Portfolio as of June 2016

Map

Portfolio Location Map

Leasable area

Area by property

Index Tower

Index Tower Dubai International Financial Centre
Office, Retail and Car Parking Spaces

Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).

The building, designed by Forster+Partners, won several awards and was judged best tall building in the Middle East and Africa by CTBUH in 2011. It is designed to minimise adverse climatic effects on the building. It is orientated in such way that the East and West cores shelter the floor plates from the intense hear of the sun in this region. Sun Shades are used on the South fa├žade to minimise the effect of solar gain.
Index tower is a landmark in Dubai.

The residential area is fully occupied, while the office floors are starting to fill up.
Emirates REIT owns the full retail, 2/3 of the office floors and 1404 car parks.

Website: http://index.reit.ae

Index Tower
Index Tower
Index Tower
Index Tower

Property Highlights

Valuation AED 1.085 billion
Net Leasable Area 464,116 ft2
No. of Tenants 5
Occupancy 19%
Acquisition date May 2013 to December 2014
Ownership title Freehold

Leasable area

Office Park

Office Park Dubai Internet City
Office with retail on ground and mezzanine levels

Located within Knowledge Village, a well-established commercial and education district in new Dubai. Commercial building catering to office and retail tenants including a supermarket and other F?B tenants.

The property comprises an "L" shaped plot of land on a site area of approximately 128,412 square feet. The building was constructed in 2008 and is of reinforced concrete frame extending over two basement levels, ground, mezzanine, and seven upper floors.

Office Park
Office Park
Office Park

Property Highlights

Passing Income AED 57 million
Valuation AED 489.1 million
Net Leasable Area 369,537 ft2
No. of Tenants 53
Occupancy 96%
WA Lease Expiry 2.3 years
Acquisition date 19 June 2012
Ownership title Freehold

Leasable area

GEMS World Academy

GEMS World Academy (GWAD) Al Barsha South
School and education facility

GWAD is located within Al Barsha South in Dubai, a developing residential district of new Dubai situated between Jumeirah Village and Dubiotech.

The property is a low-rise education complex situated on a plot of land with an approximate area of 459,614 ft2.

The building was constructed in the past five years and is of reinforced concrete frame construction and extends over ground and three upper floor levels.

GWAD is currently on a long-term lease to Premier Schools, (operator of GEMS), a Pre-K to Grade 12 international school.

GEMS World Academy
GEMS World Academy

Property Highlights

Passing Income AED 29.9 million
Valuation AED 317.6 million
Net Leasable Area 459,613 ft2
No. of Tenants 1
Occupancy 100%
WA Lease Expiry 28.1 years
Acquisition date 10 October 2013
Ownership title Leasehold *

Leasable area

Loft Offices

Loft Offices - Dubai Media City
Low-rise office building

One of a cluster of three low-rise commercial buildings in Dubai Media City featuring a central courtyard and retail space in the central building.

The buildings are leased to various commercial and retail tenants.

The buildings are of reinforced concrete extending over one basement level, ground and five upper floors.

The Loft Offices 1, 2 and 3 each have their own titles.

Loft Offices
Loft Offices
Loft Offices
Loft Offices

Property Highlights

Passing Income AED 26.4 million
Valuation AED 286.6 million
Net Leasable Area 163,065 ft2
No. of Tenants 105
Occupancy 93%
WA Lease Expiry 1 year
Acquisition date 8 December 2011
Ownership title Freehold

Leasable area

Jebel Ali School

Jebel Ali School Akoya, Dubailand
School and education facility

Jebel Ali School is a development located within Akoya, a prime residential development in Dubailand.

The property under development is a low-rise education complex situated on a plot of land with an approximate area of 358,453 ft2, scheduled for completion by September 2016.

Jebel Ali School - Entrance
Jebel Ali School - Overview
Jebel Ali School - Sports field
Jebel Ali School - Auditorium

Property Highlights

Passing Income AED 10 million
Valuation AED 256.7 million
Net Leasable Area upon completion 223,913 ft2
No. of Tenants 1
Occupancy 100%
WA Lease Expiry 26 years
Acquisition date 2 August 2015
Ownership title Freehold

Leasable area

Le Grande

Le Grande Community Mall Dubai Marina
Community Mall

Le Grande Community Mall, is the retail component of Trident Grand Residence in Dubai Marina. It is a mixed-use residential and retail building situated in an established residential and commercial district of new Dubai.

The ground and first floor are comprised of retail tenants that service the Trident Grand Residence Tower. It extends to a total of 22 individual retail units with additional customer seating areas and basement car parking (161 spaces)

Le Grande Community Mall

Property Highlights

Passing Income AED 8.8 million
Valuation AED 113.9 million
Net Leasable Area 94,139 ft2
No. of Tenants 14
Occupancy 60%
WA Lease Expiry 3.2 years
Acquisition date 18 May 2014
Ownership title Freehold

Leasable area

Building 24

Building 24 Dubai Internet City
Office with ground-floor retail

Low-rise building located in a prime area of Dubai Internet City a well-established commercial district of new Dubai.

The property covers a land area of 41,036 ft2 and was constructed in 2005. The building is of reinforced concrete frame and extends over basement, ground, and three upper floor levels featuring retail and office space.

Building 24
Building 24 - Lobby
Building 24 - Bank
Building 24 - Office

Property Highlights

Passing Income AED 9.6 million
Valuation AED 68 million
Net Leasable Area 57,335 ft2
No. of Tenants 25
Occupancy 95%
WA Lease Expiry 1.4 years
Acquisition date 27 June 2011
Ownership title Freehold

Leasable area

Indigo 7

Indigo 7 Building Sheikh Zayed Road
Commercial property with ground floor retail

Indigo 7 is located along the northern side of Sheikh Zayed Road within the Al Manara district of Dubai, a primarily residential district.

The building is a low-rise development constructed in 2009 featuring retail and office components.

The building covers an area of 15,000 ft2.

Indigo 7 is currently anchored by one tenant operating two restaurants, Reem Al Bawadi and Crumbs.

Indigo 7
Indigo 7 - Crumbs

Property Highlights

Passing Income AED 3.6 million
Valuation AED 28.8 million
Net Leasable Area 20,477 ft2
No. of Tenants 5
Occupancy 90%
WA Lease Expiry 2.6 years
Acquisition date 25 September 2011
Ownership title Contractual interest similar to tenancy rights

Leasable area