Turnkey Office · Renovated · Vacant

The unit is a 784 sqft studio office in Jumeirah Lake Towers, listed at AED 1,400,000 (USD 381,471) and a price per sqft of AED 1,786. Internal benchmarks indicate the district median price per sqft is roughly AED 2,233, meaning this asset trades about 20% under market, a strong pricing advantage. The internal estimated gross yield of 7.3% exceeds typical office yields in Dubai (5‑6%), reflecting the low acquisition price relative to expected rental income. Location scoring 80 places the property in a well‑served corridor with solid demand from SMEs and satellite offices, while the building is ready for immediate occupation, eliminating construction risk. However, JLT’s office market is characterized by a high inventory of similar units, which can temper liquidity and exert upward pressure on service charges. The internal risk index of 28 suggests moderate overall risk, primarily from market oversupply rather than developer or regulatory concerns. Investors should view the 7.3% gross yield as a starting point; after accounting for service charges, vacancy, and management fees, net yields are likely 1‑2 points lower, placing realistic net returns in the 5.3‑6.3% range. The short days‑on‑market (27 days) and the price gap provide leverage for negotiation, but buyers must confirm the transaction details against Dubai Land Department records before finalising.

Leverage the 20% price gap versus the district median price per sqft and the modest 27‑day market exposure to request a further discount. Verify the unit’s transaction history in the Dubai Land Department register to ensure clean title and confirm the listed price per sqft aligns with recent comparable sales before committing.

Given the absence of recent transaction data for Jumeirah Lake Towers, market signals are limited. The sub‑market is expected to remain stable over the next twelve months, with any price movement likely muted pending broader Dubai trends. Investors should monitor upcoming supply and macro‑economic indicators.