Commercial, Distress Property, Ready To Move In

Tamani Arts Tower | Office Business Bay | 445 sqft | AED 1M | Fully Furnished

Business Bay, United Arab Emirates

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aed 1,000,000
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Description

Tamani Arts Tower | Office Business Bay | 445 sqft | AED 1M | Fully Furnished

  • Commercial Office + Tamani + Business Bay + Dubai
  • 445 sq ft BUA + 1 parking space
  • AED 1,000,000 — Fully furnished, currently rented
  • Current rental income: AED 100,000/year (2 cheque)
  • 10% gross yield, metro proximity, prime commercial location

What is this Tamani Arts Tower office in Business Bay?

This is a fully furnished commercial office in Tamani Arts Tower, a well-established commercial building on Al Amal Street in the heart of Business Bay. The Office Tamani Arts Tower Business Bay for sale offers investors an income-generating asset with 10% gross yield, while owner-occupiers gain a turnkey workspace in Dubai’s most connected business district at an accessible price point.

The unit spans 445 sq ft on a mid-floor with a community view, fully fitted with office furniture, workstations, and IT infrastructure. The current tenant is paying AED 100,000 annually on a 2-cheque basis, providing immediate rental income for investors. For owner-occupiers, the fitted-out condition eliminates setup costs and time, enabling immediate business operations upon taking possession.

Tamani Arts Tower is positioned on Al Amal Street, one of Business Bay’s main commercial arteries. The building offers 24/7 security, covered parking, and professional building management. The Business Bay Metro Station is within a 3-minute walk, providing excellent connectivity for employees and visitors. For investors seeking commercial yield or businesses seeking an affordable Business Bay address, this office represents strong value.

Tamani Arts Tower Business Bay — Property Specifications

  • Asking Price: AED 1,000,000
  • Price Per Sq Ft: AED 2,247
  • Property Type: Commercial Office
  • Developer: Tamani
  • Building: Tamani Arts Tower
  • Community: Business Bay
  • Unit Size: 445 sq ft
  • Current Rental Income: AED 100,000/year (2 cheque)
  • Rental Yield: 10% Gross
  • Parking: 1 Space
  • Floor: Mid Floor
  • View: Community View
  • Furnishing: Fully Furnished (Office Fit-out)
  • Building Status: Ready / Occupied
  • Ownership: Freehold
  • DLD Transfer Fee: 4% of Sale Price
  • Service Charge: AED 25–30/sqft/year
  • Listing Reference: TA-BB-OFF-001

Payment Plan — Acquisition Costs

  • Purchase Price: AED 1,000,000
  • DLD Transfer Fee (4%): AED 40,000
  • Trustee / Conveyancing: ~AED 4,200
  • Agency Fee (2% + VAT): ~AED 21,000
  • Total Indicative All-In Cost: ~AED 1,065,200

As a ready commercial property with existing tenancy, the acquisition process follows standard DLD transfer protocols. The buyer inherits the existing lease agreement, with rental income flowing from transfer date. For owner-occupiers, possession arrangements can be negotiated with the tenant or awaited upon lease expiry.

Pricing Analysis — Commercial Value in Business Bay

  • Price/Sqft: AED 2,247 vs Business Bay fitted office average AED 2,500–3,500/sqft
  • Current Yield: 10% gross vs Business Bay commercial average 7–9%
  • Comparable Range: Similar fitted offices in Business Bay trade at AED 1.1M–1.4M
  • Rental Growth Potential: Business Bay commercial rents have shown 5–8% annual growth

Business Bay is Dubai’s premier commercial district outside of DIFC, hosting hundreds of office towers and thousands of businesses. The area’s connectivity to Sheikh Zayed Road, Downtown Dubai, and the metro system makes it attractive for companies of all sizes. Commercial offices in established buildings with fitted interiors command premium yields due to reduced setup costs for tenants. At 10% gross yield, this office offers above-market returns while maintaining capital value in a prime location.

Business Bay — Location and Why It Matters for Commercial

Business Bay is Dubai’s largest commercial district, spanning over 80 million sq ft and hosting a diverse mix of offices, residences, hotels, and retail. The area’s strategic position between Sheikh Zayed Road and Al Khail Road provides excellent connectivity to all parts of Dubai. For businesses, Business Bay offers proximity to DIFC, Downtown Dubai, and the expanding Dubai Canal waterfront — creating a professional address with lifestyle amenities.

Commercial property in Business Bay benefits from consistent demand from startups, SMEs, regional headquarters, and professional services firms. The area’s relatively affordable rents compared to DIFC make it attractive for cost-conscious businesses while still providing a prestigious Dubai address. The metro connectivity enhances employee accessibility and reduces parking pressure, a significant factor for tenant attraction and retention.

Tamani Arts Tower specifically benefits from its position on Al Amal Street, a well-trafficked commercial corridor with easy access to the Business Bay Metro Station. The building’s professional management and established tenant mix create a stable environment for commercial operations.

Business Bay — Distances and Connectivity

  • Business Bay Metro Station: 0.3 km / 3 minutes walk
  • Dubai Mall: 1.5 km / 5 minutes drive
  • Burj Khalifa: 1.8 km / 5 minutes drive
  • DIFC: 2.5 km / 7 minutes drive
  • Dubai Canal: 1.0 km / 3 minutes drive
  • Bay Avenue Mall: 0.5 km / 5 minutes walk
  • Dubai International Airport (DXB): 12.0 km / 15 minutes drive
  • Al Maktoum International Airport (DWC): 50.0 km / 40 minutes drive
  • Mediclinic Dubai Mall: 1.5 km / 5 minutes drive
  • Dubai Design District (d3): 3.0 km / 8 minutes drive

Tamani Arts Tower — Building Features

  • 24/7 security with CCTV surveillance
  • Professional reception and lobby area
  • Covered parking for tenants and visitors
  • High-speed elevator system
  • Central air conditioning
  • Building management and maintenance services
  • Flexible floor plates for various office configurations
  • On-site retail and F&B options
  • Easy access from Al Amal Street
  • Proximity to metro and public transport

Who Should Buy This Tamani Arts Office?

  1. Yield-focused investor: This profile suits investors seeking reliable income from commercial property. The 10% gross yield exceeds typical Business Bay commercial returns, while the established tenancy provides immediate cash flow. The AED 1M price point offers accessible entry into Dubai commercial real estate.
  2. Owner-occupier business: For startups, SMEs, or professional practices seeking an owned premises, this fitted office provides a turnkey solution. The Business Bay address enhances business credibility, while the owned asset provides long-term cost certainty compared to escalating rental obligations.
  3. Portfolio diversifier: For investors with residential portfolios seeking commercial exposure, this office offers yield enhancement and diversification. Commercial property in Dubai provides different risk-return characteristics from residential, with typically higher yields and longer lease terms.

How to Acquire This Property — Step by Step

  1. Contact DistressPropertyFinder.com via WhatsApp with listing reference TA-BB-OFF-001.
  2. Review the title deed, existing lease agreement, and service charge statements.
  3. Arrange a viewing to inspect the office and building amenities.
  4. Sign a Memorandum of Understanding (MOU) and pay a 10% deposit to the escrow account.
  5. Obtain seller’s NOC from the building management — typically 3–5 working days.
  6. Prepare final payment including DLD transfer fee (4%) and trustee fees (~AED 4,200).
  7. Attend DLD transfer appointment at the Trustee Office; receive title deed.
  8. Notify tenant of ownership transfer and arrange rent payment redirection.

For assistance with this or any other property in Dubai, contact DistressPropertyFinder.com — your partner for verified deals across the UAE.

Frequently Asked Questions — Tamani Arts Tower Office

Is this office priced competitively for Business Bay commercial property?

At AED 2,247/sqft, this office is competitively priced for Business Bay commercial space compared to the area average of AED 2,500–3,500/sqft for fitted offices in established buildings.

What is the price per square foot for Tamani Arts Tower offices?

The price per square foot is AED 2,247, representing good value for a fully fitted office with existing rental income in Business Bay.

Is this property currently tenanted?

Yes, this office is currently tenanted with an annual rent of AED 100,000 on a 2-cheque payment basis, providing immediate income for investors.

What are the total acquisition costs including DLD?

Total indicative cost: AED 1,000,000 (price) + AED 40,000 (4% DLD) + AED 4,200 (trustee) + AED 21,000 (2% agency + VAT) = approximately AED 1,065,200 all-in.

What rental yield can I expect from this office?

At the current rent of AED 100,000/year and purchase price of AED 1,000,000, the gross yield is 10% — above the Business Bay commercial average of 7–9%.

Is this office ready for immediate use?

The office is fully fitted and furnished, currently occupied by a tenant. New owners can continue the tenancy or occupy upon lease expiry.

Is Tamani Arts Tower a well-maintained commercial building?

Yes, Tamani Arts Tower is an established commercial building on Al Amal Street in Business Bay with good maintenance, 24/7 security, and professional building management.

How do I proceed with buying this property through DistressPropertyFinder.com?

Contact us via WhatsApp with listing reference TA-BB-OFF-001. We will arrange documentation review, facilitate MOU, NOC, and DLD transfer with full transparency.

Floor Plan

Payment_Plan

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Features

24x7 Security
24x7 Security
Air Conditioning
Air Conditioning
Built in Wardrobes
Built in Wardrobes
CCTV Camera
CCTV Camera
Covered Parking
Covered Parking
covered parking area
covered parking area
Elevator
Elevator
Gym
Gym
kids play area
kids play area
Lavish entrance lobby with reception
Lavish entrance lobby with reception
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
Reception
Reception
Swimming Pool
Swimming Pool
WiFi
WiFi

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