Alhad Properties presents a spacious office space located on the heart of Media City. Property Details: * Location: Dubai Media City * Building: Loft Offices 1 * Close to Palm Jumeirah 1 Tram Station * Size: 1,189.84 sq. ft. * Rent per sqft: AED 175 * Service Charge per sqft: AED 30 * Total Rent per sqft: AED 205 yearly * Total Rent: AED 243,917 * License Type: DDA * Restroom - 2 * Pantry * Parking - 1 Other Info: * Number of rent cheques accepted: 4 * Agent Commission: 10% * Ejari and contract processing fees: Ejari 172.50 * Required amount for the security deposit: 10% * Chiller inclusion (whether free or not): Free * DEWA will be on the tenant * Additional parking fees, if any: Subject to availability and 1,250 per month * Guest parking options: Subject to availability via the PM Team on site Note: * The duration of the Lease shall be 3 years, with 5% escalations year on year, with no negotiation to the rent. * The entire service charge per year is required to be paid upon signing the lease agreement. * While we can commence the lease early, if any modifications needed, the fit-out process may take up to 60 to 90 days.