Dubai - Dubai Silicon Oasis
Cambridge Business Centre
Overview
This property has pre-launch prices and several pre-launch offers and has been selected as a HOT DEAL!
Revel in the luxury of Free-zone ownership offices at the heart of the new Dubai
Situated on a corner plot in a prime location, the nine storey Cambridge Business Centre offers retail showrooms and 65 tastefully appointed hi-tech offices suites, all with contemporary layouts and designs that combine the convenience of the modern lifestyle with timeless elegance. Cambridge Business Centre has quality 5-star finishes and is built to exacting British standards.
Pre-launch offers
- Free Keyless entry for every office
- Free high speed Internet Wi-Fi Package for all offices
- Free Car parking for every office over 900 sq.ft.
- Free Valet Parking for the first year
- Free Fax machine in every office
- Free Xerox machine in every office
- Free maintenance charges for the first year - second year onwards the maintenace will be charged @ AED 6 per sq.ft. per annum
- Guaranteed non status finance of up to 90% of Unit costs!
- Conservative rental returns expected @ 15% per annum
- 8% RENTAL GUARANTEE FOR THE FIRST 3 YEARS!
Dubai Silicon Oasis striking a perfect balance
Dubai Silicon Oasis (DSO) Technology Park built specially for the microelectronics and the semiconductor industry. Beautifully spread over 7.2m square metres, the Integrated Microelectronic Technology Park houses a number of microelectronics and optoelectronic related enterprises; a state-of-the-art Microelectronics Innovation Centre (MIC), fabrication plants, Research and Development centres and specialized academic institutions and residential areas.
Key Features
- 100% Foreign ownership
- Reduce your operation costs by over 30% in comparison to other International Centres
- 100% Repatriation of Capital
- High Tax incentives, not available globally
- Access to low cost digital & RF/AMS regional engineers
- Virtually no employee turnover
- Accelerate 'Time to Profit' using DSO subsidized 'Get-to-Silicon' programme
- Business start-up from as little as 7 days
- Guaranteed non-status finance of up to 90% of unit costs
- Zero Corporate Tax
- Zero Personal Tax
- Rental returns of 15% per annum
- Prestigious location in the heart of new Dubai
- Efficient infrastructure & support
- Technology & Industry focus with hi-spec IT infrastructure & security systems
- Access to manufacturing, assembly & marketing
- Strict IP protection laws
- Legal support
- Admin Visa processing
- Easy immigration procedures
- Accommodation support
- Expatriate lifestyle
- Abundant inexpensive energy supply
- Superb transportation links
- Cosmopolitan work environment
Purpose Built Community
Dubai Silicon Oasis has an unbeatable value proposition based around three core offerings, electronic design infrastructure, efficient business services and an integrated technical design community.
Fast Track Start
Dubai Silicon Oasis provides "single window" Government and convenience services to major Investors and multinational companies, with the aim of facilitating the establishment of operations, easing legal clearance and delivery world-class support services.
COMPLETION DATE : April 2009
Location
Prestigiously located in the heart of new Dubai Cambridge Business Centre has close proximity to the Emirates Road and Jebel Ali Airport.
Floorplans
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| FLOOR PLAN - Ground Floor | TYPICAL FLOOR PLAN - 1st to 5th Floor | TYPICAL FLOOR PLAN - 6th & 7th Floors |
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| TYPICAL FLOOR PLAN - 8th & 9th Floors | FLOOR PLAN - HEALTH CLUB |
Project Facilities
THE FOLLOWING "FREQENTLY ASKED QUESTIONS" WILL PROVIDE ALL THE INFORMATION YOU NEED ABOUT CAMBRIDGE BUSINESS CENTRE - DUBAI SILICON OASIS
What is Cambridge Business Centre?
Cambridge Business Centre is a high end 9-storey commercial building that offers 108 small medium & large offices and 11 retail shops in the region's most efficient free zone: Dubai Silicon Oasis.
Why choose Dubai Silicon Oasis?
Besides being the rising star in the Free zone horizon of the region, Dubai Silicon Oasis is located within 12 kms from Dubai airport, 8kms from the city and well connected by highways to the port. As a priority high tech area, it receives direct attention and support from the ruler of Dubai. Within a short span it has been credited as the region's MOST EFFICIENT free zone offering speed, convenience and one-stop shop business facilities
Where is the development located and what makes CBC different?
Cambridge Business Centre (CBC) is located in corner plot number 26-035 in Dubai Silicon Oasis.
Features of the development include
Located right opposite to the world's number one Travel Agency DNATA, Al Ghurair Group and other large commercial establishments
Next door to residential towers and in front of a large block of Emirates Airlines villa
Adjoining Academic City (functional right now)
The CBC architecture is based on a timeless British design that makes the building absolutely
stand out!
The offices offer high tech functionality and are packed with unbeatable features that makes the property a prized possession
Who are the Developers and Property Managers of CBC?
The property is being developed by Memon Properties LLC (Project development arm of Memon Group of companies) and the property is managed by Homeland Commercial Brokers, a Dubai based Rental and Property Management Company.
Who are the Architects?
Adnan Saffarini is the award winning architectural and engineering firm. Their portfolio of designing and commissioning over 400 theme based residential villas, towers, commercial towers, state of the art shopping malls and government projects in the last 17 years, is testimony to their progressive engineering and architectural acumen.
When will construction start and finish and who are the Building Contractors?
Construction is scheduled to commence in the first half of 2007 and conclude by April 2009. Contractors for this project are currently being short listed from among 22 international firms.
What is the payment schedule and is financing available?
Normal payment terms are 10% at the time of booking followed by 10% every three months, extended term payments of up to five years are available. Presently this is applicable for everyone that can place a 10% deposit. Please contact us for details.
What standard of quality may be expected at CBC?
Only the most elegant fittings, the finest materials, expertise and workmanship have gone into making every office & shop at Cambridge Business Centre a five-star experience.
What is the price range for the variety of shops/ office types?
Please contact us for the latest prices and availability.
What other charges may I expect to pay?
A one time fee of 1.5% of the apartment price is payable to the Land Department at the time of registration. If the apartment is transferred to a third party, a 2% transfer fee applies.
Maintenance service fees for the first year are free, the following year a service fee of AED 6 per sq.ft. per annum is applicable.
What facilities are available in the tower?
Is this development freehold or 99 year lease?
The property is a free zone with a 99 year lease. All clients are eligible for Company Visa, provided by Dubai Silicon Oasis, subject to UAE immigration rules and regulations.
Why is CBC better than 'freehold' commercial property?
Free zone property is significantly better than freehold property due to the following reasons:
Can I expect any pre-launch "special offers" on CBC?
Yes, presently there is a pre-launch special offer that includes:
Who offers the rental guarantees and how do they work?
Negotiations are in progress with a reputed rental agency that has committed the 8% gross rental guarantee. After deducting a 2% management fees, the nett payable rentals would be 6% per annum for a minimum period of three years.
Can I rent my property on a short-term or long-term lease to a third party?
Yes.
Do the shops / offices come furnished?
As with most commercial developments in Dubai, shell space is offered and it is up to the individual owners to furnish the offices including floors, partitions etc. However before handover there will be on offer specialized interior design packages to suit the tastes and budgets of CBC customers. Since this facility will be available across several developments, customers can leverage a special pricing advantage. Please contact us for further details.
Are there any warranties / guarantees?
Your property is covered under the DLP (Defect Liability Period) for a period of one year from the completion of construction. This includes all mechanical, plumbing and electrical works. CSL (Civil Structure Liability) is offered by the contractor for a period of 10 (ten) years.
What about insurance?
The building structure is insured by the contractor of the project for a period of 10 (ten) years, while insurance of individual offices is optional and left to the discretion of the unit owners.
What returns can I expect investing in CBC?
Commercial property in Dubai is presently at a significant premium. Conservative estimates suggest annual rental yields of around 12% and your capital to double in around the 3 to 4 year window.
What businesses (commercial activities) are allowed within Dubai Silicon Oasis?
There are no restrictions in the commercial activities of shops. A large range of commercial activities are permitted for offices. Some of these include the airline & shipping industries, general trading, IT and high tech industries, Insurance, Real Estate and Travel & Tourism among several others.
From an investment stand point what is better, investing in residential apartments or offices?
One cannot generalize as priorities vary from person to person, but from a financial point of view, here are some hard facts:
Can the property be registered in a Company name or in joint names?
Yes, if it is a company, a copy of the certificate of incorporation along with copy of the passport of the individual representing the company will be required. A maximum of two people can jointly own the property.
If I want to invest in Cambridge Business Centre what do I do next?
Simply contact us and we will make all the necessary arrangements for you.
What is Cambridge Business Centre?
Cambridge Business Centre is a high end 9-storey commercial building that offers 108 small medium & large offices and 11 retail shops in the region's most efficient free zone: Dubai Silicon Oasis.
Why choose Dubai Silicon Oasis?
Besides being the rising star in the Free zone horizon of the region, Dubai Silicon Oasis is located within 12 kms from Dubai airport, 8kms from the city and well connected by highways to the port. As a priority high tech area, it receives direct attention and support from the ruler of Dubai. Within a short span it has been credited as the region's MOST EFFICIENT free zone offering speed, convenience and one-stop shop business facilities
Where is the development located and what makes CBC different?
Cambridge Business Centre (CBC) is located in corner plot number 26-035 in Dubai Silicon Oasis.
Features of the development include
Located right opposite to the world's number one Travel Agency DNATA, Al Ghurair Group and other large commercial establishments
Next door to residential towers and in front of a large block of Emirates Airlines villa
Adjoining Academic City (functional right now)
The CBC architecture is based on a timeless British design that makes the building absolutely
stand out!
The offices offer high tech functionality and are packed with unbeatable features that makes the property a prized possession
Who are the Developers and Property Managers of CBC?
The property is being developed by Memon Properties LLC (Project development arm of Memon Group of companies) and the property is managed by Homeland Commercial Brokers, a Dubai based Rental and Property Management Company.
Who are the Architects?
Adnan Saffarini is the award winning architectural and engineering firm. Their portfolio of designing and commissioning over 400 theme based residential villas, towers, commercial towers, state of the art shopping malls and government projects in the last 17 years, is testimony to their progressive engineering and architectural acumen.
When will construction start and finish and who are the Building Contractors?
Construction is scheduled to commence in the first half of 2007 and conclude by April 2009. Contractors for this project are currently being short listed from among 22 international firms.
What is the payment schedule and is financing available?
Normal payment terms are 10% at the time of booking followed by 10% every three months, extended term payments of up to five years are available. Presently this is applicable for everyone that can place a 10% deposit. Please contact us for details.
What standard of quality may be expected at CBC?
Only the most elegant fittings, the finest materials, expertise and workmanship have gone into making every office & shop at Cambridge Business Centre a five-star experience.
What is the price range for the variety of shops/ office types?
Please contact us for the latest prices and availability.
What other charges may I expect to pay?
A one time fee of 1.5% of the apartment price is payable to the Land Department at the time of registration. If the apartment is transferred to a third party, a 2% transfer fee applies.
Maintenance service fees for the first year are free, the following year a service fee of AED 6 per sq.ft. per annum is applicable.
What facilities are available in the tower?
- Tastefully designed high-end Offices
- Lobby in Marble
- Three High speed elevators
- State-of-the art fitness centre with gym, swimming pool and spa facilities
- Convenient two storey car parking
- 24-hour Security
- 24-hours 'in-house' Maintenance & Facility Management team
- Café, restaurants on ground floor
Is this development freehold or 99 year lease?
The property is a free zone with a 99 year lease. All clients are eligible for Company Visa, provided by Dubai Silicon Oasis, subject to UAE immigration rules and regulations.
Why is CBC better than 'freehold' commercial property?
Free zone property is significantly better than freehold property due to the following reasons:
- The concept: Freehold properties are designed with residences in mind. Free zones are designed with BUSINESSES in mind and are therefore more business friendly
- 100% foreign ownership: Freehold commercial property may be yours, but you would still require a local partner to operate the business. In other words, in a freehold office you own the property, but don't own the business 100%. This is a major advantage in free zone property, you own the property for 99 years, but the business is yours 100%
- Visa: Freehold properties only facilitate a residency visa. You will need a separate work permit to legally work in Dubai. On the other hand, a free zone visa is a business visa and the eligibility of the number of such visas is proportional to the area of your office (you would need an absolute minimum of 50 sq.mt office to claim such visas, the smallest office in CBC is well above this limit)
- One-Stop-Shop: Freehold properties do not offer added value for businesses. Free zones often offer single window transactions. Everything you need to open a business can be transacted form one point within the free zone office. This includes company registration, visas, HR, etc.
- Capital appreciation: Free zone properties are presently more competitive than other properties. The Dubai Silicon Oasis free zone comes under the direct purview of Dubai's ruling family and is expected to rapidly outgrow other business centres in future potential, stability and business efficiency. Capital appreciation can safely be expected to be the maximum among all regional free zones as a collective result.
Can I expect any pre-launch "special offers" on CBC?
Yes, presently there is a pre-launch special offer that includes:
- Free Keyless entry for every office
- Free high speed Internet Wi-Fi Package for all offices
- Free Car parking for every office over 900 sq.ft.
- Free Valet Parking for the first year
- Free Fax machine in every office
- Free Xerox machine in every office
- Free maintenance charges for the first year - second year onwards the
maintenance will be charged @ AED 6 per sq.ft. p.a. - Guaranteed non status finance of up to 90% of Unit costs!
- Conservative rental returns expected @ 15% per annum
- 8% RENTAL GUARANTEE FOR THE FIRST 3 YEARS!
Who offers the rental guarantees and how do they work?
Negotiations are in progress with a reputed rental agency that has committed the 8% gross rental guarantee. After deducting a 2% management fees, the nett payable rentals would be 6% per annum for a minimum period of three years.
Can I rent my property on a short-term or long-term lease to a third party?
Yes.
Do the shops / offices come furnished?
As with most commercial developments in Dubai, shell space is offered and it is up to the individual owners to furnish the offices including floors, partitions etc. However before handover there will be on offer specialized interior design packages to suit the tastes and budgets of CBC customers. Since this facility will be available across several developments, customers can leverage a special pricing advantage. Please contact us for further details.
Are there any warranties / guarantees?
Your property is covered under the DLP (Defect Liability Period) for a period of one year from the completion of construction. This includes all mechanical, plumbing and electrical works. CSL (Civil Structure Liability) is offered by the contractor for a period of 10 (ten) years.
What about insurance?
The building structure is insured by the contractor of the project for a period of 10 (ten) years, while insurance of individual offices is optional and left to the discretion of the unit owners.
What returns can I expect investing in CBC?
Commercial property in Dubai is presently at a significant premium. Conservative estimates suggest annual rental yields of around 12% and your capital to double in around the 3 to 4 year window.
What businesses (commercial activities) are allowed within Dubai Silicon Oasis?
There are no restrictions in the commercial activities of shops. A large range of commercial activities are permitted for offices. Some of these include the airline & shipping industries, general trading, IT and high tech industries, Insurance, Real Estate and Travel & Tourism among several others.
From an investment stand point what is better, investing in residential apartments or offices?
One cannot generalize as priorities vary from person to person, but from a financial point of view, here are some hard facts:
- According to the Dubai Chamber of Commerce and Industry (DCCI), the emirate's nominal GDP grew 27% in 2005 - more than five times the global average. This obviously translates to increasing commercial activity over the next few years!
- John Davis, CEO, Colliers International - Middle East, says: "Dubai is positioned to become the business capital of the region, as it has implemented a succession of world-class incentives to attract Corporations, NGOs and SMEs from across the globe".
- Dubai currently boasts 14 million square feet of available primary and secondary grade office space, a relatively small amount considering the rapid influx of foreign business and the development of indigenous entities currently being undertaken here.
- Rental yields from commercial property are generally 3% to 7% higher than residential properties depending on location and project features.
Can the property be registered in a Company name or in joint names?
Yes, if it is a company, a copy of the certificate of incorporation along with copy of the passport of the individual representing the company will be required. A maximum of two people can jointly own the property.
If I want to invest in Cambridge Business Centre what do I do next?
Simply contact us and we will make all the necessary arrangements for you.
Price and Payment Terms
| Property Type | AUD | USD | EUR | GBP | AED |
|---|---|---|---|---|---|
| OFFICES STARTING FROM | 152,151 | 119,804 | 89,853 | 61,100 | 439,680 |
| OFFICES - HALF FLOOR STARTING FROM | 1,359,307 | 1,070,320 | 802,740 | 545,863 | 3,928,075 |
| OFFICES - FULL FLOOR | 2,812,131 | 2,214,277 | 1,660,707 | 1,129,281 | 8,126,395 |
| RETAIL UNITS STARTING FROM | 176,309 | 138,826 | 104,119 | 70,801 | 509,490 |
| Installment | Percentage | Expected Date |
|---|---|---|
| Reservation Deposit | 10% | On Reservation |
| 1st Installment | 10% | Within 3 months of reservation |
| 2nd Installment | 10% | Within 6 months |
| 3rd Installment | 10% | Within 9 months |
| 4th Installment | 10% | Within 12 months |
| 5th Installment | 10% | Within 15 months |
| 6th Installment | 10% | Within 18 months |
| 7th Installment | 10% | Within 21 months |
| 8th Installment | 10% | Within 24 months |
| Final Installment | 10% | On Completion |
PLEASE CONTACT US FOR PAYMENT TERMS
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