Assets
Office · Dubai International Financial Centre

Index Tower DIFC

Al Mustaqbal Street, Dubai International Financial Centre · Built 2009 · 80 floors
Partial
Current value
$380.0M
4.1% 1-yr (modeled)
Cap rate
Free account
Value $/SF
$317
$305.5M$326.1M$346.8M$367.4M$388.0M201920202021202220232024Modeled trajectory — no observed history
sourcedmodeled0 of 6 sourced

Ownership & debt

Ownership chain & debt stack
Owner of record: Emirates REIT (CEIC) PLC (principal owner: retail, parking, and ~79% of office floors).
1 recorded holder · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
1 debt tranche on file — lender, principal, rate and maturity.

Financials

Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.

Underwriting

Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.