FAQs

Central Park Towers is a single-owned building with commercial spaces – office and retail units available to rent / lease only.

Shell and Core, CAT A Fitted and Fully fitted & furnished offices are available to lease with minimum office sizes in Central Park Towers ranging from 1000 Sqft onwards.

There are no serviced offices at Central Park Towers.

Unfortunately, No. A DIFC approved license is required to operate within Central Park Towers.

You can sign a Lease Offer and confirm unit reservation after which you need to enter into a Lease Agreement and upon receipt of an ‘DIFC license approval’.

Unit reservation is confirmed upon signing of Lease Offer subject to receipt of duly cleared funds towards security deposit payable to the Landlord via a cheque or direct bank transfer.

Fit-out period is the same as the rent free period.

Service charges is payable by the Tenant to the landlord for the services the landlord is obliged to provide under the terms of the lease. They will be a variable amount from year to year depending on the costs incurred. Service Charges can include: Security and front-desk Services, Maintenance and repairs to shared areas, such as common stairwells and corridors, elevators, community charges and other charges to cover the fees with running the property operations.

Your first rental instalment is due in advance on or prior to Lease Commencement Date and is offset from your future payment. In addition, service charges applicable for the grace period is due at the start of lease. Remaining instalment are due as per the dates mentioned in the payments section of your lease agreement.

Payment towards a lease can be made in 4 instalments due as per the dates in the Lease Agreement.

All payments are in made in favour of the Landlord. We do not accept cash transactions. Post dated cheques have to be handed over on or prior to signing of lease for Rent Year 1. Tenant can opt to pay remaining instalments via the below payment modes: • Company cheques • Personal cheque of authorised signatory (indemnity letter applies) • Direct bank transfer

We accept payments via manager’s cheque, direct bank transfers and personal cheque (indemnity letter applies).

If a lease offer is signed on basis of a DIFC License application and should the application be rejected by DIFC, subject to receipt of proof of such rejection the security deposit amount paid towards a unit reservation is duly refunded to the tenant in full. However, should the tenant decide to not proceed with the lease after signing of a Lease Offer for reasons otherwise the deposit is forfeited.

New lease process at Central Park Towers is simplified with clear documentation requirements. To know the details for Commercial New Lease, view Click here and for Retail New Lease, click Click Here

Yes. Tenant’s authorised signatory can sign the Lease via Docusign.

Provided that required documentation is completed and Lease Agreement is signed by both Parties, our Team will schedule a Move-In Handover Meeting to complete Move-In formalities on the Lease Commencement Date subject to receipt of initial dues and payments.

Lease registration at DIFC is done by the Landlord on tenant’s behalf on lease commencement and after completion of handover formalities. Fee towards lease registration is payable by the Tenant at no additional mark-up fee from the Landlord. Lease registration approval takes approx. 1 working day after which DIFC issues a Lease Certificate.

Before starting any fit out works, the appointed contractor shall coordinate with the building fitout delivery team who will guide on the full fit-out process including approvals.

A fit out deposit is a holding cheque paid by the appointed fit out contractor of the tenant at the start of fit out process and is duly returned back upon completion of fit out works subject to approval of fit out works from the governing authorities.

A fit out co-ordination fee is one-time fee charged to the tenant and is usually a cost associated with services provided during the fit out such as review of the drawings, NOC from Landlord, inspections at various stages of fit out including final inspections.

Tenants can avail additional car park spaces at minimal cost within the building. Kindly contact our Management Office for more details.

Sharing of premises is permitted to companies with same company. Write to your Property Manager at our Office for more details.

Write to our Management Office for more details

Kindly contact our Leasing Team at the Office located within Central Park Towers and we shall assist you in finding suitable options. For all other post-handover questions, please refer to Tenant Handbook and contact our Property Management Office.