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Haus of Tenet

Business Bay · Irth Group

Project factsheet

Developer Irth Group
Status Under construction
District Business Bay
Handover Q1 2028

Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.

Developer prices

The developer did not quote sums in these materials — below is what they did contain: layouts, the payment plan and the handover date. I will send the current price list and availability over WhatsApp.

The developer's last quote in our materials is dated 20 January 2026, which is more than 6 months old, so the sums are not shown here. I will send the current price list and availability over WhatsApp.

Layout sizes from the same materials
  • Office unit от 600 ft², старт от 4 100 AED за фут
  • Whole floor до 20 000 ft²
Payment plan
50/50
Handover
Q1 2028
Developer
Irth Group

Figures come from the developer's own materials sent to brokers, dated 20 January 2026. The commentary behind them is written up in the Russian version of this page.

About the building

A office building in Business Bay, currently under construction. Developer — Irth Group.

Specifications for Haus of Tenet as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.

About the project

Haus of Tenet is an office building in Business Bay, handover is due Q1 2028.

The developer is Irth Group.

The database has nothing for this project at the moment: lots come and go here, and it refreshes nightly.

A boutique office project in Business Bay: fifteen office floors, an art concept, starting from AED 4,100 per foot (~$1,115/ft²), on a 50/50 plan. Official sales launch: 28 January 2026.

What sets it apart from a typical office tower

Haus of Tenet is built around privacy rather than scale. Fifteen office floors is modest for Business Bay, and that is deliberate: fewer units per floor, fewer people in each lift lobby, fewer crossings between tenants.

The stated package: a contemporary art collection in the common areas, dedicated parking and separate lifts for management, and a set of Class A-level services. Configurations vary — units with a balcony, without one, and with a private landscaped courtyard — all delivered shell and core.

One technical claim worth flagging on its own: no load-bearing columns within the office volumes and minimal loss to common areas, meaning almost all of the purchased area stays leasable. This is a checkable claim — against a floor plan showing net leasable area — and in offices it affects returns more than the price per foot does.

The numbers

Layout: standalone units from 600 ft², with the option to take a whole floor up to 20,000 ft². Starting price: AED 4,100 per foot. Payment plan: 50/50.

The service charge is stated at AED 20–22 per foot per year (~$5.50–6/ft²/yr). That is roughly double what office projects on Dubai's periphery charge, and it needs to be built into the net-yield calculation from the outset — over time it eats a noticeable share of the gross rate.

The financial model the sales side quoted for a roughly 90 m² unit: an internal rate of return of 18%, yield of just over 11%, with a lead time to handover of around two years. This is the seller's calculation, not a fact — it rests on an assumed rental rate and an assumption about how soon a tenant is found.

Concept, package, unit sizes, starting price, service charge, payment plan and launch date are from developer materials dated 20 January 2026. The financial model for the sample unit is the sales side's own calculation, dated 11 February 2026.

Where it is

The pin is placed by district — I send the exact address on request.

Nothing in the stock for this project right now

Listings for Haus of Tenet do not turn up every day. Message me — I will check the closed bases and suggest similar options nearby, in Business Bay.

Ask about this project
Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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Frequently asked about Haus of Tenet

Who is the developer of Haus of Tenet?

Irth Group.

When is Haus of Tenet handed over?

The sales-launch announcement says Q1 2028. The date in the contract for a particular unit can differ — I check it before the deal.

Where is Haus of Tenet?

Business Bay. The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.

How much does an office in Haus of Tenet cost?

Our database has no open listings for Haus of Tenet at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.

In the news

What has been written about the building, its developer and Business Bay

Where this project stands today

I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.

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