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Arenco Tower, Dubai Media City

Arenco Tower, Dubai Media City

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Dubai Media City, Dubai

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Strengths

Prime Location

Modern Architecture

Sustainable Features

Weakens

Parking Limitations

High Rental Costs

Noise Disruption

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Buildign Overview

Summary

  • Arenco Tower is a prominent commercial skyscraper located in the heart of Dubai Media City, a hub for media and technology companies.
  • The tower features modern architectural design and offers sweeping views of the surrounding area.
  • Nearby, residents and tenants can access prestigious institutions like the American University in Dubai, as well as key telecom providers.
  • Access to major road networks, including Sheikh Zayed Road, enhances connectivity, and the Dubai Metro is a short distance away for easy commuting.

Properties Overview

  • Arenco Tower offers a variety of office spaces for both lease and sale, catering to businesses of different sizes.
  • Typical rental prices for office units range from AED 80 to AED 150 per square foot, depending on the layout and floor level.
  • Popular property configurations include open-plan offices, designed to maximize usable space and promote collaborative work environments.

Market Trends

  • The Dubai real estate market has shown a consistent uptick in demand for commercial properties in the past year, with Arenco Tower contributing significantly to this trend.
  • Investors have noted a stable return on investment (ROI) of around 7-9% for properties within the building due to its prime location and high occupancy rates.
  • Forecasts for the upcoming year suggest continued stability, with potential for further appreciation in property values as Dubai Media City expands.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The surrounding area is well-equipped with essential facilities, including supermarkets such as Carrefour and Spinneys.
  • For educational needs, several reputable schools and universities are within a short drive, enhancing the attractiveness of the location for families.
  • Healthcare facilities, including clinics and pharmacies, are conveniently located, ensuring easy access to medical services.

Transportation and Accessibility

  • Public transport options include nearby metro stations and bus stops, offering seamless connectivity throughout Dubai.
  • Ample parking is available for tenants and clients, enhancing accessibility to the building.

Lifestyle Amenities

  • Arenco Tower features numerous lifestyle amenities, including on-site cafes and eateries, promoting a vibrant community atmosphere.
  • The vicinity boasts various leisure and entertainment options, from parks to gyms, catering to an active lifestyle.

Builing Facilities

  • The building is equipped with modern facilities, including high-speed elevators, round-the-clock security, and centralized air conditioning.
  • Maintenance services are readily available to ensure a well-managed workplace.

Special Services

  • Exclusive services offered include a professional concierge, meeting rooms, and business centers designed to enhance productivity for tenants.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse selection of office layouts is available, ranging from compact spaces to expansive full floors, catering to varying business needs.

Things to Consider

  • Prospective tenants and buyers should evaluate their space requirements, budget considerations, and growth potential before making an investment decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular networking events and professional gatherings are organized within the building, fostering community interaction among tenants.

Community Identity

  • Arenco Tower is distinguished by its commitment to a modern work-life balance, promoting an environment conducive to both business and leisure.

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Detailed Buiding Insights

1. Family Friendliness

Arenco Tower offers a decent environment for families, with nearby parks and recreational areas. However, the presence of more corporate settings may slightly limit family-oriented activities.

Moderately Welcoming

2. Living Options

The living options in Arenco Tower include modern apartments that cater to a wide range of preferences, making it attractive for various demographics, including professionals and small families.

Varied and Contemporary

3. Safety And Security

The area is well-maintained with a comprehensive security system in place, including surveillance and security personnel, ensuring a safe environment for residents.

Highly Secure

4. Transportation

Arenco Tower benefits from its proximity to major roadways and public transport options, making commuting efficient for residents.

Conveniently Accessible

5. Amenities And Facilities

The tower includes essential amenities such as fitness centers, swimming pools, and recreational areas, along with nearby commercial shopping centers enhancing the overall lifestyle.

Well-Equipped

6. Cost Of Living

While living costs in Dubai Media City can be higher than average, the value provided by the amenities and the location justifies the expenses.

Moderately Priced

7. Things To Do

Residents can enjoy a variety of activities including cafes, restaurants, and entertainment options, though the range may feel limited in comparison to more touristy areas.

Decently Engaging

8. Noise Levels

The noise levels are relatively low, as Arenco Tower is situated away from busy roads, contributing to a tranquil living experience.

Generally Peaceful

9. Pet Friendliness

Arenco Tower permits pets and has nearby parks, making it accommodating for pet owners, although some restrictions may apply based on the pet types.

Pet-Friendly

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Key Information

Developer: Arenco Real Estate

Building Type:  Commercial

Building Age: 19 years(completed in 2005)

Unit Types : Fitted office spaces, shops

Floors: 46

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

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