Clover Bay Tower
✓ Resale Available

Clover Bay Tower

From AED 12.00M·Completed Dec 2011·Developer payment plan available Payment
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AED 12.00M
Starting Price
Dec 2011
Handover
Developer payment plan available
Payment Plan
Retail · Commerce
Type

Project Overview

Clover Bay Tower is a commercial building from the developer Mismak Properties in the prestigious Business Bay area. The building consists of three podium parking levels, a functional ground floor with amenities and twenty‑five office floors. The architectural appearance of the tower is characterized by modern minimalism: the strict lines of the facade are complemented by panoramic glazing, which visually facilitates the massive structure and fills the interior spaces with natural light. The interior spaces are designed with an emphasis on functionality and comfort: the offices are offered both in a free layout and with finished finishes. The finishing includes high-quality materials: laminate or tile in common areas, modern lighting systems and integrated communications. Residents and staff have access to a range of amenities: three‑level covered parking, high-speed elevators, 24-hour video surveillance and security, a fitness center on the ground floor, pharmacies, and cafes. The complex is located on Marasi Drive, a short drive from key points in Dubai: Dubai Mall and Burj Khalifa are about 7 minutes away by car, Sheikh Zayed Road is 5 minutes away, and Dubai International Airport is about 17 minutes away. Dubai Water Channel and Business Bay Walk walking areas are also nearby.

Project Specifications
DeveloperMismak Properties
LocationBusiness Bay
Unit TypesRetail, Commerce
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 517,800 / year
Cash-on-Cash
1.8%
Levered cashflow AED 121,800
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 780,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Clover Bay Tower launch basis13,333AED 12.00MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

Clover Bay Tower — View 2
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Clover Bay Tower official render 1

Clover Bay Tower official render 1

Clover Bay Tower official render 2

Clover Bay Tower official render 2

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Clover Bay Tower official render 3

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Clover Bay Tower official render 4

Clover Bay Tower official render 5

Clover Bay Tower official render 5

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Clover Bay Tower official render 7

Clover Bay Tower official render 7

Clover Bay Tower official render 8

Clover Bay Tower official render 8

Astraterra Properties

Official Documents

Download official marketing materials from Mismak Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Central A/C
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Lift
Maintenance warranty
Retail outlets
Security and CCTV

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Clover Bay Tower by Mismak Properties

02

Located in Business Bay

03

Starting from AED 12,000,000

04

Unit mix includes Retail, Commerce

05

Expected handover: Dec 2011

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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