Ellington Properties and Al Hamra Group have launched Berkeley Tower, an AED 2.8 billion commercial development located on Sheikh Zayed Road in Business Bay. The 60-floor tower brings 109 Grade A offices to the central corporate district, supported by robotic parking, double-decker lifts, and direct proximity to a Dubai Metro station. We recommend confirming pre-launch allocation terms, booking conditions, and prices directly with the developer, as broker details currently vary across the market.
What does Berkeley Tower offer commercial occupiers in Business Bay?
The development introduces 109 office units within a 60-floor skyscraper directly positioned on Sheikh Zayed Road. Corporate occupiers gain access to specialized infrastructure, including automated robotic parking systems and high-capacity double-decker lifts to streamline daily traffic. The location offers immediate connectivity to public transport via a nearby Dubai Metro station. Business owners considering an office purchase here must evaluate fit-out costs, baseline service charges, and commercial purchase VAT before finalizing any booking.
How does the commercial launch align with Business Bay market data?
Business Bay remains one of the most active property markets in Dubai. DLD transaction data shows 5,261 total sales in Business Bay 2026 year to date, with a median price of AED 2.25M and a median rate of AED 2,460/sqft. Overall transaction volume in the area is down 55 percent compared to 2025, while the median price has risen 36 percent. Over the last 3 months, apartment sales in the community recorded 922 transactions at a median rate of AED 2,140/sqft. Across all property types, Business Bay continues to generate a gross yield of 7.0 percent, reflecting sustained tenant demand for well-located commercial and residential spaces.
What should buyers verify before submitting an Expression of Interest?
Because early allocation details vary across market listings, commercial investors and end-users must conduct clear due diligence on pre-launch figures. We advise buyers to verify allocation terms directly with Ellington before signing agreements or transferring initial deposits. Investor analysis should account for construction timelines and leasing demand across Sheikh Zayed Road commercial assets.
- Confirm exact unit sizes, floor plates, and pre-launch pricing directly with Ellington Properties.
- Verify the deposit structure, payment plan dates, and Expression of Interest refund conditions.
- Calculate five percent commercial purchase VAT and assess total fit-out capital expenditure requirements.
- Review expected annual service charges for 60-floor commercial towers featuring advanced infrastructure like robotic parking.
- Check historical DLD commercial lease rates along Sheikh Zayed Road to model realistic net rental yields.
What we would do
We recommend booking a direct review with Ellington to confirm live availability and official pre-launch conditions for Berkeley Tower. If you own commercial or residential property in Business Bay or across Dubai, contact our team to discuss current market yields or request a Crown Key DLD Valuation for an accurate analysis of your building based on real transaction records.
Questions people ask
What is Berkeley Tower in Business Bay?
Berkeley Tower is an AED 2.8 billion commercial project by Ellington Properties and Al Hamra Group. Located on Sheikh Zayed Road in Business Bay, the 60-floor building features 109 office spaces, double-decker lifts, robotic parking, and nearby Dubai Metro access.
What are the latest DLD transaction statistics for Business Bay?
DLD transaction data shows Business Bay recorded 5,261 sales 2026 year to date with a median price of AED 2.25M and a gross yield of 7.0 percent. Over the last 3 months, the area recorded 922 apartment sales at a median price of AED 2,140/sqft.
How should buyers confirm pricing and allocation for Berkeley Tower?
Pre-launch allocation details vary across broker websites. Buyers should verify prices, booking dates, and Expression of Interest terms directly with Ellington Properties.
Sources: ellingtonproperties.ae · ellingtonproperties.ae · Dubai Media Office · Gulf News
General information from Dubai Land Department data and public reports, not a forecast or advice on a specific transaction.