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Commercial Towers
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Berkeley Tower price, payment plan and buying costs

Sheikh Zayed Road, Business BayEllington PropertiesG + 60
In short

Berkeley Tower has a 70 / 30 payment plan: 20% on booking, 50% during construction and 30% on completion. Pricing: Indicative AED 4,500 – 5,000 per sq ft; final price list at launch. Service charge: AED 24 per sq ft (anticipated).

Based on: Developer brief (PDF) (Ellington Properties); Developer brochure (PDF) (Ellington Properties); Indicative pricing quoted before launch (Commercial Towers). Last checked 30 October 2026.

What is the price of offices in Berkeley Tower?

Indicative AED 4,500 – 5,000 per sq ft; final price list at launch.

Price
Indicative AED 4,500 – 5,000 per sq ft; final price list at launch
Ownership
Freehold
Service charge
AED 24 per sq ft (anticipated)
Handover
Not yet published by the developer

What is the payment plan for Berkeley Tower?

20%On booking
50%During construction
30%On completion
InstalmentWhenShare
1On booking20%
290 days after reservation5%
3180 days after reservation5%
4240 days after reservation5%
5360 days after reservation5%
620% construction5%
730% construction5%
840% construction5%
950% construction5%
1060% construction5%
1170% construction5%
12On completion30%

What costs are on top of the price?

General guidance for buying an office in Dubai. Confirm the exact fees with the developer before booking.

Dubai Land Department fee

4% of the purchase price, paid to register the sale. Off-plan purchases are registered on the Oqood system, with administration fees on top.

VAT on commercial property

Sales of commercial property in the UAE are subject to VAT at 5%. VAT-registered businesses may be able to recover it; check with your tax adviser.

Service charges

An annual charge per sq ft for running the building, set by the developer and later the owners' association.

Fit-out

Offices are often handed over as shell and core or partly fitted. Budget for fit-out unless the developer confirms otherwise.

How is an off-plan payment protected?

  • Off-plan payments in Dubai are paid into a project escrow account regulated by the Dubai Land Department and RERA.
  • Developers draw from escrow against certified construction progress, not on booking.
  • Check the project's registration with the Dubai Land Department before paying the booking amount.

Questions about price & payment plan

What is the Berkeley Tower payment plan?

70/30: 20% on booking, four 5% instalments at 90, 180, 240 and 360 days after reservation, six 5% instalments at 20% to 70% construction, and 30% on completion.

What is the price per sq ft at Berkeley Tower?

Indicative pricing of AED 4,500 to 5,000 per sq ft was quoted ahead of launch. Ellington's brief does not publish prices; the final price list is released at launch.

What is the service charge at Berkeley Tower?

The anticipated service charge is AED 24 per sq ft per year, according to Ellington's project brief.

Is Berkeley Tower freehold?

Yes. The project brief lists ownership as freehold.

Each part of the record for Berkeley Tower

Images are artistic impressions. Areas, specifications and the payment plan are taken from Ellington's project brief and brochure and are subject to change. Only the final Sales and Purchase Agreement has legal effect.

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