HQ by Rove — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 145,243 / year
Cash-on-Cash
2.2%
Levered cashflow AED 34,165
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.55M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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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

Published payment summary

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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

HQ by Rove location map
Project location

Nearby Destinations

Business Bay

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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