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API World Tower, Sheikh Zayed Road

API World Tower, Sheikh Zayed Road

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Sheikh Zayed Road, Dubai

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Strengths

Prime Location

Modern Architecture

Sustainable Features

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • API World Tower stands as a premier office and mixed-use structure located on the iconic Sheikh Zayed Road.
  • This exquisite tower is strategically positioned near major business hubs and retail centers, providing an excellent location for both businesses and residents.
  • Public transportation access is convenient, with close proximity to metro stations and bus stops, allowing for easy commuting.
  • Nearby landmarks include trade centers, hotels, and renowned shopping malls, enhancing its appeal across various sectors.

Properties Overview

  • The tower offers a diverse range of commercial spaces and offices, catering primarily to renters and businesses.
  • Popular units include flexible office layouts that can accommodate startups to large corporations.
  • Rental rates typically range from AED 70,000 to AED 150,000 annually, depending on the unit size and location.
  • For purchase, office spaces are frequently listed with prices starting at AED 1,200 per square foot, appealing to investors seeking a prime business address.

Market Trends

  • The real estate market around API World Tower has shown a steady appreciation in property values, with average annual growth of 5-7%.
  • In the past year, rental demand has increased, leading to a projected occupancy rate of over 90%.
  • Investors can expect competitive returns on investment (ROI) ranging from 7% to 10%, making it an attractive option for business expansion.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity hosts several essential services, including supermarkets, educational institutions, and healthcare facilities.
  • Renowned hospitals and clinics are within a short distance, ensuring accessible medical care for tenants and visitors.

Transportation and Accessibility

  • Accessibility is enhanced with nearby metro stations and ample public transport options, reducing commuting time.
  • The building also offers dedicated parking facilities for tenants and visitors, contributing to overall convenience.

Lifestyle Amenities

  • Residents and employees can enjoy various lifestyle amenities including fitness centers, restaurants, cafes, and luxury hotels.
  • Outdoor recreational options such as parks and walking trails are also located within close proximity.

Builing Facilities

  • API World Tower features modern facilities including high-speed elevators, 24-hour security, and centralized air conditioning.
  • Maintenance services are readily available, ensuring the upkeep of all common areas and services.

Special Services

  • Additional features include concierge services and business centers designed for meetings and events.
  • Guest services are available, promoting a welcoming atmosphere for visitors and clients.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of office layouts and configurations are available, accommodating different business needs.
  • Options range from open-plan offices to semi-partitioned spaces, ideal for collaborative working environments.

Things to Consider

  • Potential tenants and buyers should assess factors such as budget, space requirement, and length of commitment prior to decision-making.
  • It's advisable to evaluate the proximity to competitors and essential services when selecting a space.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular networking events and community gatherings are organized to foster a vibrant business culture among tenants.
  • Celebratory events during festive seasons are also held to enhance community spirit within the tower.

Community Identity

  • API World Tower is distinguished by its modern architectural design and commitment to sustainable practices.
  • Cultural events and art exhibitions are sometimes hosted within the building, promoting local talent and creative expression.

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Detailed Buiding Insights

1. Family Friendliness

The area offers a family-friendly environment with nearby parks, schools, and recreational facilities that cater to children and families.

Moderately Welcoming

2. Living Options

There is a wide variety of living options available, from spacious apartments to luxurious penthouses, appealing to a range of preferences and budgets.

Diverse and Comfortable

3. Safety And Security

The community maintains a strong security presence, with 24-hour surveillance and controlled access, giving residents peace of mind.

Highly Secure

4. Transportation

The tower is strategically located along Sheikh Zayed Road, providing easy access to public transportation and major highways for commuting.

Exceptional Connectivity

5. Amenities And Facilities

Amenities include a modern gym, swimming pool, retail stores, and dining options all within the building or nearby, enhancing residents' lifestyles.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side due to the prime location, many residents find the investment worthwhile given the quality of life.

Moderately High

7. Things To Do

The surrounding area is filled with entertainment options, including cafes, shopping malls, cultural attractions, and events, ensuring there’s always something to do.

Vibrantly Active

8. Noise Levels

While the area is busy due to its location, the design of the tower and surrounding structures helps to minimize noise for residents.

Generally Moderate

9. Pet Friendliness

The community encourages pet ownership with designated pet areas and nearby parks, making it suitable for pet owners.

Welcoming to Pets

Schools

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Key Information

Developer: Khatib & Alami

Building Type: Commercial

Building Age: 27 years(Date of completion: 1998)

Unit Types : Fitted offices

Floors: 32

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

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