Al Shafar Tower 1, Barsha Heights (TECOM)

Barsha Heights (TECOM), Dubai

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Strengths

Modern architectural design

Strategic location

Comprehensive amenities

Weakens

High rental prices

Limited parking

Noise levels

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Strengths

Modern architectural design

The sleek and contemporary aesthetics appeal to both residents and businesses.

Strategic location

Situated in Barsha Heights, the building offers easy access to major highways and public transport.

Comprehensive amenities

Features like a swimming pool, gym, and parking add significant value to the residency.

Weaknesses

High rental prices

The cost of living in the building may be on the higher side compared to nearby options.

Limited parking

Parking availability can be an issue, especially during peak hours.

Noise levels

Being in a bustling area may lead to higher noise levels that could disturb residents.

Considerations

Proximity to business hubs

Ideal for professionals working in TECOM and nearby business districts.

Cultural diversity

The area attracts a mix of residents from various backgrounds, enriching the community experience.

Future development

Potential upcoming projects in the area may affect property values and living conditions.

Buildign Overview

Summary

Al Shafar Tower 1 is a prominent residential and commercial skyscraper located in Barsha Heights, also known as TECOM.
The building is conveniently situated near major highways, offering easy access to the rest of Dubai and proximity to the Media City and Internet City.
Surrounding amenities include a range of restaurants, cafes, retail shops, and recreational facilities.
In comparison to other nearby buildings like the Media One Hotel and Time Oak Hotel, Al Shafar Tower 1 stands out for its modern architecture and comprehensive lifestyle offerings.

Properties Overview

The tower features apartments ranging from 1 to 3 bedrooms, appealing to both renters and buyers.
Rental prices typically range from AED 50,000 to AED 110,000 per year, depending on the size and floor level.
For those looking to purchase, property prices generally vary between AED 800,000 and AED 1.7 million.
The most sought-after units tend to be the two-bedroom apartments, which offer a balance of space and affordability.

Market Trends

The real estate market in Barsha Heights has shown a steady growth trend, with rental prices increasing by approximately 5% over the last year.
The return on investment (ROI) for investors in this area typically ranges from 6% to 8%, reflecting strong demand.
Looking ahead, market analysts predict continued growth due to ongoing development and an influx of businesses relocating to the TECOM area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Nearby supermarkets include Carrefour and Spinneys for convenient grocery shopping.
Educational institutions such as the Dubai British School and Emirates International School ensure quality education options.
Healthcare services are easily accessible with prominent hospitals like Mediclinic and Saudi German Hospital located within a short distance.

Transportation and Accessibility

Residents have access to the Dubai Metro, with the nearest station being a short walk away, facilitating easy commutes.
Numerous RTA bus routes service the area, providing additional public transport options.
Ample parking space is available within the building premises for residents and guests.

Lifestyle Amenities

The building features state-of-the-art fitness facilities, including a swimming pool and gym.
A variety of dining options are available on-site, ranging from casual cafes to fine dining restaurants.
Outdoor spaces and parks nearby provide opportunities for walking, jogging, and other recreational activities.

Builing Facilities

Equipped with high-speed elevators for quick access to all floors.
24/7 security services ensure a safe living environment.
Central air conditioning systems are installed throughout the building for optimal comfort.
Dedicated maintenance services are available around the clock for tenant convenience.

Special Services

Concierge services are offered to assist residents with various needs, from reservations to inquiries.
Business center facilities are accessible for residents working from home or needing meeting spaces.

Planning Your Move or Investment

Floor Plans and Property Types

Al Shafar Tower 1 provides a range of floor plans, including compact one-bedroom units and spacious three-bedroom apartments, catering to diverse lifestyle needs.

Things to Consider

Potential tenants and buyers should assess their space requirements and budget constraints carefully.
It's important to explore the surrounding community, including amenities and transportation.

Useful FAQs and Support

Events and Building Life

Building Events

Regular community events are hosted within the building, providing residents with opportunities to socialize and network.
Seasonal celebrations and holiday gatherings are planned to enhance community spirit among tenants.

Community Identity

Al Shafar Tower 1 is recognized for its contemporary design and commitment to offering a comprehensive living experience.
The blend of residential comfort and commercial offerings distinguishes this tower as a premier choice in TECOM.

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Detailed Buiding Insights

1. Family Friendliness

The community provides a decent environment for families, with family-oriented amenities and nearby schools, but lacks extensive recreational spaces.

Moderately Welcoming

2. Living Options

Al Shafar Tower 1 offers a range of living spaces, from studio apartments to larger units, appealing to both singles and families.

Diverse Selection

3. Safety And Security

The building features round-the-clock security and surveillance systems, contributing to a safe environment for residents.

Secure and Reliable

4. Transportation

Well-connected to public transportation, including nearby metro stations, making commuting to other areas of Dubai easy.

Convenient Access

5. Amenities And Facilities

Includes offers modern amenities like a swimming pool, gym, and nearby shopping centers, enhancing the quality of living.

Well-Equipped

6. Cost Of Living

While the cost of living is reasonable compared to surrounding areas, some might find it slightly higher given the amenities offered.

Relatively Affordable

7. Things To Do

The area is close to a variety of dining, entertainment, and shopping options, appealing to various lifestyle preferences.

Vibrantly Engaging

8. Noise Levels

Mostly quiet with occasional disturbances from nearby streets, but overall conducive for comfortable living.

Generally Peaceful

9. Pet Friendliness

Pet policies are in place, but the lack of dedicated green spaces may limit outdoor pet activities.

Moderately Accommodating

Schools

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Key Information

Building Type: Commercial

Building Age: 18 years(completed in 2006)

Unit Types : Commercial offices and shops

Floors: 26

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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