the remaining floors have fully-equipped offices. The complex is home to many prominent businesses, such as Criteo, EMS Dubai, No. 7 Salon, Group Plus FZ, Frontier IQ, and Accor Hotels Corporate Office (India, the Middle East, and Africa).
Tenants have easy access to nearby restaurants, cafes, hotels, and bank branches. There is a bus stop and a Metro station that can be reached within walking distance of the offices. The building provides a variety of amenities, including parking, 24-hour security services, and high-speed lifts. Retail space has a starting price of AED 1,050,000 (USD 290,000), and office space has a starting price of AED 622,000 (USD 170,000).
*The price is valid for 2021
Property Information
- Location Dubai Media City, Dubai, UAE
- Status of Project Ready
- Type of Project Mixed Use Building
- Units Offices
Location
The nearest bus stop, Infotech – Dubai Internet City 1, is located within a five-minute walk of the offices. The Al Khail Metro Station can be reached within a 15-minute walk. The community is home to Jedoudna Restaurant & Cafe, Taqado Mexican Kitchen, McDonald’s, Sushi Counter, Circle K Store DMC-1, Mashreq Bank Dubai Internet City Branch, Emirates NBD, Dubai Islamic Bank, and the Dubai Media City Courtyard Event Pavilion. For leisure activities, tenants can go to a local park with a lake and the Dubai Internet City Lake Amphitheatre.
GBS Building is situated near Al Falak Street and is surrounded by other commercial towers. Sheikh Zayed Road, one of the emirate’s main thoroughfares, is located within a five-minute drive of the offices. Dubai Mall, Burj Khalifa, Business Bay, and DIFC can be reached within a 15-minute drive. Dubai International Airport is situated within a 25-minute drive.
Palm Jumeirah Island is located within a five-minute drive of the building, and JBR Beach and Marina Beach can be reached within a 10-minute drive. The complex is also situated within a 10- to 15-minute drive of several popular destinations, including:
- Mall of the Emirates
- Dubai Marina Mall
- Dubai Marina Walk
- Burj Al Arab
- Emirates Golf Club
- Saudi German Hospital
- Universities in Knowledge Park
Payback
Dubai Media City offers many profitable commercial real estate investment opportunities. It is the regional centre for media companies, and tenants have easy access to a major highway and a Metro station. As a result, it is one of the best parts of the city for conducting business.
Properties in the area have an average return on investment rate of 6.5%. The annual rental rate for a retail space starts at AED 280,000 (USD 76,000), and the annual rental rate for an office space starts at AED 300,000 (USD 82,000).
*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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