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Business Bay Offices venture case03 / 08
MANAGED COMMERCIAL REAL ESTATE · BUSINESS BAY, DUBAI

CONDITIONAL GO · PRICE GATE

Business Bay Offices

The operating concept works; a normal-priced acquisition does not.

ModelledAED 1,510/sf15% IRR purchase ceiling
Modelled6.7%Base 5-year IRR
Modelled26-28%Discount required

MODELLED 10,000 SQ FT BASE CASE

01
THE BUSINESS

How it works.

Business Bay Offices operating model
01

Source

Target 10,000-12,000 sq ft with permitted subdivision.

02

Price

Acquire only when the purchase basis clears the return rule.

03

Fit out

Build the suite plan against a verified BOQ.

04

Lease

Validate suite pricing, occupancy and operating costs.

02
THE NUMBERS

What matters.

ModelledAED 1,510/sf

15% IRR purchase ceiling

Modelled 10,000 sq ft base case

Modelled6.7%

Base 5-year IRR

Modelled base case

Modelled26-28%

Discount required

Against cited ready-office medians

ModelledAED 27.37M

Total investment

Modelled 10,000 sq ft base case

Pending evidenceREQUIRED BEFORE COMMITMENT

Proof still needed.

01Purchase basis at or below the required ceiling.
02Permitted use and subdivision approval.
03Suite plan and fit-out BOQ.
04Written suite pricing and occupancy evidence.

MODELLED 10,000 SQ FT BASE CASE · QUALIFIERS APPLY

03
COMMERCIAL VIEW

Money in. Value out.

REVENUE
01Private suites
02Meeting rooms
03Managed services
Business Bay Offices value creation
CAPITAL CONTROLS
01
Entry price

A normal market purchase does not clear the modelled hurdle.

02
Approvals

Confirm use, subdivision, fire and building-management requirements.

03
Lease-up

Verify suite pricing and occupancy before relying on the base case.

Validation requiredDECISION GATE

Use an owner-JV or management structure first; buy only at a deeply discounted basis that clears the return rule.

04
CASE FILES

Decision deck. Full research.

Use these two controlled PDFs first. Open the supporting archive only when source detail or an editable file is required.