Other buy in Dubai Dubayy
Net Real Estate is please to offer a full office building in Media city comprising a total BUA of 69,728 sq ft The office building is a low-rise B+G+3 located in a prime area of Dubai Media City (DMC). DMC was established as a regional hub for media organisations including news agencies, publishing, online media, advertising, production, and broadcast facilities. Dubai Media City has become a significant hub for the media industry in the GCC and the Middle East, with more than 2,000 companies. The Office Building is part of phase 1 of Media City, built in 2005 and offering 57,334 sq. ft. of leasable area, over three floors, with turnkey offices in flexible sizes, as well as retail facilities. Value add investment opportunity via certain cap ex and active asset and property management. The asset is currently 40% leased, with ability to change tenancy mix on purchase. Ideal for a company looking to establish presence in the vibrant city of Dubai, in a highly visible office location, or for Value-add investors seeking to leverage untapped revenue potential through property upgrades and active asset management. Please contact us in confidence for a preliminary discussion.