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For rentPHC-1023

Fitted Office with Sea View, Park Place Tower · 5,200 sq ft

Park Place Tower, Sheikh Zayed Road · 1.3 km to DIFC · 3.0 km to Downtown

AED 936,000/yr· AED 180/ft² a year

1 / 6
Size
5,200 sq ft
Fit-out
Fully fitted
Floor
44 of 56
Parking
7 bays
Per ft² / yr
AED 180
Type
Office
Building
Grade A
Cheques
2

Office of 5,200 sq ft for rent in Park Place Tower, Sheikh Zayed Road — AED 936,000 a year. A fitted 5,200 sq ft office on the forty-fourth floor of Park P...

The market around it

At AED 180/ft², this office is 13% above the AED 160/ft² median of 2 other spaces to rent in Sheikh Zayed Road.

What offices rent for across Dubai, area by area · Rent Guide

About this space

A fitted 5,200 sq ft office on the forty-fourth floor of Park Place Tower, looking over Jumeirah to the sea.

It is handed over fitted — ceilings, lighting, flooring, partitions and data cabling are in place — so a team can move in once IT and furniture are set up. It is on the mainland, so the occupier licenses with Dubai Economy and Tourism.

A slender Grade A tower whose upper office floors look over Jumeirah to the Arabian Gulf. It is a Grade A building of 56 floors, completed in 2007.

The rent is AED 936,000 a year (AED 180 per sq ft), payable in 2 cheques. As with most commercial leases in Dubai the landlord carries the service charge; DEWA and chiller are paid on consumption. Budget for 5% VAT on the rent, a security deposit of around 10%, the agency fee and Ejari registration.

  • Boardroom, three meeting rooms and ten offices
  • Open area for thirty
  • Seven parking bays
  • Built-up area of 5,200 sq ft
  • Condition: fully fitted
  • 7 parking bays

Sizes, rents, prices and service charges are indicative and should be verified before an offer.

Amenities

6 listed
  • Covered Parking
  • Sea View
  • Fitted Reception
  • Meeting Rooms
  • Server Room
  • Mainland Licence

Specifications

Reference
PHC-1023
Offered
For rent
Type
Office
Size
5,200 sq ft
Rent
AED 936,000 a year
Per sq ft
AED 180 a year
Fit-out
Fully fitted
Furnishing
Unfurnished
Floor
44
Floors in building
56
Parking
7 bays
Cheques
2
View
Arabian Gulf
Status
Ready
Building
Park Place Tower
Area
Sheikh Zayed Road
Permit no.
7124870147
Listed
8 Oct 2026

As provided by the owner. Your advisor confirms every figure on the viewing.

Location & access

Park Place Tower, Sheikh Zayed Road — the exact unit is shared when a viewing is booked.

More in Sheikh Zayed Road
  • DIFC1.3 km
  • Downtown Dubai3.0 km
  • Dubai International Airport (DXB)8.7 km
  • Dubai Marina21 km
  • Jebel Ali Port33 km
  • Al Maktoum Airport (DWC)38 km

Straight-line distances from the building.

Before you sign

What this listing says on six of the ten checks.

  • The space

    5,200 sq ft

  • Fit-out

    Fully fitted

  • Parking

    7 bays

  • Terms

    2 cheques

  • Cooling

    Not stated

  • First-year cost

    Payment by payment, below

Ask about the 1 not stated

What it costs, payment by payment

The first payment at signing, what follows with Ejari, and each cheque after.

AED

You pay AED 657,540 when you sign, AED 4,375 for Ejari and DEWA , then 1 cheque of AED 468,000 in month 7 .

Your first year, month by month · AED

123456789101112
Paid Deposits — you get these back
  1. At signing

    The first payment

    AED 657,540

    • Rent — cheque 1 of 2AED 468,000
    • VAT on the year’s rent (5%)AED 46,800
    • Security deposit (10%) · comes backAED 93,600
    • Agency fee (5%)AED 46,800
    • VAT on the agency fee (5%)AED 2,340

    The later cheques are handed over now too, post-dated.

  2. Within days

    Ejari and DEWA

    AED 4,375

    • Ejari registrationAED 220
    • DEWA deposit · comes backAED 4,000
    • DEWA connectionAED 155
  3. Month 7

    Cheque 2 of 2

    AED 468,000

  4. First year, all in

    AED 97,600 of it comes back at the end of the lease — AED 1,032,315 is spent.

    AED 1,129,915

An estimate from the listing’s rent and the usual charges. DEWA sets its deposit from the power load, and building charges vary — your advisor confirms every figure in writing before you commit.

Questions about this space

Who pays the service charge on a leased office?
On a lease the landlord normally pays the service charge. You pay DEWA and, in most towers, chiller on consumption. On a purchase the service charge is the owner's, billed yearly per square foot; we share the current and previous figures before you offer.
Can I licence my company at this address?
Mainland buildings take a Dubai Economy and Tourism licence; free-zone buildings (DIFC, DMCC in JLT, Media City, Silicon Oasis, JAFZA, Dubai South) need that zone's own licence. We confirm which applies to this office before you sign.
How many cheques will the landlord accept?
The number on the listing is what the landlord has agreed to. Offering fewer cheques is often the simplest way to negotiate a better rent.
Who pays for the fit-out?
The fit-out is the tenant's cost unless agreed otherwise. Landlords commonly give one to three months rent-free on shell-and-core space to cover the works.
What does it cost to move in?
A year's rent in the agreed cheques plus 5% VAT, a security deposit (usually 10%), the agency fee, Ejari registration and DEWA and chiller deposits.
PHC-1023 Listed 8 Oct 2026 Permit 7124870147

Also consider

AED 936,000/yr

PHC-1023

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