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Al Wasl Tower, Sheikh Zayed Road

Al Wasl Tower, Sheikh Zayed Road

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Sheikh Zayed Road, Dubai

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Strengths

Modern architectural design

Prime location

Sustainability initiatives

Weakens

Traffic congestion

High rental prices

Limited parking space

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Buildign Overview

Summary

  • Al Wasl Tower is a modern commercial skyscraper located on the prominent Sheikh Zayed Road.
  • The building is strategically placed near major business hubs, making it ideal for corporate offices.
  • Nearby landmarks include the Dubai World Trade Centre and various hotels, enhancing accessibility for visitors.
  • With easy access to public transportation, including the Dubai Metro, commuting is convenient for tenants and employees.

Properties Overview

  • Al Wasl Tower offers a mix of office spaces and retail units, catering to a diverse range of businesses.
  • Average rental rates for office spaces range from AED 100 to AED 150 per square foot, while retail units have variable pricing based on size and location.
  • The building is popular among entrepreneurs and established businesses alike, thanks to its location and amenities.

Market Trends

  • The commercial real estate market in this area has seen a steady demand, with a year-on-year rental increase of approximately 5%.
  • Investors can expect a competitive return on investment (ROI) of 7% to 9% depending on the property type.
  • Given the ongoing developments in the vicinity, prices are anticipated to rise further in the coming years, attracting more investments.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Al Wasl Tower is surrounded by essential services, including supermarkets, banks, and schools.
  • Advanced healthcare facilities, such as hospitals and clinics, are located within a short distance, ensuring residents' well-being.

Transportation and Accessibility

  • The building benefits from excellent public transport links, being close to metro stations and bus routes.
  • Ample parking space is available for tenants and visitors, providing easy access to the building.

Lifestyle Amenities

  • On-site amenities include a fitness center, restaurants, and leisure facilities, catering to a high-end lifestyle.
  • Nearby outdoor spaces offer recreational options for fitness enthusiasts and social gatherings.

Builing Facilities

  • Al Wasl Tower is equipped with high-speed elevators, robust security systems, and centralized air conditioning.
  • Dedicated maintenance services ensure the building remains in excellent condition.

Special Services

  • The building offers concierge services and business centers to support professionals and enhance productivity.
  • Unique amenities include event spaces for corporate gatherings and networking opportunities.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of office layouts are available, ranging from open-plan spaces to private offices, accommodating different business needs.
  • Retail units come in diverse configurations, allowing flexibility in design and purpose.

Things to Consider

  • Key factors to evaluate include budget, space requirements, and proximity to clients or suppliers.
  • Potential tenants and buyers should consider the building’s amenities and accessibility when making their decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Wasl Tower hosts regular networking events, seminars, and community gatherings, fostering a vibrant business environment.
  • These events provide tenants with opportunities to connect, collaborate, and grow their professional networks.

Community Identity

  • The tower’s striking architectural design and prime location position it as an iconic landmark on Sheikh Zayed Road.
  • It embodies the modern spirit of Dubai, integrating business and lifestyle seamlessly.

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Detailed Buiding Insights

1. Family Friendliness

The area is equipped with family-friendly amenities such as parks, playgrounds, and schools nearby, making it a great place for families.

Exceptionally Welcoming

2. Living Options

Al Wasl Tower offers a range of living options, including apartments and penthouses, catering to various lifestyles and preferences.

Broadly Diverse

3. Safety And Security

The community is known for its excellent security measures, including surveillance and 24/7 security personnel.

Remarkably Secure

4. Transportation

With easy access to Sheikh Zayed Road and public transportation options, commuting is fast and efficient in this area.

Highly Convenient

5. Amenities And Facilities

The tower features extensive amenities including a gym, swimming pool, and recreational areas, providing residents with a well-rounded lifestyle.

Richly Equipped

6. Cost Of Living

While the area offers a luxurious living environment, the cost of living is higher compared to other neighborhoods, which might be a consideration for some.

Relatively High

7. Things To Do

The vicinity is rich in entertainment options, including restaurants, cafes, shopping malls, and cultural attractions, ensuring that there is always something to enjoy.

Vibrantly Diverse

8. Noise Levels

Due to its location on a major road, noise levels can sometimes be higher, but the tower is designed to minimize impact for residents.

Moderately Lively

9. Pet Friendliness

Many residences in Al Wasl Tower are pet-friendly, and there are nearby parks which welcome pets, making it a suitable choice for pet owners.

Warmly Accommodating

Schools

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Reviews

1 reviews

5.0

Overall Satisfaction

4.0

Living Experience

0.0

Value for Money

0.0

Location & Accessibility

0.0

Family Friendliness

0.0

Facilities & Amenities

0.0

Guest Parking

0.0

Security & Safety

0.0

Maintenance & Upkeep
Overall Satisfaction

4.5

1 Month Ago

Tes

Overall Satisfaction

4.5

Living Experience

4.5

Value for Money

4.5

Location & Accessibility

4.5

Family Friendliness

4.5

Facilities & Amenities

4.5

Guest Parking

4.5

Security & Safety

4.5

Maintenance & Upkeep

4.5

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer: Arenco Architectural & Engineering Consultants

Building Type: Residential

Building Age: 23 years(completed in 2001)

Unit Types : 1, 2, 3 and 4-bedroom apartments

Floors: 22-storey

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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