JLT X3

Description

Premium Full-Floor Office Opportunity – JLT X3 Price: 25,000,000 Property features: - Full office floor, with the option to use the common area to connect the whole floor - Total size 9,225 sqft - 10 parking spaces, with additional visitor parking available - Views over the Emirates Golf Club, the Marina skyline, Sheikh Zayed Road and the JLT skyline, open on every elevation - Floor-to-ceiling glass across the whole floor - The floor sits at a height where the view stays open from a seated position - Shell and core, with drainage and water supply at 10 separate points, so the layout can be built around the occupier's requirement Key investment points: - Ready offices above 9,000 sqft are scarce. Fewer than 50 are listed across Dubai, and once vacancy, location and building quality are filtered the number falls further. - Shell and core makes this a fit-out and lease play, with a modelled net ROI above 9%. Full model and cost breakdown on request. - The floor is held on 10 title deeds, so part of it can be occupied and the rest leased. - New commercial stock in JLT is selling above AED 3,500 per sqft (Me Do Re), and above AED 2,500 per sqft in less central areas such as Jebel Ali and Motor City. Giving this floor price advantage over any new office development coming.