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.

AED 1,60 mln Starting price
Ready Handover
XL Towerby DAMAC Properties

XL Tower Offices in Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,600,000
Location Business Bay
Developer DAMAC Properties
Handover Ready
Living Area 800 sq. ft. - 1,500 sq. ft.
ROI 8.06% gross yield

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.

XL Tower Offices
About XL Tower Offices

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.

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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.

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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

Private waterfront-facing balcony

Outdoor swimming pool

Outdoor swimming pool

Fully equipped gym and health club

Fully equipped gym and health club

Outdoor jogging track
Aerobics room
Cafeteria
Shopping arcade
7 parking levels
4 high-speed elevators
Reception desk on every floor
24-hour security + CCTV
High-speed internet
Panoramic Dubai Water Canal and community views
Gallery

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.

FAQ

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What offices are available?

Fitted (800–1,500 sq.ft), shell-and-core and shared configurations; private waterfront-facing balcony in every unit.

Does every office have a balcony?

Yes — the oval shape of the building ensures all 19 floors of offices have private waterfront-facing balconies.

Is ownership Freehold?

Yes — Business Bay is a designated freehold zone.

Is the project completed?

Yes — delivered December 2010, ready to occupy immediately.

What is the confirmed ROI?

8.06% (Bayut, 2025); price growth +21% in last 6 months; listing range AED 1.6M–AED 2.5M.

Can I get a Golden Visa?

Yes — all current market units qualify at AED 2M+ (10-year UAE residency).

Is parking included?

Yes — 7 levels with swipe-card access; reserved for staff; visitor parking also available.

What wellness amenities are there?

Outdoor swimming pool, outdoor jogging track, gymnasium, health club, aerobics room.

Is there a reception on each floor?

Yes — a dedicated reception desk is provided on every floor, reducing lobby congestion and enhancing client service.

Who is the developer?

DAMAC Properties — also developed Business Tower and Executive Bay Tower B in Business Bay; architect Conin Incorporated Consultants.
FAQ

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XL Tower Offices
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
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XL Tower Offices

Starting Price AED 1,60 mln

Handover Ready