Churchill Tower (Commercial) — sale prices & transaction history

Churchill Tower Commercial sale prices by floor area

Median recorded prices for Churchill Tower (Commercial) by floor area. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 1,605 recorded office transactions. These are the prices buyers actually paid — not asking prices, and not a district average.

A size band with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — a transaction recorded without a usable floor area belongs to no band.

Most recent Churchill Tower Commercial transactions

The newest individual recorded office transactions on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.

Why below-market resale shows up in Churchill Tower Commercial

• Owner-occupier businesses alongside investors. When a company's needs change the unit is sold to a deadline set by the business, and that is where genuine below-market pricing in an office tower usually comes from.
• A long Business Bay supply pipeline: a resale here competes with whatever office space launched most recently a few streets away, which caps what a seller can realistically ask.
• Holding costs on a vacant unit. An empty office pays service charges and earns nothing, and the arithmetic of waiting gets worse the longer it runs.
• Age. Stock first recorded in 2010 now reaches the point where re-fitting is due, and discounting is sometimes cheaper for an exiting owner than the work.

What to check before you offer on Churchill Tower Commercial

• Confirm in writing that the unit sits in the commercial tower. The Land Department treats the commercial and residential Churchill registers as different buildings, and a price taken from one is not a comparable for the other.
• Read the floor-area band that matches the unit. Where a tower repeats one plate, a unit outside that size is priced by a much thinner set of comparables and deserves more scrutiny.
• Establish whether you are being offered shell-and-core or a fitted office, and who paid for the fit-out. Two units of identical size on the same floor can sit a long way apart on price for that reason alone — the register records what was paid, never the condition it was paid for.
• Ask whether the unit is vacant or tenanted and how long the lease has left. A sale with a sitting tenant transfers that lease with it, which can be the reason a price looks soft or the reason it is firm, and it decides what you can do with the space on day one.
• Ask for the current service charge per square foot and the last two years of it. Office service charges in Dubai are set per building and reviewed annually, and on a whole-floor unit a rise of a dirham or two per square foot comes straight off the net yield rather than out of a household budget.
• Ask which register the unit sits on. A completed office changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.

Churchill Tower Commercial — common questions

Is Churchill Tower one building or two?

Two, as far as the Dubai Land Department is concerned. It maintains separate registers for a commercial Churchill tower and a residential one, each with its own transaction history and price levels. Every figure on this page comes from the commercial register only — no apartment sale is included.

Why is this table by floor area instead of bedrooms?

Because the Dubai Land Department does not record a bedroom count for a commercial unit — it files offices with the room field left blank. A bedroom table for this building would be empty. Floor area is also the axis an office is genuinely traded on, so the bands below match how the units are actually bought and sold.

Is the price data on this page asking prices or actual sales?

Actual sales — the Land Department's record of completed transactions, meaning the price recorded when ownership legally changed hands.

Can I tell from this data whether a unit is selling below its original price?

No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same unit.

How current is this register?

The page states the date of the most recent recorded transaction it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.