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XL Tower, Business Bay, Dubai

Business Bay
Starting FromAED 3.50M
Type
office
Bedrooms
1 - 4
Completion
TBA

A Distinctive Business Address

XL Tower is a landmark commercial office building by DAMAC Properties in Business Bay, one of Dubai’s most dynamic business and investment districts. Its striking oval architecture gives the tower a memorable presence among the area’s contemporary skyline, while panoramic glazing brings abundant natural light into the workplace. The development is arranged across two basement levels, a ground floor, three podium floors and nineteen levels dedicated to office space, creating a substantial setting for companies seeking a professional and highly visible Dubai address.

Investment-Led Commercial Opportunity

With office options varying in size and configuration, XL Tower can appeal to owner-occupiers, established companies and investors targeting Dubai’s resilient commercial property market. Prices start from AED 3,504,900, offering an opportunity to secure a business asset in a centrally positioned growth district. Business Bay benefits from convenient access to Downtown Dubai, the Dubai Canal, Sheikh Zayed Road and key city destinations, supporting both corporate connectivity and an engaging urban lifestyle. The surrounding district combines offices, hospitality, dining and leisure venues, helping create a well-connected environment for employees, clients and visitors. Handover is to be announced; buyers should confirm availability, specifications, payment terms and completion timelines with DAMAC Properties or an authorised representative.

Location

Business Bay

About the Developer

DAMAC Properties

DAMAC Properties

DAMAC Properties has been at the forefront of the Middle Easts luxury real estate market since 2002, delivering over 43,000 homes across the region. Known for bold designs and premium partnerships with fashion houses like Versace, Fendi, and Cavalli, DAMAC creates distinctive living spaces that stand apart.

View all projects by DAMAC Properties

Frequently Asked Questions

XL Tower places investors in Business Bay, a sought-after commercial district with strong connectivity and ongoing demand for quality office space. Prices start from AED 3,504,900, while returns depend on unit size, configuration, occupancy and market conditions.
The project offers a prominent business environment with panoramic glazing, professional office floors and convenient access to Business Bay’s restaurants, hotels, services and leisure destinations. Specific building amenities should be confirmed with the developer.
The tower is located in Business Bay, close to Downtown Dubai, Dubai Canal and Sheikh Zayed Road. This central position provides practical access to major business districts, lifestyle attractions and key areas across the city.
The handover date is currently to be announced, and payment terms may vary by office and availability. Buyers should request the latest payment plan, completion schedule and unit details from DAMAC Properties or an authorised representative.

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Property Details

Property PriceAED 3,500,000
Down Payment20%
Annual RentAED 210,000
Surface Area (sqft)800 sqft
Service Charges (AED/sqft)15 AED/sqft

Investment Parameters

Appreciation Rate5% / year
Holding Period5 years
Mortgage Rate5%
Loan Term25 years

ROI Projections

Investment

AED 700,000

Future Value

AED 4,466,985

Capital Gain

+AED 966,985

Annual Cash Flow

+AED 1,578

Total ROI (5 years)

139.3%

19.1% annualized