Bureau Lamar Commercial Tower (Peninsula) — SKID Score 7.1/10

Key information

Delivery date: Mar 2029
Location: Unknown, Peninsula, Bureau Lamar Commercial Tower
Payment plan: 10/50/40
Property types: Apartment
Government fee: 4%
Ownership type: Freehold
Starting price / sq.ft: AED 6,128 / sq.ft
Unit sizes: From 7,850 sq.ft
SKID score: 7.1 / 10 (Worth comparing)

Payment plan

10%

Down payment

AED 4.81M

At sales launch

50%

During construction

AED 24.05M

Construction milestones

40%

On handover

AED 19.24M

Mar 2029

Published milestone schedule · Payment Plan

10% + 5% VAT10% · AED 4.81M

10% + 4% DLD + 5% VAT10% · AED 4.81M

10% + 5% VAT10% · AED 4.81M

40% + 5% VAT40% · AED 19.24M

Project timeline

Project announcement
Lamar Development official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Mar 2029

About the project

Worth comparing.

The evidenced factors are mixed.

Bureau Lamar Commercial Tower is a premier commercial complex by developer Lamar Development, presented by the agency Refine Development Management, located in Business Bay. The project includes seven buildings with a ground floor and four to twenty-one levels. Multiple sides of the property offer pristine waterfront views of the Dubai Canal. Bureau Lamar Commercial Tower offers premium large-scale office spaces. The project features ultra-luxury interiors in common areas and flexible office designs that owners can customize. The project introduces a business and arts library, a cultural district with art exhibition spaces, a luxury cinema hall, and multiple perfomance areas. Thanks to its strategic location, the complex provides quick access to key-destinations, including The Dubai Mall and Burj Khalifa - within 10 minutes, Jumeirah Beach - 17 minutes, and Dubai International Airport can be reachable in 19 minutes. For sale: Office - from 48 104 828 AED / 7 850 - 11 200 sq. ft.

Residential price comparison blocked due to asset-type mismatch

Project is classified as commercial. SKID blocks comparing commercial or land-plot properties against residential transactions.

Amenities

Cinema
Conference Room
Event Lawns
Library
Lift
Retail Outlets
Security & CCTV
Sitting Area
Social Zone

Units

from developer

Building

Floor plan not published by source

7,850 – 10,710 sq.ft · AED 6,128 / sq.ft

From AED 48.1M

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

5/8 factors backed by verified evidence (58% weight coverage) · skid-geo-v3.0-8factor

7.1/ 10

Historical DLD Transaction Context

Comparable price check blocked — asset types do not match

Incompatible asset type — comparison blocked

Project is classified as commercial. SKID blocks comparing commercial or land-plot properties against residential transactions.

Why historical DLD comparison is not shown

Comparing different property classes (such as commercial space vs. residential apartments, or villas vs. apartments) creates misleading price-per-square-foot numbers. Verify commercial sale transactions separately.

1. Published Asking Price

AED 6,128 / sq.ft.

AED 48,104,828 starting price · 7,850 sq.ft.

2. Historical Nearby Closed Sales

Not yet available

Recorded closed sales in this area

3. Spread vs Historical Median

—

Compared with recorded nearby sales

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 4.81M

At booking

During construction50%

AED 24.05M

Construction milestones

On handover40%

AED 19.24M

Handover Mar 2029

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Residential price comparison blocked due to asset-type mismatch

Project is classified as commercial. SKID blocks comparing commercial or land-plot properties against residential transactions. (Verified Fact · Verified Audit Guard)

Pricing & Asset Compatibility

Asset Mismatch

Residential price comparison blocked due to asset-type mismatch

Project is classified as commercial. SKID blocks comparing commercial or land-plot properties against residential transactions.

Why this matters: Comparing different property classes (such as commercial space vs. residential apartments, or villas vs. apartments) creates misleading price-per-square-foot numbers. Verify commercial sale transactions separately.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for Lamar Development in catalog

Lamar Development is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

Handover Horizon (Potential Risk)

~2.9 Yrs (2029-03)

Estimated ~2.9-year horizon until 2029-03 target handover (~35 months)

Target completion is scheduled for 2029-03. SKID does not assume or predict developer delays, but a ~2.9-year construction window carries potential schedule and market-cycle exposure.

Why this matters: Capital committed during construction remains illiquid until handover, and multi-year timelines carry potential exposure to contractor pacing, phased delivery, and market shifts.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 5/8 factors (57.6%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

0.2 since last analysis

Last evaluated: 2026-10-31

Strong

• No other live launch in this community on the catalog
• Handover sits in a typical 1–3 year off-plan window

Watch

• Located in Peninsula
• 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones

Risk

• Service charge published at 31

See all 8 scoring factorsWhy SKID gave it 7.1

Why SKID gave it 7.1

Location

Weight: 42.1%

6.0/ 10

Located in Peninsula

Entry price

Weight: 18.2%

Insufficient evidence (N/A)

No verified same-emirate transaction registry benchmark available for this emirate

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 21.1%

9.0/ 10

No other live launch in this community on the catalog

Payment plan

Weight: 21.1%

7.3/ 10

40% of the price is due at or after handover, in line with balanced UAE off-plan milestones

Delivery risk

Weight: 10.5%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 6.1%

Insufficient evidence (N/A)

Service charges

Weight: 5.3%

4.0/ 10

Service charge published at 31

Factor	Weight	Score
Location Located in Peninsula	42.1%	6.0/ 10
Entry price No verified same-emirate transaction registry benchmark available for this emirate	18.2%	Insufficient evidence (N/A)
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition No other live launch in this community on the catalog	21.1%	9.0/ 10
Payment plan 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones	21.1%	7.3/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	10.5%	8.6/ 10
Exit liquidity Insufficient evidence (N/A)	6.1%	Insufficient evidence (N/A)
Service charges Service charge published at 31	5.3%	4.0/ 10

Location

Unknown, Peninsula, Bureau Lamar Commercial Tower

Interactive map ready (1 verified location)

· Peninsula, Unknown

View project

Living in Peninsula

Historical DLD Median

Area benchmark

Historical DLD Sample

DLD area records

Ownership

Freehold

Frequently asked questions

Is Bureau Lamar Commercial Tower a good off-plan investment in Peninsula?

Bureau Lamar Commercial Tower in Peninsula (Unknown) scores 7.1/10 (compare) on the independent SKID 8-factor off-plan model across 58% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: supply. Weakest: service charges. Reviewed by SKID Investment Research Engine (as of 2026-10-31).

Who is building Bureau Lamar Commercial Tower?

Lamar Development is the developer named on this launch.

When is handover for Bureau Lamar Commercial Tower?

The published handover is Mar 2029.

What is the starting price of Bureau Lamar Commercial Tower?

The published starting price is AED 48.1M.

What does the SKID screen mean for Bureau Lamar Commercial Tower?

The SKID screen for this launch in Peninsula is 76 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.