Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).
The building, designed by Forster+Partners, won several awards and was judged best tall building in the Middle East and Africa by CTBUH in 2011.
It is designed to minimise adverse climatic effects on the building.
It is orientated in such way that the East and West cores shelter the floor plates from the intense hear of the sun in this region.
Sun Shades are used on the South façade to minimise the effect of solar gain.
Index tower is a landmark in Dubai.
The residential area is fully occupied, while the office floors are starting to fill up.
Emirates REIT owns the full retail, 2/3 of the office floors and 1404 car parks.
|Valuation||AED 1.085 billion|
|Net Leasable Area||464,116 ft2|
|No. of Tenants||5|
|Acquisition date||May 2013 to December 2014|
Located within Knowledge Village, a well-established commercial and education district in new Dubai. Commercial building catering to office and retail tenants including a supermarket and other F?B tenants.
The property comprises an "L" shaped plot of land on a site area of approximately 128,412 square feet. The building was constructed in 2008 and is of reinforced concrete frame extending over two basement levels, ground, mezzanine, and seven upper floors.
|Passing Income||AED 57 million|
|Valuation||AED 489.1 million|
|Net Leasable Area||369,537 ft2|
|No. of Tenants||53|
|WA Lease Expiry||2.3 years|
|Acquisition date||19 June 2012|
GWAD is located within Al Barsha South in Dubai, a developing residential district of new Dubai situated between Jumeirah Village and Dubiotech.
The property is a low-rise education complex situated on a plot of land with an approximate area of 459,614 ft2.
The building was constructed in the past five years and is of reinforced concrete frame construction and extends over ground and three upper floor levels.
GWAD is currently on a long-term lease to Premier Schools, (operator of GEMS), a Pre-K to Grade 12 international school.
|Passing Income||AED 29.9 million|
|Valuation||AED 317.6 million|
|Net Leasable Area||459,613 ft2|
|No. of Tenants||1|
|WA Lease Expiry||28.1 years|
|Acquisition date||10 October 2013|
|Ownership title||Leasehold *|
One of a cluster of three low-rise commercial buildings in Dubai Media City featuring a central courtyard and retail space in the central building.
The buildings are leased to various commercial and retail tenants.
The buildings are of reinforced concrete extending over one basement level, ground and five upper floors.
The Loft Offices 1, 2 and 3 each have their own titles.
|Passing Income||AED 26.4 million|
|Valuation||AED 286.6 million|
|Net Leasable Area||163,065 ft2|
|No. of Tenants||105|
|WA Lease Expiry||1 year|
|Acquisition date||8 December 2011|
Jebel Ali School is a development located within Akoya, a prime residential development in Dubailand.
The property under development is a low-rise education complex situated on a plot of land with an approximate area of 358,453 ft2, scheduled for completion by September 2016.
|Passing Income||AED 10 million|
|Valuation||AED 256.7 million|
|Net Leasable Area upon completion||223,913 ft2|
|No. of Tenants||1|
|WA Lease Expiry||26 years|
|Acquisition date||2 August 2015|
Le Grande Community Mall, is the retail component of Trident Grand Residence in Dubai Marina. It is a mixed-use residential and retail building situated in an established residential and commercial district of new Dubai.
The ground and first floor are comprised of retail tenants that service the Trident Grand Residence Tower. It extends to a total of 22 individual retail units with additional customer seating areas and basement car parking (161 spaces)
|Passing Income||AED 8.8 million|
|Valuation||AED 113.9 million|
|Net Leasable Area||94,139 ft2|
|No. of Tenants||14|
|WA Lease Expiry||3.2 years|
|Acquisition date||18 May 2014|
Low-rise building located in a prime area of Dubai Internet City a well-established commercial district of new Dubai.
The property covers a land area of 41,036 ft2 and was constructed in 2005. The building is of reinforced concrete frame and extends over basement, ground, and three upper floor levels featuring retail and office space.
|Passing Income||AED 9.6 million|
|Valuation||AED 68 million|
|Net Leasable Area||57,335 ft2|
|No. of Tenants||25|
|WA Lease Expiry||1.4 years|
|Acquisition date||27 June 2011|
Indigo 7 is located along the northern side of Sheikh Zayed Road within the Al Manara district of Dubai, a primarily residential district.
The building is a low-rise development constructed in 2009 featuring retail and office components.
The building covers an area of 15,000 ft2.
Indigo 7 is currently anchored by one tenant operating two restaurants, Reem Al Bawadi and Crumbs.
|Passing Income||AED 3.6 million|
|Valuation||AED 28.8 million|
|Net Leasable Area||20,477 ft2|
|No. of Tenants||5|
|WA Lease Expiry||2.6 years|
|Acquisition date||25 September 2011|
|Ownership title||Contractual interest similar to tenancy rights|