Portfolio as of May 2019

Portfolio Location Map
Index Tower

Index Tower

Office, retail and car parking spaces located in Dubai International Financial Centre

Located in the Dubai International Financial Centre (DIFC) area, Index Tower is a breathtaking and iconic 80-storey building. Built by award-winning architects Foster & Partners, this tower has won accolades including being named “Best Tall Building Middle East & Africa” by the Council on Tall Buildings and Urban Habitat in 2011.

Completed in 2010, the building is a high-end, mixed-use property featuring residential, office and retail components. The REIT freehold interests in Index Tower were acquired in various phases during 2013, 2014 and 2019, now consisting of 432,930 sq. ft of office space, 1,561 car park spaces, and 63,000 sq. ft of retail space.

Occupancy has increased to 50%, reflecting the growing interest and popularity of the tower. The property’s prime location, the adjacent Index Mall, and its future integration to DIFC’s Gate Avenue will create a vibrant lifestyle epicentre, synonymous with capital appreciation and strong rental growth.

Index Tower
Index Tower
Index Tower
Index Tower
Office Park

Office Park

Office with retail on ground and mezzanine levels located in Dubai Internet City

Dubai Internet City

Office Park was completed in 2008, and Emirates REIT acquired the freehold interest in the property in June 2012. The building is located in the popular and well established Knowledge Village, the world’s only free zone campus dedicated to human resources management, professional learning and education. The community provides facilities for corporates and is home to over 400 companies and institutions.

The premises are arranged as five interconnected blocks, in an L-shape, with four levels of parking and large floor spaces from 600 sq. ft to 60,000 sq. ft to be able to accommodate any tenant need. The property enjoys strong occupancy levels and is particularly attractive to international companies. Uber, Coca-Cola and Bayer Middle East are amongst the primary tenants of the building.

The Office Park ground floor retail area continues to expand as a vibrant hub for the surrounding community featuring restaurants, coffee shops, a supermarket and other convenience stores. Equitativa’s management has set up the foundations for rental growth and continuously undertakes enhancement and upgrades of common areas.

Office Park
Office Park
Office Park
Office Park
Jebel Ali School

Jebel Ali School

School and education facility located in Akoya, Dubailand

Akoya, Dubailand

The Jebel Ali School is a build-to-suit development for, and on behalf, of Jebel Ali School – a British curriculum school, educating children in Dubai since 1977 and providing independent, high-quality not-for-profit education in the UAE. With the official opening for the academic year 2016/2017 - the campus consists of state of the art facilities, including an auditorium, indoor sports centre, a 25m pool, science & technology laboratories, a lecture theatre, art, drama & music facilities and numerous sports fields.

The campus was built on a 358,454 sq. ft plot in the Akoya Development of Dubailand in August 2015. At its full capacity, the school is set to accommodate 1,800 students. The demand remains steadily fuelled by the completion of surrounding residential developments & communities such as Akoya, Arabian Ranches, Meydan, Motor City and Dubai Sports City.

Jebel Ali School - entrance
Jebel Ali School - football field
Jebel Ali School - library
Jebel Ali School - auditorium
GEMS World Academy

GEMS World Academy

School and education facility located in Al Barsha South

GEMS World Academy, Dubai, is a low-rise education complex located on Al Khail Road, in Al Barsha South, an upcoming developing residential district. Founded in 2007, GEMS World Academy is an International private school, offering education to students ranging from KG1 to Grade 12.

The school is managed and operated by the reputable GEMS Education, the largest operator of kindergarten to Grade 12 schools in the world, with a network of over 70 schools in over a dozen countries. Extending over a land area of 459,614 sq. ft, Emirates REIT acquired the property in October 2013 with the benefit of a long leasehold title.

GEMS World Academy
GEMS World Academy
GEMS World Academy
GEMS World Academy
Loft Offices

Loft Offices

Low-rise office building located in Dubai Media City

The Loft Offices is a cluster of three low-rise commercial buildings in Dubai Media City (DMC). DMC was launched in January 2001 to establish Dubai as the region’s leading media hub. It encompasses a media community of over 20,000 people working in over 2,000 regional and international media companies that are pushing the limits of creativity every day.

The property is a unique proposition providing duplex office spaces, featuring a central courtyard and retail space; thus creating a unique and ideal environment for creative companies and startups. Acquired on a freehold ownership title by Emirates REIT in December 2011, the premises is comprised of a total leasable area of 163,869 sq. ft.

Equitativa is actively managing the property to improve operational efficiencies while enhancing marketability and attracting new tenants.

Loft Offices
Loft Offices
Loft Offices
Loft Offices
School in DIP

School in DIP

School and education facility located in Dubai Investments Park

Emirates REIT further expanded its investments in the education sector in 2016 by acquiring a leasehold interest in a 269,098 sq. ft plot in Dubai Investments Park for the development of a new school, built to the requirements of international operators and a capacity for up to 1,500 students. The school is conveniently located in Dubai Investments Park (DIP). DIP is a 32 million m2 development with industrial, commercial, residential and educational zones.

DIP is designed to become one of the most environment-friendly developments in the region providing a high-quality residential area while it cements its position as the region’s premier business and industrial park. Phase 1 of the school is completed with the construction of phase 2 currently being completed enabling the school operator to operate both primary and secondary classes.

The campus also features extensive sports facilities and is expected to welcome new students from 2019.

School in DIP
School in DIP
School in DIP
School in DIP
European Business Center

European Business Center

Office and retail located in Dubai Investments Park

Emirates REIT acquired the freehold interest in the European Business Centre in Dubai Investments Park (DIP) in August 2017. EBC is the ideal location for companies willing to set up their operations in a prominent business community.

The property is a modern mixed-use office and retail development arranged over three floors – comprised of 86,111 sq. ft of office space and 73,347 sq. ft of prime retail space. The premises accommodates turn-key offices in flexible sizes, as well as in-house retail facilities, serviced offices that offer meeting and conference rooms, logistical facilities, basement parking, and ‘green building’ amenities. This is a prime commercial asset in a secure and upcoming location.

Equitativa has initiated the repositioning of the property and the tenant mix. The building will, in the near future directly benefit from the improvements in the area, especially following the completion of the adjacent metro station.

European Business Center
European Business Center
European Business Center
European Business Center
Lycée Français Jean Mermoz

Lycée Français Jean Mermoz

School and education facility located in Al Quoz

Emirates REIT acquired Lycée Français Jean Mermoz (LFJM) In May 2018 on a sale and leaseback basis. The campus is conveniently located in the centre of Dubai’s Al Quoz district, with easy access to Business Bay, Jumeirah and Al Barsha neighbourhoods.

The school opened in September 2017 and currently provides French curriculum education. The property development includes a built-to-suit component to the operator’s specifications, which is programmed and aligned with the ramp-up of the school. On completion, the campus will offer over 226,000 sq. ft of built-up area with extensive sports facilities, an auditorium and two indoor pools accommodating up to 1,500 students. The construction of the first extension has commenced.

Lycée Français Jean Mermoz
Lycée Français Jean Mermoz
Lycée Français Jean Mermoz
Lycée Français Jean Mermoz
Trident Grand Mall

Trident Grand Mall

Community mall located in Dubai Marina

Trident Grand Mall is a two-floor retail component of Trident Grand Residence in Dubai Marina’s popular Jumeirah Beach Residence mixed-use residential and retail development. Jumeirah Beach Residence (also known as JBR) is a destination on its own, built on 1.7 kilometres long waterfront featuring world-class hotels, residences and commercial developments.

The asset was acquired in May 2014 on a freehold ownership title. The mall features 94,139 sq. ft of prime retail and terrace space with 22 retail units over two floors and 161 basement parking spaces. The REIT Manager is undergoing the repositioning of the asset, which includes renovations and improving the tenant mix.

Trident Grand Mall
Trident Grand Mall
Trident Grand Mall
Trident Grand Mall
Building 24

Building 24

Offices with ground-floor retail located in Dubai Internet City

Building 24 is a low-rise building located in a prime area of Dubai Media City (DMC). DMC was established as a regional hub for media organisations including news agencies, publishing, online media, advertising, production, and broadcast facilities. Dubai Media City has become a significant hub for the media industry in the GCC and the Middle East, with more than 2,000 companies.

Building 24 is part of phase 1 of Media City, built in 2005 and acquired by Emirates REIT in 2011 offering 57,334 sq. ft leasable area, over three floors, with turn-key offices in flexible sizes, as well as retail facilities. Equitativa is active in monitoring and identifying ways to improve performance further by building efficiencies and optimising rent opportunities.

Building 24
Building 24 - Lobby
Building 24 - Bank
Building 24 - Office
Indigo 7

Indigo 7

Commercial property with ground floor retail located on Sheikh Zayed Road

Indigo 7 is a mixed-use retail strip mall and office building, located on the highly desirable Sheikh Zayed Road, in the Al Manara district of Dubai. The building is a low-rise building constructed in 2009 and acquired by Emirates REIT in September 2011. The property enjoys excellent visibility and features 20,476 sq. ft of prime retail and office space.

In addition to the visibility, the proximity to the Al Manara residential district makes the property a desirable destination for retail, commercial and F&B alike. Indigo 7’s operational performance remains robust and is a mature asset within the portfolio.

Indigo 7
Indigo 7
Indigo 7
Indigo 7