Smart Heights
✓ Resale Available

Smart Heights

From AED 2.82M·Completed Dec 2010·100% down payment Payment
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AED 2.82M
Starting Price
Dec 2010
Handover
100% down payment
Payment Plan
Office · Commerce
Type

Project Overview

Smart Heights is a commercial development by DAMAC Properties, located in Barsha Heights near Dubai’s key media and business hubs. The building is designed in a contemporary style with a smooth curved tower form and a striking glass façade that reflects the surrounding cityscape. Vertical architectural elements emphasize the building’s height and create a distinctive and recognizable silhouette. The project offers a range of flexible office spaces as well as retail units. The interiors are designed in a modern aesthetic with a focus on clean lines and functionality. The spaces feature efficient layouts, ample natural light, and intuitive navigation, creating a comfortable and professional working environment. Residents and tenants benefit from premium amenities, including a gym, swimming pool, and spa, ensuring a balanced work-life experience. The location provides convenient access to key destinations: Al Zahra Hospital, Atana Hotel Dubai, and Saudi German Hospital are within 5 minutes, Mall of the Emirates, Jebel Ali Racecourse, Dubai Harbour, Marina Walk, and Barasti Beach are within 10 minutes, while City Centre Me’aisem is approximately 20 minutes away.

Project Specifications
DeveloperDamac Properties
LocationAl Barsha
Unit TypesOffice, Commerce
AreaAl Barsha
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 121,560 / year
Cash-on-Cash
1.8%
Levered cashflow AED 28,594
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 183,115 / 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
Smart Heights launch basis3,130AED 2.82MCurrent launch / asking basis
Al Barsha ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Barsha premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Smart Heights official render 1

Smart Heights official render 1

Smart Heights official render 2

Smart Heights official render 2

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Smart Heights official render 9

Smart Heights official render 10

Smart Heights official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Flexible Payment

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Amenities & Lifestyle

Broadband Internet
Leisure areas
Lift
Lobby
Parking
Pool Deck
Recreational areas
Resting Areas
SPA
Shared Pool
Shared gym & fitness
Sitting Area
Social zone

Location

Al Barsha

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al BarshaAl BarshaDubai, UAE

Developer Track Record

01

Smart Heights by Damac Properties

02

Located in Al Barsha

03

Starting from AED 2,817,150

04

Unit mix includes Office, Commerce

05

Expected handover: Dec 2010

06

Official render/gallery images available

Available for Resale

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

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

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