XL Tower
by DAMAC Properties
Freehold offices in XL Tower — DAMAC's unique oval 25-floor canal-front tower in Business Bay. Waterfront balcony in every office, 153,000 sq.ft, ROI 8.06%, prices +21% in 6 months, pool, gym, jogging track, completed December 2010.
XL Tower Offices in Business Bay
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XL Tower — The Only Business Bay Office Building Where Every Office Has a Private Waterfront Balcony. XL Tower (DAMAC XL Tower) is a 25-storey, 115-metre Freehold commercial office building in Business Bay, developed by DAMAC Properties Group — one of the UAE's most prominent luxury real estate developers. The architectural design was carried out by Conin Incorporated Consultants
Construction began in April 2007 and the building was completed in December 2010. The tower is located directly on the Dubai Water Canal and is the third DAMAC commercial project in the Alcenza Properties Business Bay portfolio, alongside Business Tower and Executive Bay Tower B. XL Tower's most immediately recognisable feature is its oval (circular) architectural plan — a design choice that gives the building its distinctive silhouette on the Business Bay skyline, and more importantly, ensures that every single office in the building has a private waterfront-facing balcony. No other commercial building in Business Bay offers this across all of its units. With 153,000 sq.ft of office space across 19 office floors and 8,700 sq.ft of ground-level retail (shopping arcade + covered walkway), the building is designed to serve businesses at every scale, from shared offices and fitted units (800–1,500 sq.ft) to shell-and-core configurations. XL Tower's investment credentials are currently among the strongest in the Business Bay commercial market: Bayut confirms an ROI of 8.06% and a +21% increase in sale prices over the last 6 months — two of the most compelling investment metrics across the entire Business Bay portfolio. The building's amenities include an outdoor swimming pool, outdoor jogging track, fully equipped gymnasium, health club, aerobics room, cafeteria and shopping arcade. Seven parking levels are supported by swipe-card access, and every floor has its own reception desk — a service standard that reduces lobby bottlenecks and supports client-facing professional environments.
About Our Approach to Work — Alcenza
At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.
Step 1.
Initial
Consultation
Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.
Step 2.
Finding the Best Property
Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.
Step 3.
Communication With a Seller
We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.
Step 4.
Legal Documentation and Management
Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.
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Amenities & Infrastructure
XL Tower Offices
XL Tower's oval design is not just an architectural statement — it is the reason every single one of its offices has a private waterfront-facing balcony, making XL Tower the only commercial building in Business Bay with this universal feature, complemented by an outdoor pool, outdoor jogging track and a full health club
Private waterfront-facing balcony
Outdoor swimming pool
Fully equipped gym and health club
Gallery of XL Tower Offices
About Developer XL Tower Offices
DAMAC Properties is one of the UAE's largest and most prominent luxury real estate developers, founded in 2002 by Hussain Sajwani
The company has delivered over 46,000 units across the UAE, Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom. DAMAC's portfolio includes DAMAC Hills, DAMAC Hills 2, DAMAC Towers by Paramount, Aykon City and Akoya Oxygen. XL Tower is part of DAMAC's Business Bay commercial portfolio, alongside Business Tower and Executive Bay Tower B — making DAMAC one of the most prolific commercial office developers represented in the Alcenza Properties catalogue. The architectural design of XL Tower was carried out by Conin Incorporated Consultants.
Location of XL Tower Offices
Oval on the Canal — Central Business Bay with Sheikh Zayed Road Access. The XL Tower Offices are ideally located on the Dubai Water Canal waterfront in Business Bay, offering direct access to Sheikh Zayed Road (E11)
The property is situated just a 5-minute drive or a 12-minute walk from the Business Bay Metro station, and it takes only 8 minutes to reach the Dubai Mall. XL Tower is positioned directly on the Dubai Water Canal in Business Bay, connected to Sheikh Zayed Road (E11) — Dubai's principal highway. Business Bay Metro Station is a 12-minute walk or 5-minute drive. The First Collection Business Bay hotel is 0.3 km, and Anantara Downtown Dubai Hotel is 0.7 km. Dubai Mall is 8 minutes by car, Burj Khalifa is 8 minutes, DIFC is 10 minutes, and DXB Airport is approximately 17 minutes. Han Cuisine Restaurant is an 8-minute walk, Bombay Brasserie is 8 minutes, and fine-dining at Teatro in Towers Rotana is 13 minutes.
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List by
Amirans Kavtaradze
- 100% free guidance & advice
- 0% tax on rental income & profit upon sale
- High returns
- Flexible payment plan with 0% interest
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XL Tower Offices
Starting Price AED 1,60 mln
Handover Ready











