Mazaya Business Avenue - Jumeirah Lake Towers

Mazaya Business Avenue is a complex consisting of 3 office buildings located in Jumeirah Lake Towers. Each building contains 45 floors.

Master Community: Jumeirah Lake Towers
Property Types Available: Offices
Location: Sheikh Zayed Road
Status: Ready
Year Launched: 2007
Year Completed: 2012
Developer: Mazaya Holding Co.
Architect: National Engineering Bureau
Title Type: Freehold
Quality Classification: Grade B
Height Classification: High-rise
Life Cycle: Mature
Ready Buildings: 3
Floors: 45
Total Office Space (sq. ft.): 1,500,000 reports prices and transactional information for Jumeirah Lake Towers

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About Mazaya Business Avenue

General Guide

- 3 building complex all rising 45 storeys tall

- Towers are called AA1, BB1 and BB2

- Developed by Mazaya Holding who are also the developers of Queue Point and Mazaya Villas in Dubailand

- In 2007, two towers were sold out in entirety to major business groups / investors. One tower was retained by Mazaya. Over time, units were retailed out individually to investors. According to press-releases, the project had a total value of AED 1.25 billion. Unlike many other developments in JLT and Marina; work never really stopped on Mazaya Business Avenue even post financial crisis. Deliveries commenced in early 2011.

- Grade B office space; usually considered to be one of the most affordable options within JLT

- Because of its size it is generally the most transacted office space in JLT over any given period.

- Typical floor-plate of 12 - 13,000 sq. ft. sellable area (not gross)

Positives of Mazaya Business Avenue

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