Haus of Tenet
Off-Plan

Haus of Tenet

From AED 4.00M·Handover Jun 2028·10% down payment Payment
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AED 4.00M
Starting Price
Jun 2028
Handover
10% down payment
Payment Plan
Office · Commerce
Type

Project Overview

Haus of Tenet is a premium business and commercial complex located in the prestigious Business Bay area, which is the first fully branded project of the IRTH Group. The building consists of a ground floor, five podium levels and fifteen floors dedicated to office space. The facade is designed in a minimalistic aesthetic with full-height panoramic glazing, which provides abundant natural light and spectacular views of the city. The interiors and layouts at the Haus of Tenet are executed in the "shell & core" concept, providing tenants and owners with a flexible framework for creating an individual work environment. The complex offers an excellent selection of premium amenities distributed across the zones, including a modern wellness space, an indoor club for private meetings and informal socializing, cafes and restaurants. Haus of Tenet is advantageously located within walking distance of key Dubai sites. The Burj Khalifa, Downtown Dubai and Dubai Canal are located in the immediate vicinity. For sale: Office - from 4 000 000 AED / 885 sq. ft. Other detailed information will be announced later

Project Specifications
DeveloperIRTH Group
LocationBusiness Bay
Unit TypesOffice, Commerce
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 172,600 / year
Cash-on-Cash
2.2%
Levered cashflow AED 40,600
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 260,000 / 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
Haus of Tenet launch basis4,444AED 4.00MCurrent 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

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Haus of Tenet official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from IRTH Group.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Haus of Tenet — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
Adults Pool
Concierge Service
Covered Parking
Coworking zone
Lobby
Owners Lounge
Recreational areas
Resting Areas
SPA
Security and CCTV
Shared gym & fitness
Social zone
Treatment Room

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

Haus of Tenet by IRTH Group

02

Located in Business Bay

03

Starting from AED 4,000,000

04

Unit mix includes Office, Commerce

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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