HQ by Rove
Off-Plan

HQ by Rove

From AED 3.37M·Handover Mar 2029·15% down payment Payment
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AED 3.37M
Starting Price
Mar 2029
Handover
15% down payment
Payment Plan
Office · Commerce
Type

Project Overview

HQ by Rove is an innovative office complex developed by IRTH Development under the Rove hospitality brand, situated in the prestigious Marasi Bay Marina district of Business Bay. The building comprises five underground parking levels, a ground floor, four podium levels, 26 office floors featuring amenities including unique loft-style units on the upper levels, and a rooftop. The complex offers modular office spaces, fully furnished and equipped in Rove’s signature style. Each floor can accommodate up to 22 modular units, enabling tenants to select and customize their workspace according to their specific needs. Every office includes its own private outdoor courtyard furnished with smart furniture. To promote a healthy work-life balance, the complex provides an extensive range of amenities, including stylish meeting pods, a fully equipped gym, relaxation zones, event spaces, a food hall, and creative nooks—transforming the workday into an enjoyable experience. Location is one of HQ by Rove’s key advantages. Direct access leads to the Marasi Bay promenade. Al Khail Road is just a 1-minute drive away, Sheikh Zayed Road is 3 minutes away, and Dubai Design District, DIFC, and Downtown Dubai are all within a 5-minute drive. DXB Airport is only 15 minutes away.

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 145,243 / year
Cash-on-Cash
2.2%
Levered cashflow AED 34,165
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 218,790 / 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
HQ by Rove launch basis3,740AED 3.37MCurrent 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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Astraterra Properties

Official Documents

Download official marketing materials from IRTH Group.

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Payment Structure

15% down payment

Flexible Payment

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Amenities & Lifestyle

ATM Facility
Accessibility for people with disabilities
Broadband Internet
Central A/C
Concierge Service
Conference room
Covered Parking
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Fitness Zone
Leisure areas
Library
Lift
Lobby
Lounge
Pool Deck
Pool Lounge
Private Lounge
Recreational areas
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Yoga studio

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

HQ by Rove by IRTH Group

02

Located in Business Bay

03

Starting from AED 3,366,000

04

Unit mix includes Office, Commerce

05

Expected handover: Mar 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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